Lewes, DE -- (SBWIRE) -- 05/12/2015 -- Report forecast the M2M services market in the retail industry in the US to grow at a CAGR of 23.55% over the period 2015-2019.

M2M is a communication technology that allows intelligent machines to monitor and control shared information through wired and wireless communication, without any human intervention. M2M services are used in the healthcare, automotive, oil and gas, transportation, and retail industries. They are extensively used in the retail industry for real-time payments and transactions and tracking inventory levels, vending machines, ATMs, parking meters, transport management, smart cashier management, security and surveillance, and to analyze customer behavior at retail outlets. Financial institutions and banks have started using M2M technology to track remote financial transactions at retail stores.

On the basis of connections, the M2M services market in the retail industry in the US can be classified into five: POS devices, vending machines, ATMs, parking meters, and public transport ticketing devices.

According to the report, wireless technologies have evolved significantly over the years. Advances in these technologies have led to a corresponding increase in the use of M2M services in POS terminals. Many retailers in the US use M2M technology to execute secure real-time payments and transactions. Consumers also use M2M technology while making online payments through POS terminals. In addition, banks are using this technology to keep track of the financial transactions of retail outlets and ATMs. In the logistics industry, this technology is used in vending machines to track and monitor purchases made and enhance the supply chain management.

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

Key players in M2M Services Market in Retail Industry in the US 2015-2019: AT&T, Rogers Communications, Verizon Communications and Vodafone Group

Other Prominent Vendors in the market are: Apriva, Atos Worldline, Automated Merchandising Systems, Cantaloupe Systems, Coinco, Contour Networks, Crane, cStar Technologies, Cubic Transportation Systems, CyberNet, Diebold, Digi International, Duncan Solutions, Ingenico, INIT, IPS Group, Jofemar, MacKay Meters, Metric Group, Microtronic, Nayax, NCR, OptConnect, PAX Technology, Royal Vendors, Sandenvendo, Scheidt & Bachmann, Seaga, Siemens, Smarcom, Thales, USA Technologies, VendScreen, VeriFone, Vendon, Vianet, Vix, Wittern Group and Xerox Transportation Solution

Market Driver
- Use of M2M for POS payments
- For a full, detailed list, view our report

Market Challenge
- Lack of standardization
- For a full, detailed list, view our report

Market Trend
- Use of M2M for digital signage
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 70 pages, "M2M Services Market in Retail Industry in the US 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, M2M Connections Market in Retail Industry in US, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/m2m-services-market-retail-industry-us-2015-2019

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