Market Research Report On M2M Market.

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MarketsandMarkets Presents
Global M2M Market worth 85.96 Billion by 2017

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• According to a new market research
  report, Machine to Machine (M2M) Market Global
  Forecast Analysis (2012 2017) by Hardware
  Components, Technologies Applications published
  by MarketsandMarkets (www.marketsandmarkets.com),
  the total M2M market is expected to reach 85.96
  billion by 2017 at a CAGR of 26.1 from 2012 to
  2017.
• Browse 83 tables spread through 195 pages and
  in-depth TOC on Machine to Machine (M2M) Market
  Global Forecast Analysis (2012 2017) by
  Hardware Components Sensors, Actuators, RFID,
  Memory, Processor ADC/DAC, Power Module,
  Communication Module, Technologies 2G,
  Ethernet, Power line, ZigBee, Wi-Fi
  Applications Consumer Electronics, Automotive
  Transportation, Retail, Utilities, Security
  Surveillance, Healthcare.
• http//www.marketsandmarkets.com/Market-Reports/ma
  chine-to-machine-market-732.html

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• The M2M market has been witnessing rapid growth
  in the past 2 to 3 years. This is mainly
  attributed to the rise of cloud computing
  technology and smartphones market. In addition,
  there have also been growing numbers of
  regulatory mandates in favor of M2M technology,
  which, in turn, have been driving M2M-based
  innovations for use across different
  applications. However, lack of technology
  awareness and the initial high cost associated
  with the development and deployment of the
  solution are slightly hindering the market
  growth.
• Some of the key hardware components used in the
  development of M2M solution include sensors,
  actuators, RFID, memory, power module, and
  communication module. The communication module is
  observed to hold the highest share in the M2M
  market and expected to grow at the highest CAGR
  of 32.4 from 2012 to 2017. With respect to the
  technologies utilized to achieve communication,
  2G networks are widely deployed as they offer
  sufficient bandwidth and extend support to a
  variety of low-cost embedded data networking
  modules. While this technology holds the highest
  share of 35.5 as of 2011, ZigBee is expected to
  grow at the highest CAGR of 33.8 from 2012 to
  2017.

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• This was mainly attributed to its benefits such
  as low power consumption, low cost, and fast
  connection time for end devices. Amongst the
  different application sectors that utilize
  M2M-based solutions, consumer electronics sector
  provides the most potential opportunities
  followed by automotive and transportation. With
  rise in government regulations to ensure the
  safety and security of the inmates of vehicles,
  automotives and transportation sector is expected
  to grow at the highest CAGR of 33.5 from 2012 to
  2017.
• The concept of partnerships amongst embedded
  device manufacturers, solution providers, and M2M
  network operators has emerged as a global
  ecosystem in the M2M market. This, in turn, is
  expected to leverage their sales and marketing
  channels. The M2M market space is observed to
  provide low marketing cost and longer life
  cycles. Mobile network operators (MNOs) are
  expected to be highly benefited by this market
  with loads of potential growth opportunities.

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• The global M2M market is expected to grow from
  21.52 billion in 2011 to 85.96 billion in 2017
  at a CAGR of 26.1 from 2012 to 2017.
  Asia-Pacific is observed to have the highest
  growth rate. This is mainly attributed to the
  growing technology awareness and rapid fall in
  availability of human labor for execution of
  critical tasks.
• In addition to market sizes and forecasts, the
  report also provides a detailed analysis of the
  market trends and factors influencing market
  growth. The report draws the competitive
  landscape of the M2M market, providing an
  in-depth comparative analysis of the
  technological and marketing strategies the key
  players are adopting in order to gain an edge
  over their competitors.

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