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Machine to Machine (M2M) Connections Market, report categorizes the report by Technology, End User and Region. It provides information about - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017 – 2025
Machine to Machine Connections Market - Global Industry Insights,
Trends, 2017 – 2025
Machine-to-machine technology refers to any technology that enables direct communication
between network devices with the help of wired and wireless communication channel by
exchanging information, interpreting data, and making decisions individually without human
assistance.
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Machine to machine connections are usually used in warehouse management, supply chain
management, and remote monitoring. For instance, machine to machine connections enables
a retailing machine to directly communicate with the distributor regarding any particular
product stock whenever it is running low by sending him a message. Hence, it is very
important for warehouse and retail sector. Moreover, it and be utilized for traffic control,
telemedicine, and fleet management.
Major factors driving the growth of machine to machine market connections is increasing
penetration of internet. Moreover, advancement in technologies and increasing adoption of
2G, 3G, and 4G Long-Term Evolution (LTE) cellular networks are favorable for global M2M
market growth. For instance, according to Internet World Stats, in June 2017, total internet
users count was around 3.89 billion, which is about 51.7% of the global population.
Furthermore, substantial penetration of short range wireless technologies, which includes
Bluetooth, Wi-Fi, and ZigBee are further expanding the role of machine to machine
connections globally. These wireless connectivity technologies enables real time
communication. They have applications in healthcare for patient monitoring devices, car
infotainment systems, and smart appliances.
Mobile, other connected devices including wearables, and social media are key factors
responsible for the evolution of machine to machine connections and have also accelerated
overall growth of the market. These enables a new way of real time communication in cost
effective way. For instance, according to Coherent Market Insights’ analysis, in 2016, over
68% of global population was already using mobile phones and the count of M2M
connections were around 192 million in 2014 as compared to over 70 million in 2010.
Machine to machine connections transmit data between mobile devices and the cellular
network.
However, lack of standardization in connectivity protocols is the major restraining factor for
the growth of the M2M connections market.
Machine to Machine (M2M) Connections Market Taxonomy:
On the basis of technology, the global machine to machine connection market is
segmented into:
● Wireless Technology
○ Cellular Network
■ 4G/LTE
■ 3G
■ 2G
○ Short Range Network
■ Wi-Fi
■ Bluetooth
■ Zigbee
○ Wired Technology
■ Ethernet
■ Industrial
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On the basis of end user industry, the global machine to machine connection market is
segmented into:
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●
●
●
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Healthcare
Automotive & Transportation
Consumer Electronics
Utilities
Retail
Security & Surveillance
Others
Machine to Machine Connections Market: Regional Insights
The global machine to machine connections market is segmented on the basis of regions into
North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The
market for machine to machine connection in Asia Pacific region accounted for largest share
of the global machine to machine connections market in 2016. This growth is attributed to
explosion of smart devices. China manufactures inexpensive sensors, which are responsible
for increased penetration of smart devices such as wearable devices and smart home
appliances. These smart devices collects data and zap is wirelessly connected to the internet,
owing to increased number of smartphones utilization, which is propelling the demand for
regional machine to machine connections. According to the State of Social Media and
Messaging in Asia Pacific: Trends and Statistics published by RVC, a state fund of funds and
the development institute of the Russian Federation, in 2016, around 3.42 billion internet
users were representing around 46% of global population, 2.31 billion social media users
were there delivering 31% of global penetration, and 1.97 billion mobile social media users
were there equaling 27% of global penetration in Asia Pacific region.
Machine to Machine Connections Market: Competitive Background
Major players operating in the global machine to machine connection market include AT&T
Inc., Cisco Systems Inc., Texas Instruments Incorporated, Huawei Technologies Co., Ltd.,
NXP Semiconductors N.V., Intel Corporation, Murata Manufacturing Co., Ltd., Gemalto
N.V., Vodafone Group PLC, U-Blox Holding AG, Commsolid GmbH, and Fanstel
Corporation.
To understand Research Methodology:
https://www.coherentmarketinsights.com/ongoing-insight/machine-to-machine-connecti
ons-market-1239
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering
action-ready syndicated research reports, custom market analysis, consulting services, and
competitive analysis through various recommendations related to emerging market trends,
technologies, and potential absolute dollar opportunity.
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Seattle, WA 98154
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Author
apeksha motghare
apeksha motghare533   documents Email
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