Global Machine to Machine Market worth $85.96 Billion by 2017 - PowerPoint PPT Presentation

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Global Machine to Machine Market worth $85.96 Billion by 2017


New report of MarketsandMarkets predicts that the global machine to machine expected to reach $85.96 billion at a CAGR of 26.1% by the end of the year 2017. Asia Pacific Region observed to have highest growth rate during this tenure. – PowerPoint PPT presentation

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Title: Global Machine to Machine Market worth $85.96 Billion by 2017

MarketsandMarkets Presents
Global Machine to Machine (M2M) Market worth
85.96 Billion by 2017

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. http//

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
  • 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.

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