TechNavio recognizes the following companies as the key players in the Global Cellular M2M Market in the Retail Industry: China Mobile Ltd., AT and T Inc., Vodafone Group plc, and Verizon Communications Ltd.
Commenting on the report, an analyst from TechNavio’s Telecom team said: ”Service vendors in the Global Cellular M2M market in the Retail industry are integrating latest technologies to encourage the adoption of cellular M2M technologies among customers. To boost the adoption of these technologies, vendors are providing Wi-Fi and WiMAX services that enhance the performance of cellular M2M devices. Moreover, WiMAX technology is easy to access and also enables vertical integration. In addition, the adoption of 3G and 4G technologies leads to enhanced performance of cellular M2M devices as they become faster and more efficient. Therefore, these technological advancements are expected to increase the demand for cellular M2M services in the Global Cellular M2M market in the Retail industry.”
According to the report, the use of mobile devices such as smartphones, tablets, and PDAs is increasing significantly across the globe. Cellular M2M can facilitate these devices with advanced information sharing through advance modules, smart sensors, and software. The adoption of cellular M2M services enables easier management of resources and the environment as a whole. Hence, the increasing adoption of mobile devices will increase the demand for cellular M2M services.
Further, the report states that one of the key challenges is the need for high capital investment. Cellular M2M technology requires a well-established infrastructure to deploy its services, which entails high initial investments. However, the lack of infrastructure is currently restricting the retail vendors from implementing cellular M2M terminals, therefore, affecting the growth of the Global Cellular M2M market in the Retail industry.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are China Telecom Corp. Ltd., Deutsche Telekom AG, KPN N.V., Orange S.A., Sprint Nextel Corp., Telefonica S.A., Telenor Group, and T-Mobile International AG.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-cellular-m2m-market-retail-indus…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Telecom market research, please visit https://www.technavio.com/telecom
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TechNavio Announces the Publication of its Research Report – Global Cellular M2M Market in the Retail Industry 2012-2016
