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Machine-to-Machine (M2M) Connections Market by Technology (Wired, Wireless), Industry (Healthcare, Utilities, Retail, Consumer Electronics, Automotive & Transportation, Security & Surveillance), and Geography - Global Forecast to 2023

Machine-to-Machine (M2M) Connections Market: Global Forecast until 2023

  • July 2017
  • 167 pages
  • ID: 5009182
In this report:
The wired M##M connections market for automotive and transportation end-user industry in APAC markets, by value and number of connections, is expected to grow at a CAGR of ##.##% and ##.##%, respectively between 2017 and 2023.
The industrial development in the APAC region is being led by China and is expected to have the highest share of ##.##% and ##.##% of the M##M connections market in 2016 and 2023, respectively.

Summary

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"Machine-to-machine (M2M) connections market to grow at a CAGR (Compound annual growth rate) of 4.60 percent"

According to the new market research report on machine-to-machine connections, this sector is anticipated to be worth ~$27.6B by 2023, increasing at a compound annual growth rate (CAGR) of 4.60 percent from 2017 to 2023. The rise of the M2M connections market can be accredited to the increasing penetration of the Internet, favorable regulatory mandates, growing M2M connections among different industry verticals, and increasing adoption of 4G/LTE cellular technologies. Nevertheless, the lack of standardization in connectivity protocols is hindering the increase of the M2M connections market.

"Wireless technologies is anticipated to grow at the highest compound annual growth rate (CAGR) from 2017 to 2023"

The industry for wireless technologies is anticipated to witness the top compound annual growth rate from 2017 to 2023. This is primarily because wireless connectivity affords several advantages over wired connectivity including increased mobility and collaboration, improved responsiveness, better access to information, easier network expansion, and enhanced guest access.

"M2M connections for the automotive and transportation industry held the biggest market share in 2016"

The automotive and transportation market held the biggest share of the M2M connections market compared to other end-user sectors in 2016. The growth in the industry demand for embedded telematics in cars and Wi-Fi-based GPS trackers for remote fleet monitoring, along Bluetooth in-car connectivity for vehicle infotainment, is predicted to push the rise of the wireless M2M connections market for the automotive and transportation end-user market.

"M2M connections market in Asia-Pac forecasted to grow at the maximal rate"

This business report includes the M2M connections market in the whole Americas, EU, Asia Pacific (APAC), and Rest of the globe. Considering the big population in some of the emerging economies including China, India (IN), and Malaysia (MY) in the Asia-Pacific regions, together with an increased spending from government agencies for the development of IT and M2M infrastructure, the M2M market is forecasted to have more opportunities for increase in this area.

Breakdown of profiles of primary members taking part:

• By Company category: Tier 1 - 55.0 percent, Tier 2 - 25.0 percent, and Tier 3 - 20.0 percent

• By Description: Directors - 50.0 percent, Managers - 20.0 percent, Vice Presidents - 25.0 percent, and Others - 5.0 percent

• By Area: North America continent - 40.0 percent, Europe (EU) - 35.0 percent, Asia-Pac - 15.0 percent, and rest of the world - 10.0 percent

The firms that are profiled in the study are AT&T, Incorporated, Cisco Systems, Incorporated, Huawei Technologies Co., Limited, NXP Semiconductors N.V., Texas Instruments Incorporated, Intel Corporation, Gemalto N.V., Vodafone Group PLC, Murata Manufacturing Co., Limited, U-blox Holding AG, Fanstel Corporation, and Commsolid GmbH.

Segment Research

The analysis depicts different technologies combined with M2M connections and related developments in terms of hardware, i.e., chipsets and modules across various industry verticals and localities. It aims at evaluating the market value and upcoming growth potential of this market across distinct segments including technology, end-user sector, and area. Moreover, the market research also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, vendor DIVE, recent evolutions, and key industries strategies.

Why Purchasing This Study Can Help You:

• this business report includes the industry statistics pertaining to technology, end-user market, and territory together with their respective revenue.

• The main drivers, market restraints, opportunities, and alternatives for the M2M connections market have been precised in this industry report.

• Illustrative segmentation, study, and estimate for M2M connections sectors established on technology, end-user sector, and area have been provided to give an global view of the M2M connections market.

• A in-depth competitive landscape has been provided including top players, complete study, and revenue of main actors, together with vendor DIVE matrix.

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