Scope of the Study
Machine to machine communication is a direct communication between devices using any communication channel such as wired and wireless. In this technology typically use sensors to capture data that is fed through networks, providing critical input to various types of machines that perform different tasks. Machine to machine technology was first adopted in manufacturing and industrial setting and then applied in healthcare, business, insurance and more. It helps to improve production and efficiency in various areas.
The market study is being classified, by Application (Consumer Electronics, Information Technologies (IT), Retail, Transportation and Automotive, Healthcare and Security and Surveillance) and major geographies with country level break-up.
Aeris communications. Inc. (United States), Deutsche Telekom AG (Germany), Cisco Systems Inc. (United States), Telenor Group (Norway), KORE Wireless Group (United States), Intel (United States), Verizon Communications, Inc. (United States), Rogers Communications Canada, Inc. (Canada), Singtel Group (Singapore) and Texas Instruments (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Vodafone Group plc. (United States), Sprint Corporation (United States), Telefonica, S.A. (Spain) and Numerex Corp. (United States).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Machine to Machine Communication market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Machine to Machine Communication market by Type, Application and Region.
On the basis of geography, the market of Machine to Machine Communication has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Wired will boost the Machine to Machine Communication market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Actuators will boost the Machine to Machine Communication market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Adoption Rate of the M2M Application
- Rapid Growth of the Cloud Computing
- Provides Better Efficiency and Saves Time
- Increasing Machine To Machine Services
- High Installation Cost of This Technology and Maintenance
- Increasing Integration of Automation across Industrial Sectors
- Risk of Losing Privacy and Security
- Requires Constant Internet Connection with Reasonable Speed
Market Leaders and their expansionary development strategies
Recently, KORE Wireless Group, the world’s largest managed wireless network services provider specializing in Machine-to-Machine (M2M) communications and the Internet of Things (IoT), announced the acquisition of Wyless Group Holdings.
Key Target AudienceMachine to Machine Communication Service Providers, Emerging Companies, Research Institutes, Government Body & Associations and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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