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Machine to Machine (M2M) Connections Market

Machine to Machine (M2M) Connections Market Status And Development Trend By Types And Applications

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<strong>Machine</strong> <strong>to</strong> <strong>Machine</strong> (<strong>M2M</strong>) <strong>Connections</strong> <strong>Market</strong> Professional<br />

Survey on Major Manufacturer and Industry Size<br />

<strong>Machine</strong> <strong>to</strong> <strong>Machine</strong> (<strong>M2M</strong>) <strong>Connections</strong> <strong>Market</strong> study provides key<br />

insights about market drivers, restraints, opportunities, new product<br />

launches or approval, regional outlook, and competitive strategies<br />

adopted by the leading players.<br />

<strong>Machine</strong>-<strong>to</strong>-machine (<strong>M2M</strong>) technology refers <strong>to</strong> any technology that enables direct<br />

communication between network devices with the help of wired and wireless communication<br />

channel by exchanging information, interpreting data, and making decisions individually without<br />

human assistance.<br />

Download PDF To explore detail study @<br />

https://www.coherentmarketinsights.com/insight/request-pdf/1239<br />

<strong>Machine</strong> <strong>to</strong> machine connections are usually used in warehouse management, supply chain<br />

management, and remote moni<strong>to</strong>ring. For instance, machine <strong>to</strong> machine connections enables a<br />

retailing machine <strong>to</strong> directly communicate with the distribu<strong>to</strong>r regarding any particular product<br />

s<strong>to</strong>ck whenever it is running low by sending him a message. Hence, it is very important for<br />

warehouse and retail sec<strong>to</strong>r. Moreover, it and be utilized for traffic control, telemedicine, and<br />

fleet management.


Major fac<strong>to</strong>rs driving the growth of machine <strong>to</strong> machine market connections is increasing<br />

penetration of internet. Moreover, advancement in technologies and increasing adoption of 2G,<br />

3G, and 4G Long-Term Evolution (LTE) cellular networks are favorable for global <strong>M2M</strong> market<br />

growth. For instance, according <strong>to</strong> Internet World Stats, in June 2017, <strong>to</strong>tal internet users count<br />

was around 3.89 billion, which is about 51.7% of the global population. Furthermore, substantial<br />

penetration of short range wireless technologies, which includes Blue<strong>to</strong>oth, Wi-Fi, and ZigBee<br />

are further expanding the role of machine <strong>to</strong> machine connections globally. These wireless<br />

connectivity technologies enables real time communication. They have applications in<br />

healthcare for patient moni<strong>to</strong>ring devices, car infotainment systems, and smart appliances.<br />

Mobile, other connected devices including wearables, and social media are key fac<strong>to</strong>rs<br />

responsible for the evolution of machine <strong>to</strong> machine connections and have also accelerated<br />

overall growth of the market. These enables a new way of real time communication in cost<br />

effective way. For instance, according <strong>to</strong> Coherent <strong>Market</strong> Insights’ analysis, in 2016, over 68%<br />

of global population was already using mobile phones and the count of <strong>M2M</strong> connections were<br />

around 192 million in 2014 as compared <strong>to</strong> over 70 million in 2010. <strong>Machine</strong> <strong>to</strong> machine<br />

connections transmit data between mobile devices and the cellular network.<br />

Browse More About the <strong>Market</strong> Study @<br />

https://www.coherentmarketinsights.com/ongoing-insight/machine-<strong>to</strong>-machine-connections-market-1239<br />

However, lack of standardization in connectivity pro<strong>to</strong>cols is the major restraining fac<strong>to</strong>r for the<br />

growth of the <strong>M2M</strong> connections market.<br />

<strong>Machine</strong> <strong>to</strong> <strong>Machine</strong> <strong>Connections</strong> <strong>Market</strong>: Regional Insights<br />

The global machine <strong>to</strong> machine connections market is segmented on the basis of regions in<strong>to</strong><br />

North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The market for<br />

machine <strong>to</strong> machine connection in Asia Pacific region accounted for largest share of the global<br />

machine <strong>to</strong> machine connections market in 2016. This growth is attributed <strong>to</strong> explosion of smart<br />

devices. China manufactures inexpensive sensors, which are responsible for increased<br />

penetration of smart devices such as wearable devices and smart home appliances. These smart<br />

devices collects data and zap is wirelessly connected <strong>to</strong> the internet, owing <strong>to</strong> increased number<br />

of smartphones utilization, which is propelling the demand for regional machine <strong>to</strong> machine<br />

connections. According <strong>to</strong> the State of Social Media and Messaging in Asia Pacific: Trends and<br />

Statistics published by RVC, a state fund of funds and the development institute of the Russian<br />

Federation, in 2016, around 3.42 billion internet users were representing around 46% of global


population, 2.31 billion social media users were there delivering 31% of global penetration, and<br />

1.97 billion mobile social media users were there equaling 27% of global penetration in Asia<br />

Pacific region.<br />

<strong>Machine</strong> <strong>to</strong> <strong>Machine</strong> <strong>Connections</strong> <strong>Market</strong>: Competitive Background<br />

Major players operating in the global machine <strong>to</strong> machine connection market include AT&T Inc.,<br />

Cisco Systems Inc., Texas Instruments Incorporated, Huawei Technologies Co., Ltd., NXP<br />

Semiconduc<strong>to</strong>rs N.V., Intel Corporation, Murata Manufacturing Co., Ltd., Gemal<strong>to</strong> N.V.,<br />

Vodafone Group PLC, U-Blox Holding AG, Commsolid GmbH, and Fanstel Corporation.<br />

About Coherent <strong>Market</strong> Insights:<br />

Coherent <strong>Market</strong> Insights is a prominent market research and consulting firm offering actionready<br />

syndicated research reports, cus<strong>to</strong>m market analysis, consulting services, and competitive<br />

analysis through various recommendations related <strong>to</strong> emerging market trends, technologies,<br />

and potential absolute dollar opportunity.<br />

Contact Us:<br />

Mr. Shah<br />

Coherent <strong>Market</strong> Insights<br />

1001 4th Ave,<br />

#3200<br />

Seattle, WA 98154<br />

Tel: +1-206-701-6702<br />

Email: sales@coherentmarketinsights.com

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