Global M2M Services Market to grow at a CAGR of 24.27% over the period 2014-2019.

Deerfield Beach, FL -- (SBWire) -- 09/09/2015 --Global M2M Services Market to grow at a CAGR of 24.27% over the period 2014-2019. M2M is a technology that enables communication through wired and wireless technology. The exchange of information takes place between machines and devices or sensors. It is used in various industries such as Healthcare, Automotive, Oil and Gas, Transportation, Public Safety, and Retail for improving operational functioning, enhancing productivity, and reducing costs. It is widely used in connected health, connected car, smart metering, fleet tracking, intelligent buildings, and POS terminals. It is used to monitor the condition of patients in real time, manage machines from a remote location, and can easily identify critical situations.

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Covered in this Report

The Global M2M Services market can be segmented on the basis of technology, verticals, and geography. On the basis of technology, the Global M2M Services market can be classified into three major segments based on technology: Cellular, Fixed, and Satellite. On the basis of verticals, the market is segmented into six major segments: Consumer Electronics, Automotive, Healthcare, Energy and Utilities, Transport and Logistics, Manufacturing, and Others. The Others segment includes verticals such as consumer goods, financial services, public services, security, and retail.

Global M2M Services Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the Global M2M Services market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

APAC
Central and East Europe
Latin America
MEA
North America
Western Europe

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Key Vendors

AT&T
China Mobile
China Telecom
Deutsche Telekom
EE
KDDI
KT

Other Prominent Vendors

Amdocs
Comarch
Ericsson
Gemalto
Huawei
Jasper Wireless
Novatel Wireless
Orange Business Services
Red Bend
Sierra Wireless
SIMcom
Sprint
Swisscom
Telecom Italia
Telefonica
Telenor
TeliaSonera
Telit
T-Mobile US
Turkcell
u-blox
Verizon Communications
Vodafone Group
Wipro
ZTE

Market Driver

Increasing Use of M2M in Automotive Industry
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Market Challenge

Lack of Standardization
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Market Trend

Increased Use of M2M in Supply Chain Management
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