Industry Background:
The managed M2M service refer as the service market which enables connectivity, compute and decision services which are necessary for connected solutions. Managed M2M services is defined as a solution element within the broader solution sets of IoT, digital business and operational technology (OT) systems in industrial environments. This service enable businesses to collect, analyze the data streams, which provides businesses with the ability to monitor, manage and control assets associated with business processes. Managed M2M services normally encompass integrated and managed IT infrastructure and systems, software, network services (connectivity), OT infrastructure and systems, and IT services
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Aeris (United States), AT&T (United States), Arkessa (England), Deutsche Telekom AG (Germany), Digicel (Jamaica), KORE Wireless Group (United States), Eseye Limited (England), Orange Business Services (France) and ORBCOMM (United States) |
This growth is primarily driven by Rapid growth in appliances like smartphone, tablet, sensors and their applications and In automotive there is growing automation and adoption of M2M services.
Globally, a noticeable market trend is evident Rise in adoption of Smart City Model
The IT Consulting & Other Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Aeris (United States), AT&T (United States), Arkessa (England), Deutsche Telekom AG (Germany), Digicel (Jamaica), KORE Wireless Group (United States), Eseye Limited (England), Orange Business Services (France) and ORBCOMM (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
Aeris, a preferred Internet of Things (IoT) technology partner for the enterprise, and Altizon, a global industrial IIoT (Industrial IoT) platform company announced a strategic partnership integrating Altizon’s industry leading machine learning and IoT Edge technologies and Aeris’ IoT Services platform
Aeris, a preferred Internet of Things (IoT) technology partner for enterprises in India, said it has formed a strategic partnership with BT&BT, a leading digital business consulting firm, and launched a joint go-to-market IoT solution for enterprises in India
Influencing Trend:
Rise in adoption of Smart City Model and Increase in the demand of M2M services in Automotive Industry
Market Growth Drivers:
Rapid growth in appliances like smartphone, tablet, sensors and their applications and In automotive there is growing automation and adoption of M2M services
Challenges:
Complexity in application development, Increased in delivery cost and Limited Scalability
Restraints:
Due to introduction of new devices with relate to M2M services, the type of attack that end users experienced get changes, Issues related to the privacy & Security and Depletion in standardisation
Opportunities:
Rising adoption in Internet of Things, Rapid increase in the telecom networks and Adoption of services in retail industry
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Managed M2M Services Market
- Analysis about New Entrants in Managed M2M Services Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Managed M2M Services Study Sheds Light on
The Managed M2M Services Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Managed M2M Services industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Managed M2M Services industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.