Navigation Links
Machine to Machine (M2M) Market Worth $85.96 Billion by 2017 - New Report by MarketsandMarkets

(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]”.

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)

Internet of Things (IoT) & Machine-To-Machine (M2M) Communication Market - Advanced Technologies, Future Cities & Adoption Trends, Roadmaps & Worldwide Forecasts (2012 - 2017)

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.

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 @
Connect with us on LinkedIn @

Read the full story at

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
9. Best Elliptical Machines Announced by
10. Top Elliptical Machines in Arizona named by
11. Soma Medical Parts Announces the Release of Replacement Bellows for Anesthesia Machines
Post Your Comments:
(Date:10/13/2017)... ... ... Apple Rehab Shelton Lakes , which specializes in the delivery of sub-acute ... of a disaster drill on October 3rd. , Apple Rehab participated with the Shelton ... well as the Connecticut Long Term Care Mutual Aid Plan (LTC-MAP). The LTC-MAP ...
(Date:10/13/2017)... ... October 13, 2017 , ... Yisrayl Hawkins, Pastor and ... explains one of the most popular and least understood books in the Holy Scriptures, ... puzzling descriptions that have baffled scholars for centuries. Many have tossed it off as ...
(Date:10/12/2017)... Del. (PRWEB) , ... October 12, 2017 , ... ... and advisory services for healthcare compliance program management, will showcase a range of ... National Association for Assisted Living (NCAL) Convention and Expo to be held October ...
(Date:10/12/2017)... ... October 12, 2017 , ... The American College of ... Carol Friedman, PhD, FACMI, during the Opening Session of AMIA’s Annual Symposium in Washington, ... In honor of Morris F. Collen, a pioneer in the field of medical informatics, ...
(Date:10/12/2017)... ... , ... Leading pediatric oncology experts at Children’s National Health System ... of the International Society of Paediatric Oncology (SIOP) Oct. 12-15. Chaired by ... Blood Disorders at Children’s National, and Stephen P. Hunger, M.D., Chief of the ...
Breaking Medicine News(10 mins):
(Date:9/25/2017)... 25, 2017   Montrium , an industry ... today—from the IQPC Trial Master Files & Inspection ... that EastHORN Clinical Services has selected eTMF ... TMF management. EastHORN, a leading European contract research ... increase transparency to enable greater collaboration with sponsors, ...
(Date:9/19/2017)... Sept. 19, 2017 HistoSonics, Inc., a venture-backed medical device company developing a non-invasive, ... tissues, announced three leadership team developments today:   ... ... ... Veteran medical device executive Josh Stopek , PhD, ...
(Date:9/12/2017)... NEW YORK , Sept. 12, 2017   EcoVadis , the ... chains, has published the first annual edition of its Global CSR Risk ... 20,400 companies evaluated by EcoVadis, based on Scorecard Ratings that analyzed nearly ... ... Performance Index ...
Breaking Medicine Technology: