TechNavio recognizes the following companies as the key players in the Global Machine -to- Machine Communication in Intelligent Buildings Market: Verizon Wireless, AT and T Inc., Vodafone Group plc. and Orange Business Services.
Commenting on the report, an analyst from TechNavio’s Telecom team said: ”The main trend witnessed in the Global M2M Communication in Intelligent Buildings market is the increased adoption of cloud-based M2M platforms. The adoption of M2M technology leads to an increase in the number of connected devices, which results in a dramatic increase in data that needs to be stored, analyzed, and reported whenever required. Thus, service providers would require increased computing power, which can be provided by cloud-based M2M platforms. Hence, the increased adoption of cloud-based M2M platforms is expected to have a positive impact on the growth of the Global M2M Communication in Intelligent Buildings market during the forecast period.”
According to the report, one of the main drivers in this market is the growing popularity of 3G and 4G networks. 4G technology is becoming extremely popular in developed nations, because of which the deployment of 4G networks is growing at a rapid rate. Moreover, due to the high popularity of data services, service providers in the developing economies are increasingly investing in 3G networks. The development of 3G networks facilitates the usage of M2M applications such as remote information display, video surveillance, etc.
Further, the report states that one of the major challenges in this market is the need for high initial investment for M2M applications. Added to this, M2M applications function effectively only on 4G networks that are LTE and WiMAX-enabled. However, 4G networks are currently found only in very few countries. Hence, service providers need to make significant investments to upgrade their networks.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Sprint Inc., Deutsche Telecom AG, Entel Inc., SK Telecom Co. Ltd., China Unicom Ltd., China Mobile Ltd., SingTel Ltd., Telit Wireless Solutions, Telenor Group, NTT DoCoMo, Siftbank Corp., Telefonica S.A., KPN N.V., Everything Everywhere Ltd., SFR S.A., Telecom Italia Group, Telekom Austria Group, TeliaSonera AB and Turkcell Iletisim Hizmetleri A.S.
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-machine-machine-communication-in…
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/telecom
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TechNavio Announces the Publication of its Research Report – Global Machine-to-Machine Communication in Intelligent Buildings Market 2012-2016
