GLOBAL MACHINE TO MACHINE (M2M) MARKET
CONTENT •
Executive Summary
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Market Overview
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Hardware Component Market
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Technologies Market
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Application Sector Market
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Geographic Analysis
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Competitive Landscape
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Global Players
EXECUTIVE SUMMARY •
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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. In order to achieve appropriate growth along with profitability, companies need to work with local M2M network provider. This is expected to help companies to address the needs of the customers more effectively, thereby adding to their competitive advantage. M2M technology is considered to be one of the significant revenue generating solutions for a variety of service providers present along the M2M value chain. It is considered to be a growth market since the companies face growing cost pressure as well as regulatory requirements to enable better functioning of their business.
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