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Global Cellular M2M Connections and Services Market Become Dominant At CAGR Of 29.98% By 2020

Press release   •   Jul 14, 2016 07:55 EDT

About the Cellular M2M Connections and Services Market

M2M technology enables the communication of data and information between electronic devices. In cellular M2M connections, code-division multiple access (CDMA), 2G, 3G, and 4G-LTE networks are used to establish connections between electronic devices.

Cellular M2M has a broad range of applications in industries such as automotive, healthcare, retail, transport and logistics, manufacturing, energy and utilities, and consumer electronics. Cellular M2M connections and services are used for video surveillance, remote diagnostics of vehicles, fleet management, asset tracking, theft recovery, and point-of-sale (POS) applications. These M2M offerings help industries worldwide enhance their operational efficiency and productivity by reducing the overall capital expenditure (CAPEX).

Technavios analysts forecast the global cellular M2M connections and services market to grow at a CAGR of 29.98% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global cellular M2M connections and services market for 2016-2020. To calculate the market size, the report considers the following:

M2M services revenue from cellular technologies, including 2G, 3G, and 4G long-term evolution (LTE).

Revenue from M2M value-added services (VAS) and platform services.

M2M services income from verticals such as consumer electronics, automotive, transport and logistics, healthcare, energy and utilities, and manufacturing. Other verticals include financial services, retail, public services, consumer goods, and security.

However, the report does not consider the revenue generated from satellite-based M2M services, fixed M2M services, and M2M devices and modules.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Cellular M2M Connections and Services Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Download The sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/751784

Key vendors

AT&T

China Telecom

EE

Sprint

Verizon Communications

Other prominent vendors

Aeris Communications

Amdocs

China Mobile

Comarch

Digi international

Ericsson

Gemalto

Huawei

Jasper Technologies

Kore Wireless Group

Novatel Wireless

Orange Business Services

PTC

Rogers Communications

Sierra Wireless

Tech Mahindra

Telefonica

Telit

u-blox

Wipro

Wyless Group

Market driver

Increased use of POS terminals

For a full, detailed list, view our report

Market challenge

Security and network integration issues in connected vehicles

For a full, detailed list, view our report

Market trend

M2M platform consolidation

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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