M2M Services Market overview, Trends and Forecast to 2025

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The global M2M services market is featured by the dominance of some of the large telecom companies that have global presence, says a recent market publication by Transparency Market Research (TMR). Some of the prominent names in the global M2M services market are AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, Aeris Communications Inc., PTC, Verizon Wireless, and Oracle.

Keen players in the market are investing heavily in research and development to acquire advanced communication technologies and are resorting to collaborations and partnerships for expanding their outreach. Key players in the market are also seen to tap into opportunities in emerging markets after the revival of the economy post the economic slump of 2008.

As per a report by TMR, the global M2M services market is likely to expand at a phenomenal 27.2% CAGR for the forecast period between 2017 and 2025. At this pace, the market is likely to attain a value of US$83,616.1 mn by the end of the forecast period in 2025 from its evaluated worth of US$9,695.1 mn in 2016.

The segments of the global M2M services market depending upon organization size are large enterprises and small and medium enterprises (SMEs). Of the two, large enterprises held the leading share in 2016 and accounted for the leading revenue contribution to the global M2M services market.

On the basis of industry vertical, consumer electronics led the market in 2016 vis-à-vis revenue. However, the manufacturing segment is expected to display the leading CAGR over the forecast period between 2017 and 2025.

Geography-wise, North America tops amongst other key regional segments in the global M2M services market. Early adoption of new technology generally and the region being home to some of the leading telecom companies are key factors for the supremacy of North America.

Improved Internet Connectivity Ramps M2M Services Demand

The key growth drivers of the global M2M services market include expanded fiber optic cable networks and improved Internet connectivity. M2M communication is carried out over mobile networks that use fiber optic cables for transfer of large amount of data. With significant improvement in Internet connectivity and connection speed over the last couple of years, M2M service providers have the capability to offer advanced and integrated telecom solutions to industrial consumers. Moreover, cloud solutions provided by M2M service providers can be used over a number of a devices and can help transfer large amount of data.

Apart from this, significant drop in operational costs involved with M2M services due to improved wireless connectivity speed are adding the growth of M2M services market.

Huge investments by telecom companies for development of fiber optic networks is also fuelling growth of M2M services market. For example, India based Reliance Industries’ telecom venture Reliance Jio involves hefty investments in fiber optic network. Launched in June 2017, fiber cable network of Reliance Jio has a total length of 25,000 kilometers that connects countries in Asia, Europe, and Africa. Another example of investment in fiber optic network is Google’s 9,000 kilometer long fiber optic cable that connects the U.S. and Japan.

Lastly, the increasing number of connected devices that transfer data using fiber optic networks is expected to boost the global M2M services market in the upcoming years.

Incidents of Cyber-attack leading to Information Theft across Connected Devices Hampers M2M Service Adoption

On the flip side, repercussions of theft of valuable data in the event of a cyber-attack are providing headwinds to the growth of global M2M services market. This is because M2M service connects multiple devices to the back-end IT infrastructure of an organization that results in hacking of information from multiple devices through a single platform.

Nevertheless, players in the market are engaged in designing secure M2M platforms and imparting knowledge among M2M service users about the safe usage of M2M communication technology.

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M2M Services Market of Cyber-attack leading to Information Theft across Connected Devices

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The M2M services market report provides analysis for the period 2015 – 2025, wherein the period from 2017 to 2025 is the forecast and 2016 is the base year. Estimations for year 2015 are provided as historical data. The report covers all the major trends and technologies playing influential role in the M2M services market’s growth over the forecast period. It also highlights the drivers, restraints, opportunities and trends expected to impact market’s growth during the said period. The study provides a comprehensive perspective of global M2M services market’s evolution throughout the above mentioned forecast period in terms of revenue (in US$ Mn). The global M2M services market has been classified into five geographical regions namely North America, Europe, Asia Pacific, Middle East & Africa and South America. Regions are further divided into three to five prominent countries/regions and market for each of prominent country/region has further segmented by organization size, by services and by industry verticals.

The market overview section of the report demonstrates the market dynamics such as the drivers, restraints, opportunities, trends that is expected to influence the current nature and future status of this market. Key indicators mentioned in the report, provide a robust view about the vital factors that led to the strong adoption of M2M services around the globe. The key indicators also provide significance of the factors which are capable of changing the market scenario. These indicators are expected to define the market position during the forecast period. An attractiveness analysis has also been provided for every segment in the report, in order to provide a thorough understanding of the overall scenario in the M2M services market. Moreover, the report provides an overview of various strategies adopted by the key players present in the market.

This report provides all the essential information required to understand the key developments in the technology used in M2M services market, growth trend of each segment and strategy of each company that help them to efficiently compete in the market. Also, the report provides insights related to trends and its impact on the market. Furthermore, Porter’s five forces analysis explains the factors which are currently affecting the M2M services market. This report also provides comparative analysis of predictive and continuous M2M services on the basis of various parameters namely, cost, application area and service integration.

Global M2M Services Market: Market Segmentation

The report segments the market on the basis of organization size, service type, industry verticals and region. By organization size, the segments defined are large enterprises, and Small and Medium Enterprises (SME’s). Service type includes three segments managed services, professional services and connectivity and data storage services. Industry vertical includes segments namely retail, manufacturing, healthcare, automotive, consumer electronics, energy and mining, transportation and logistics, oil and gas and others (education, hospitality).

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The report also highlights the competitive landscape of the global M2M services market, thereby positioning all the major players according to their presence across different regions of the world and recent key developments initiated by them in the M2M services market. The comprehensive M2M services market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting M2M services market growth.

AT&T, EE LIMITED, Deutsche Telekom AG, Sprint.com, Gemalto NV, AERIS COMMUNICATIONS, INC., PTC, Oracle, Ericsson AB and Verizon Wireless are some of the major players operating within the M2M services market profiled in this study. Details such as financials, SWOT analysis, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

M2M Services Market 2017 Segmentation, Application, Technology and Analysis Report Forecast to 2021

M2M Services Market 2017

About Machine-to-Machine M2M Services
A machine-to-machine (M2M) platform is a programmed unit in which M2M applications and services are built on. Owing to the growing adoption of the Internet of Things (IoT) and M2M services, the demand for innovative M2M platforms to enable new M2M services (such as connected cars and smart homes) is increasing. Also, many small players are entering the global M2M platform market as the entry barriers are low.

The analysts forecast the global M2M services market to grow at a CAGR of 29.37% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global M2M services market for 2017-2021. To calculate the market size, the report considers the revenue generated from the M2M services for cellular networks and satellite networks.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

 

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The report, Global M2M Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• AT&T
• EE
• Sprint
• Verizon

Other prominent vendors
• Aeris Communications
• Amdocs
• Applied Satellite Technology
• China Mobile
• Comarch
• Digi International
• Ericsson
• Gemalto
• Huawei
• Hughes Network System (EchoStar)
• Jasper Technologies
• KORE Wireless Group
• Novatel Wireless
• Nupoint Systems
• Oracle
• Orange Business Services
• PTC
• Quake Global
• Rogers Communications
• Sierra Wireless
• Tech Mahindra
• Telefonica
• Teliasonera
• Telit
• u-blox
• Wipro

Market driver
• Adoption of M2M in supply chain management
• For a full, detailed list, view our report

Market challenge
• Standardization and policy-related issues
• For a full, detailed list, view our report

Market trend
• M2M platform consolidation
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 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?

 

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Table of Contents

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology 

PART 04: Introduction
• Key market highlights

PART 05: Market landscape
• Market overview
• M2M value chain
• M2M services by technology
• Business benefits of M2M solutions
• Applications of M2M
• Popular M2M platform offerings
• Types of M2M VAS providers
• Market size and forecast

PART 06: Five forces analysis 

PART 07: Market segmentation by technology
• Global M2M services market by technology
• Cellular
• Satellite

PART 08: Market segmentation by vertical
• Global M2M services market by vertical
• Consumer electronics
• Automotive
• Healthcare
• Energy and utilities
• Transportation and logistics
• Manufacturing
• Others

PART 09: Geographical segmentation
• Global M2M services market by geography
• Americas
• EMEA
• APAC

PART 10: Market drivers
• Rising demand for improved M2M data communication
• Growing demand for connectivity
• Adoption of M2M in supply chain management
• M2M services for dynamic real-time advertising
• Increased use of POS terminals

PART 11: Impact of drivers 

PART 12: Market challenges
• Standardization and policy-related issues
• Presence of hybrid networks
• Issues of integration in security and network in connected vehicles
• Lack of in-house expertise

PART 13: Impact of drivers and challenges 

PART 14: Market trends
• M2M platform consolidation
• Rise in embedded telematics solutions
• Digital signage in M2M retail industry
• Increased use of analytics in M2M satellite business
• Growing strategic alliances in M2M market

....Continued

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