TechNavio recognizes the following companies as the key players in the Global M2M Market: Sierra Wireless Inc., Gemalto N.V., Telit Wireless Solution Inc. and SIMCom Wireless Solutions Co. Ltd.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”M2M services are widely adopted in various industries such as Healthcare, Retail, Manufacturing, Logistics, and Energy. In the Retail industry, RFID codes are used to enable product identification and tracking. Similarly, for fleet management, location-based services help in enabling public safety and security services efficiently. In the Healthcare industry, M2M chips are used to identify the area of ailment and to track it. The Manufacturing industry is increasingly using M2M sensors as it helps track and manage the inventory. Likewise, many other industries are adopting M2M services as a means to improve their operational efficiencies. Hence, the increasing adoption of M2M services across various
industries will contribute to the growth of the market.”
According to the report, one of the main growth drivers is the falling price of M2M devices and services. As a result of the intense competition among the market vendors, the cost of M2M devices and services has declined drastically.
Further, the report states that one of the major growth inhibitors is the integrating issues posed by M2M devices. A device needs to be equipped with Transmission Control Protocol/Internet Protocol (TCP/IP) stack and application software to be able to integrate with wireless M2M devices. In addition, an M2M device node has to be combined through middleware and enterprise application software with the company™s back-end enterprise infrastructure.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Atmel Corp., AnyDATA Inc., AT&T Inc., British Telecom plc, Cinterion Wireless Modules GmbH, Cisco System Inc., Cypress Semiconductor Corp., Deutsche Telekom AG, Freescale Semiconductor Inc., Huawei Technologies Co. Ltd., iWOW Connections Pte. Ltd., Infineon Technologies AG, KPN N.V., Maestro Wireless Solutions Ltd., Novatel Wireless Inc., NTT Docomo Inc., Numerex Corp., Orange Business Services, Qualcomm Inc., Quectel Wireless Solutions Co. Ltd., Sprint Nextel Corp., STMicroelectronics N.V., Telefonica S.A., TeliaSonera AB, Texas Instruments Inc., T-Mobile International AG, and ZTE Corp.
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-m2m-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/hardware
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TechNavio Announces the Publication of its Research Report “ Global M2M Market 2012-2016
