The Global M2M Connections Market is valued at USD 21.24 billion in 2016 and is expected to reach a value of USD 46.39 billion by the end of 2022, growing at a projected CAGR of 10.26% during the forecast period of 2017 – 2022.
The most familiar technologies like internet, sensors, and computers have a great influence on M2M communications and are being used by business, individuals etc. The global M2M connections reached 18 billion in 2014, which is an indicator of market maturity. China holds the maximum share of global M2M market in terms of number of connections, followed by America.
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This market is driven by factors such as augmenting applications telematics, adoption of the high-speed spectrum, increasing number of mobile connections, etc. However, this market faces certain drawbacks, such as security issues, as customers feel that is no privacy and lack of standardization, where most of the M2M systems are custom designed.
Asia occupies the largest market share of 42%, followed by Europe and North America. There is immense potential and opportunities in the Asia-Pacific region as cellular connections are growing rapidly. In terms of global M2M revenue, the US has the largest market share of 23%, followed by China. In the present scenario, short-range technology is the most preferred M2M connection.
The M2M connections market is segmented on the basis of technology, industry verticals, and geography.
Key Industry Players
This report describes a detailed study of Porter\’s five forces analysis of the market. All the five major factors in these markets have been quantified using internal key parameters governing each of them. It also covers the market landscape of these players, which includes key growth strategies, geographical footprint, and competition analysis.
The report also considers key trends that shall influence the industry and profiles of over 10 leading suppliers of M2M connections such as:
Duetsche Telecom AG
China Mobile Ltd
Cisco System Inc.
Huawei Technologies Co. Ltd
Verizon Communications Inc
Market definition for M2M connections along with identification of key drivers and restraints of the market.
Market analysis for the M2M connections market, with region specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
Identification and analysis of the macro and micro factors that affect the M2M connections market on both global and regional scales.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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Table of Contents
1.1 Study Deliverables
1.2 Market Definition
1.3 Review and Forecast Period Years
2. Research Methodology
2.2 Research Design
2.3 Study Timeline
2.4 Study Phases
3. Key Findings
4. Executive Summary
5. M2M Connections – Market Overview and Technology Trends
5.1 Current Market Scenario
5.2 Industry Attractiveness – Porter’s Five Force Model
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threat from New Entrants
5.2.4 Threat from Substitute Product Types
5.2.5 Competition Rivalary within the Industry
5.3.1 Augmenting Applications Telematics
5.3.2 Increasing Number of Mobile Connections
5.3.3 Adoption of High-Speed Spectrum
5.4.1 Privacy and Security Issues
5.4.2 Lack of Standardization
6. Market Segmentation
7. By Technology
7.1 Cellular Connections
7.2 Low Power Wide Area (LPWA)
7.3 Short Range
7.4.1 Wide Area Powerline
7.5 Wide Area Fixed
8. By Industry Verticals
8.1 Retail Sector
8.2 Banking and Financial Institution
8.3 Telecom & IT Indust
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