Lewes, DE -- (SBWire) -- 05/27/2015 --Report forecast the M2M market in China to grow at a CAGR of 26.20 percent over the period 2014-2019.
M2M is a technology that enables machines to interconnect and securely interact over a network. M2M communications help organizations achieve high revenue margins and greater flexibility with end-to-end solutions and lower energy consumption and reduce risk. They also keep track of safety and security of the connected devices and data by providing remote access, 24x7 monitoring, and automated emergency response.
M2M is becoming a popular feature in the telecom and IT landscape, as it relates to connecting remote sensing, monitoring, and actuating devices. M2M helps businesses and governments to improve IT efficiency in terms of automated BPM, ERP, and streamlining of CRM processes. In this process, no human intervention is required as data flow between devices and finally from devices to people.
According to the report, an increase in the number of connected devices is a major factor driving market growth. These devices are mostly sensors, remote monitoring devices, and aggregation devices used in M2M. This includes tablets, e-readers, and mobile broadband devices. With advances in technology and increased connectivity, the number of devices that can be connected is increasing rapidly.
This report covers the present scenario and the growth prospects of the M2M market in China for the period 2015-2019. To calculate the market size, the report considers revenue generated from the M2M managed software licenses, applications, services, support, and maintenance.
The report also includes the connections in use. It also includes the revenue generated from:
- Satellite M2M applications
- Cellular M2M applications
M2M Market in China 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key players in the M2M market in China: AT&T Inc., China Mobile Communications Corp., China Telecom Corp. Ltd. And Deutsche TeleKom AG
Other Prominent Vendors in the market are: Axeda, Bosch Software Innovations, Cisco Systems, Convergys, Ericsson, HP, Huawei, JDS Uniphase, Novatel, nPhase, NSN, Sensinode, Sierra Wireless, Tektronix and Telenor Objects
Market driver
- Increase in number of connected devices
- For a full, detailed list, view our report
Market challenge
- Lack of standardization
- For a full, detailed list, view our report
Market trend
- Increased demand for IoT in China
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 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?
Spanning over 68 pages, "Machine to Machine (M2M) Market in China 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Description, Market Landscape, Market Segmentation by Application, Market Segmentation by End-users, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/machine-machine-m2m-market-china-2015-2019
Find all Machine to Machine (M2M) Reports at: http://www.marketresearchreports.com/machine-machine-m2m
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