Machine to Machine (M2M) Market worth $85.96 Billion by 2017

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MarketsandMarkets Presents
Global Machine to Machine (M2M) Market worth
85.96 Billion by 2017

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chine-to-machine-market-732.html
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According to a new market research
report, Machine to Machine (M2M) Market Global
Forecast Analysis (2012 2017) by Hardware
Components, Technologies Applications published
by MarketsandMarkets, the total M2M market is
expected to reach 85.96 billion by 2017 at a
CAGR of 26.1 from 2012 to 2017. Browse 83
tables spread through 195 pages and in-depth TOC
on Machine to Machine (M2M) Market Global
Forecast Analysis (2012 2017) by Hardware
Components Sensors, Actuators, RFID, Memory,
Processor ADC/DAC, Power Module, Communication
Module, Technologies 2G, Ethernet, Powerline,
ZigBee, Wi-Fi Applications Consumer
Electronics, Automotive Transportation, Retail,
Utilities, Security Surveillance,
Healthcare. http//www.marketsandmarkets.com/M
arket-Reports/machine-to-machine-market-732.html

 
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chine-to-machine-market-732.html
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Early buyers will receive 10 customization on
this report.

 
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• The M2M market has been witnessing rapid growth
  in the past 2 to 3 years. This is mainly
  attributed to the rise of cloud computing
  technology and smartphones market. In addition,
  there have also been growing numbers of
  regulatory mandates in favor of M2M technology,
  which, in turn, have been driving M2M-based
  innovations for use across different
  applications. However, lack of technology
  awareness and the initial high cost associated
  with the development and deployment of the
  solution are slightly hindering the market
  growth.
• Some of the key hardware components used in the
  development of M2M solution include sensors,
  actuators, RFID, memory, power module, and
  communication module. The communication module is
  observed to hold the highest share in the M2M
  market and expected to grow at the highest CAGR
  of 32.4 from 2012 to 2017.

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chine-to-machine-market-732.html
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• With respect to the technologies utilized to
  achieve communication, 2G networks are widely
  deployed as they offer sufficient bandwidth and
  extend support to a variety of low-cost embedded
  data networking modules. While this technology
  holds the highest share of 35.5 as of 2011,
  ZigBee is expected to grow at the highest CAGR of
  33.8 from 2012 to 2017. This was mainly
  attributed to its benefits such as low power
  consumption, low cost, and fast connection time
  for end devices. Amongst the different
  application sectors that utilize M2M-based
  solutions, consumer electronics sector provides
  the most potential opportunities followed by
  automotive and transportation. With rise in
  government regulations to ensure the safety and
  security of the inmates of vehicles, automotives
  and transportation sector is expected to grow at
  the highest CAGR of 33.5 from 2012 to 2017.

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chine-to-machine-market-732.html
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• The concept of partnerships amongst embedded
  device manufacturers, solution providers, and M2M
  network operators has emerged as a global
  ecosystem in the M2M market. This, in turn, is
  expected to leverage their sales and marketing
  channels. The M2M market space is observed to
  provide low marketing cost and longer life
  cycles. Mobile network operators (MNOs) are
  expected to be highly benefited by this market
  with loads of potential growth opportunities.
• The global M2M market is expected to grow from
  21.52 billion in 2011 to 85.96 billion in 2017
  at a CAGR of 26.1 from 2012 to 2017.
  Asia-Pacific is observed to have the highest
  growth rate. This is mainly attributed to the
  growing technology awareness and rapid fall in
  availability of human labor for execution of
  critical tasks.

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