M2M Platform Market Scope
Machine-to-machine (M2M) platform normally consists of integrated and managed IT infrastructure, system & software, network connectivity, among others. Of late, M2M and IoT are the fastest-growing are of connectivity with devices are currently surpassing humans in numbers. For instance, from cars to vending machines, security systems to health care, it seems everything is connected these days. Moreover, a communications service provider (CSP) competing in this space requires an M2M or IoT platform that provides real-time billing, SIM provisioning and multi-IMSI profile management.
The M2M Platform market study is segmented by Type (GSM, GPRS, UMTS and Others), by Application (Energy Sector, Medical & healthcare, Automotive & transportation, Retail (supply chain), Agriculture and Military & defence) and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global M2M Platform market throughout the predicted period.
Gemalto (Netherland), Jasper Technologies (United States), Sierra Wireless (Canada), Telit Wireless Solutions (Italy), Xively (United States), Amdocs (United States), Digi International (United States), Kore Wireless (United States), PTC (United States), Aeris (United States), Bosch Software Innovations (Germany) and Comarch (Poland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Verizon Enterprise (United States) and Vodafone Limited (United Kingdom).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global M2M Platform market by Type, Application and Region.
On the basis of geography, the market of M2M Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
California Consumer Privacy Act (CCPA) is passing a law for the protection of data in the United States which will be effective by January 2020. It is expected to be the country’s highest commendable security and privacy law. Also, SEC is taking risk prohibiting steps to overcome breaches in financial sectors specific to public listed companies to increase risk assurance. European Union laws (GDPR) is taking important measures to protect data privacy and is expected to impact ~4% of global annual sales.
Market Trend
- The Growth of the Internet of Things (IoT)
Market Drivers
- Increasing Need for Real-Time Monitoring Information in Connected Logistics and Supply Chain Management
Opportunities
- Increase in the demand for M2M services in Automotive Industry
- The Growth in Adoption of Services in Retail Industry
Restraints
- Lack of Infrastructure to Support the Service and Data Rates
Challenges
- Issues Related to Data Privacy & Security
- Complexity in Application Development and Increasing Delivery Cost
Key Target Audience
M2M Platform Providers, Telecommunication Companies, M2M Service Providers, Software Companies, Technology providers, End Users and Others
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase