Machine-to-machine (M2M) services are communication between machine to machine using communication networks without any manual interference. This communication is performed over both wired and wireless network. Main function of machine-to-machine (M2M) is to fetch sensors data and transmit it to network where network devices interpret data efficiently which helps in effortless decision making.
Rapid technological advancements in the field of machine communication, and substantial growth in adoption of IoT in the developed countries as well as developing economies are the key drivers of machine-to-machine (M2M) services market. The major factor inhibiting the market growth for Machine-to-Machine (M2M) services is the lack of standardization of technologically enhanced connectivity protocols. Internet usage enables machine to machine communication quicker and easier with less power consumption, increasing demand of connected devices to create opportunities for Machine-to-Machine (M2M) services market.
The "Global Machine-to-machine (M2M) Services Market Analysis to 2027" is a specialized and in-depth study of the Machine-to-machine (M2M) services industry with a focus on the global market trend. The report aims to provide an overview of global Machine-to-Machine (M2M) Services market with detailed market segmentation by technology, end users and geography. The global Machine-to-Machine (M2M) services market is expected to witness prime growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global machine-to-machine (M2M) services market based on by technology and end users. It also provides market size and forecast till 2027 for overall machine-to-machine (M2M) services market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 19 counties globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key machine-to-machine (M2M) services market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are AT&T Intellectual Property, Vodafone Group, Verizon, IBM, Aeris, Cisco Systems, Rogers Communications, Huawei Technologies Co., Ltd., Gemalto NV and Deutsche Telekom AG among others.