Machine to Machine Market Global Forecast & Analysis (2012 – 2017) by Hardware Components, Technologies & Applications

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• 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 (www.marketsandmarkets.com),
  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, Power line, ZigBee, Wi-Fi
  Applications Consumer Electronics, Automotive
  Transportation, Retail, Utilities, Security
  Surveillance, Healthcare.
• http//www.marketsandmarkets.com/Market-Reports/ma
  chine-to-machine-market-732.html

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• The Machine to Machine (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 smart phones market. In
  addition, there have also been growing numbers of
  regulatory mandates in favor of Machine to
  Machine technology, which, in turn, have been
  driving Machine to Machine-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 Machine to Machine solution
  include sensors, actuators, RFID, memory, power
  module, and communication module. The
  communication module is observed to hold the
  highest share in the Machine to Machine 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.

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• 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
  Machine to Machine 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 Machine to Machine 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.

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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.
  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.

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