Global Machine to Machine (M2M) Market worth $85.96 Billion by 2017 - PowerPoint PPT Presentation

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

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The global Machine to Machine 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. – PowerPoint PPT presentation

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Title: Global Machine to Machine (M2M) Market worth $85.96 Billion by 2017


1
MarketsandMarkets Presents
Sports Medicine Devices Market is expected to
reach 5.7 billion by 2017

2
  • 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.

4
  • 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.

5
  • 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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8
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