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Internet of Things (IoT) & Machine-To-Machine (M2M) Communications Market to Reach $290.0 Billion by 2017 at a CAGR of 30.1%- New Report by MarketsandMarkets
Date:7/26/2013

o-way network connectivity. It is important that the architectural design for the IoT supports efficient two-way caching and data synchronization techniques, as well as network-connected endpoints for virtual representations for the connected devices and things/objects, which can be used for monitoring their location, state and condition, as well as sending requirements and directions to them.

The IoT & M2M communication is expected to grow from $44.0 billion in 2011 to $290.0 billion by 2017, at an estimated CAGR of 30.1% from 2012 to 2017. Companies such as Alcatel-Lucent S.A. (France), AT&T, Inc. (U.S.), Cisco Systems, Inc. (U.S), Intel Corporation (U.S.), IBM Corporation (U.S), Huawei (China), and Gemalto NV (Netherlands) are key market players.

The report provides in-depth analysis of various industry verticals such as public safety & urban security, retail, healthcare, energy & power, transportation, telcom & IT, consumer & residential, industrial & commercial Buildings, manufacturing, and others. Also describes the emerging trends in IoT & M2M communication market across geographies.

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