What is M2M Network Security Market?
M2M network security provides protection of M2M network from potential threats and viruses that affect daily business operations. M2M security is one of the emergent technologies that has attracted a lot of attention in both the industrial and academic sectors. M2M incorporates technologies that facilitate wired and wireless communication between devices with similar technical compatibility. The factors such as an Increase in the Number of Connected Devices and Increased Need for Advanced Security Solutions are driving the global m2m network security.
The market study is being classified by Type (Hardware Systems and Software Services), by Application (Household, Industrial, Retail and Payment Industries, Logistics and Transportation Industries and Healthcare) and major geographies with country level break-up.
Cisco Systems (United States), Gemalto (United States), Kore Wireless (United States), Numerex Corp. (United States), PTC Inc. (United States), Digi International (United States), Eurotech (Italy), NetComm Wireless (Australia), Netop (United States) and Inseego (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are SIMCom Wireless Solutions (China).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global M2M Network Security market throughout the predicted period.
Analyst at AMA have segmented the market study of Global M2M Network Security market by Type, Application and Region.
On the basis of geography, the market of M2M Network Security 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase in the Number of Connected Devices
- Increased Need for Advanced Security Solutions
- Increased demand for M2M in Consumer Electronics
- High costs of M2M Network Security Solutions
- Growth in the Demand for Cloud-based Solutions
- Increasing Demand from End-users
- Technical Complexities Associated with M2M Network Security
In June 2019, Cisco has announced that its plans to acquire Sentryo, a company based in France who manages the cyber risk of M2M networks and industrial control systems, in order to optimize visibility, segmentation, and operations for Cisco customers.
Key Target AudienceM2M Network Security Providers, Emerging Companies, Research Professionals and End-users
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