Tuesday, 8 March 2016

The Wireless M2M Bible Market Size, Share, Analysis And Forecasts To 2018

M2M (Machine-to-Machine) technology facilitates communication of data between machines without human intervention. Wireless M2M is fast gaining recognition owing to diverse applications like location tracking, remote monitoring, process automation, etc. across various industry verticals. 

Many mobile operators are shifting focus from the saturated traditional markets of voice and data towards the evolving wireless M2M bible market. M2M connections are also rising on account of regulations in the automotive safety and energy efficiency space.  The European Union (EU) has introduced a new directive that mandates a smart meter penetration level of 80% towards the end of 2020. Also, a new rule makes inclusion of automotive safety systems (e.g. eCall) in all new vehicle models compulsory. 

Access Full Report: http://www.radiantinsights.com/research/the-wireless-m2m-bible-opportunities-challenges-strategies-industry-verticals-and-forecasts-2013-2018

The global wireless M2M bible market is projected to grow at a CAGR of 24% from 2013 to 2018. It will generate revenues worth USD 137 billion by the end of 2018. Key market trends are cloud based analytics, acquisitions, network security, and impact of LTE (Long-Term Evolution). Network security services would reach a valuation of USD 1 billion in 2018. This may be attributed to proliferation of wireless M2M solutions within the critical infrastructure industry. 

M2M software platforms such as ADP (Application Development Platform), CDP (Connected Device Platform) and AEP (Application Enablement Platform) should be worth USD 5.9 billion by 2018. This will be driven by higher need for device management, cloud-based data analytics and diagnostic tools. 

Industry verticals are divided into the following categories – logistics; utilities & smart grid; retail & vending; automotive & transportation; healthcare; public safety, security & surveillance; and others. Various geographical regions encompass North America, Eastern Europe, Western Europe, Asia Pacific, Latin and Central America, and Middle East and Africa. 

The global wireless M2M bible market is highly fragmented at present. The ecosystem comprises hardware solution providers, device platform providers, module OEMs, application platform providers, mobile network operators, and aggregators/Mobile Virtual Network Operators (MVNOs). The value chain is likely to consolidate in forthcoming years, after which there will be lesser number of bigger and profitable companies operating at the global level. 

Request Free Sample Of This Study @ http://www.radiantinsights.com/research/the-wireless-m2m-bible-opportunities-challenges-strategies-industry-verticals-and-forecasts-2013-2018#tabs-4

Notable players in the global wireless M2M bible market are 4M Wireless, Alcatel-Lucent, China Telecom, Fujitsu, IBM, and Qualcomm. Vendors focus on adopting innovative strategies and developing technologically advanced products. This has resulted in the emergence of sub-markets like M2M Network Security, M2M Application Platforms, CDPs, etc. 

About Us

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com 
Website: Radiant Insights 

No comments: