Use of Cellular M2Ms in Technological Demonstration and Communication Sector Is Expected to Drive Growth in The Cellular M2M Industry
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.
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.
Based on application, the market is segmented into asset tracking, video surveillance, point of sale (POS), and fleet management.
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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- Asset tracking
- Video surveillance
- Point of sale(POS)
- Fleet management
By Industry Vertical
- Industrial automation
- Smart cities
- Professional services
- Managed services
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
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