Navigation Links
Machine to Machine (M2M) Market Worth $85.96 Billion by 2017 - New Report by MarketsandMarkets
Date:9/14/2013

(PRWEB) September 14, 2013

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/Market-Reports/machine-to-machine-market-732.html

Early buyers will receive 10% customization on this report.

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. 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.

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.

In addition to market sizes and forecasts, the report also provides a detailed analysis of the market trends and factors influencing market growth. The report draws the competitive landscape of the M2M market, providing an in-depth comparative analysis of the technological and marketing strategies the key players are adopting in order to gain an edge over their competitors.

Browse Related Reports
Power Line Communication (Plc) Systems Market (By Technologies - Narrowband & Broadband, Applications-Smart Grid, In-Door Networking, Long Haul & M2m, Verticals-Industrial, Residential & Commercial & Geography)-Global Assessment & Forecast-(2013-2018)
http://www.marketsandmarkets.com/Market-Reports/power-line-communication-plc-market-912.html

Internet of Things (IoT) & Machine-To-Machine (M2M) Communication Market - Advanced Technologies, Future Cities & Adoption Trends, Roadmaps & Worldwide Forecasts (2012 - 2017)
http://www.marketsandmarkets.com/Market-Reports/internet-of-things-market-573.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, healthcare IT, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

Read the full story at http://www.prweb.com/releases/machine-to-machine-market/09/prweb11116906.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. CPAP Machine Changed My Life
2. Sprout Healthy Vending Lands More Machines in the Lone Star State
3. Medical Tourism: Uncharted Territory for Patients James Goldberg, Author of the American Medical Money Machine, Is Offering a New Consulting Service to Medical Patients Considering “Medical Tourism” Treatment
4. Daimer Debuts Carpet Cleaners For Car Dealerships Seeking Interior Auto Detailing Steam Cleaner Machines Featuring Higher Power and A Larger Water Capacity
5. Inside a machine for turning coffee into science
6. Octane Fitness Elliptical Machines Rank on Top in The February Issue of Consumer Reports.
7. New details on the molecular machinery of cancer
8. Sports Art Fitness Elliptical Machines Reviewed By TopConsumerReviews.com
9. Best Elliptical Machines Announced by TopConsumerReviews.com.
10. Top Elliptical Machines in Arizona named by TopConsumerReviews.com
11. Soma Medical Parts Announces the Release of Replacement Bellows for Anesthesia Machines
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... N.J. (PRWEB) , ... June 27, 2016 , ... Quality ... sources, yet in many ways they remain in the eye of the beholder, according ... (EBO), a publication of The American Journal of Managed Care. For the full issue, ...
(Date:6/26/2016)... , ... June 26, 2016 , ... PawPaws brand ... new product that was developed to enhance the health of felines. The formula is ... The two main herbs in the PawPaws Cat Kidney Support Supplement Soft ...
(Date:6/25/2016)... ... 25, 2016 , ... Experts from the American Institutes for ... Meeting June 26-28, 2016, at the Hynes Convention Center in Boston. , AIR ... care planning, healthcare costs and patient and family engagement. , AIR researchers will ...
(Date:6/25/2016)... , ... June 25, 2016 , ... "With 30 hand-drawn ... specific project," said Christina Austin - CEO of Pixel Film Studios. , ProHand ... all within Final Cut Pro X . Simply select a ProHand generator and ...
(Date:6/25/2016)... ... June 25, 2016 , ... Dr. ... from injury. Recently, he has implemented orthobiologic procedures as a method for treating ... one of the first doctors to perform the treatment. Orthobiologics are substances that ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016  MedSource announced today ... its e-clinical software solution of choice.  This latest ... possible value to their clients by offering a ... preferred relationship establishes nowEDC as the EDC platform ... MedSource,s full-service clients.  "nowEDC has long been a ...
(Date:6/23/2016)... 2016 Any dentist who has made an implant ... process. Many of them do not even offer this as ... high laboratory costs involved. And those who ARE able to ... a high cost that the majority of today,s patients would ... Parsa Zadeh , founder of Dental Evolutions Inc. and inventor ...
(Date:6/23/2016)... Ill. , June 23, 2016  In a startling report ... are failing their residents by lacking a comprehensive, proven plan to ... a definitive ranking of how states are tackling the worst ... to only four states – Kentucky , ... Vermont . Of the 28 failing states, three ...
Breaking Medicine Technology: