Cellular M2M technology is a substantial part of IoT (Internet of things) and helps various sectors such as government and businesses to improve IT efficiency and provides greater flexibility.
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Cellular M2M Market refers to the technology which enables machines to interconnect and communicate over a cellular network. It helps providing real time data monitoring and also keeps a track of safety and security of data and the connected devices.
Based on application, the market is segmented into asset tracking, video surveillance, point of sale (POS), and fleet management.
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Based on industry vertical the market is segmented into industrial automation, healthcare, defense, logistics, smart cities, and others. Based on services, the market is segmented into professional and managed services.
Geographical breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
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Rise in number of connected devices and increasing number of terminals
Increasing in government regulations
Increasing demand of wireless connectivity
High cost of developing and operating cellular M2M applications
The top players in the global cellular M2M market includes AT&T, Deutsche Telekom, Verizon Communications, HP, Ericsson, Huawei, Cisco Systems, Inc., Vodafone Group plc., China Telecom and Sprint.
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