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Global Cellular M2M Connections and Services Market 2015-2019 - M2M connections market to grow at a CAGR of 31.77% and the global cellular M2M services market to grow at a CAGR of 28.47%DUBLIN, July 16, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/8g8m5q/global_cellular) has announced the addition of the "Global Cellular M2M Connections and Services Market 2015-2019" report to their offering.  The global cellular M2M connections market to grow at a CAGR of 31.77% and the global cellular M2M services market to grow at a CAGR of 28.47% over the period 2014-2019. M2M technology enables the communication of data and information between electronic devices. In cellular M2M connections, CDMA, 2G, 3G, and 4G/LTE networks are used to establish connections between electronic devices. Cellular M2M has a wide range of applications in industries such as automotive, healthcare, retail, transport and logistics, manufacturing, energy and utilities, and consumer electronics. Cellular M2M connections and services are used for video surveillance, remote diagnostics of vehicles, fleet management, asset tracking, theft recovery, and POS. This service helps industries worldwide to enhance their operational efficiency and productivity by reducing the overall CAPEX. Currently, most MNOs are adopting M2M cloud-based platforms that help them in reducing their CAPEX and the time-to market for their product and service launches. Cloud-based platforms help these MNOs to manage, develop, and assembl their service packages. In addition, the cloud-based platforms helps telecommunication operators in marketing, selling, integrating, developing, and supporting M2M connectivity and cloud services across different business verticals such as retail and automotive. According to the report, with the increased penetration of smart devices such as smartphones and tablets, the need for cellular M2M is increasing rapidly. With the help of these devices, consumers are using many VAS. Also, telecommunication operators are playing a vital role in providing faster services to consumers by deploying advanced wireless technologies such as 3G and 4G/LTE. These wireless technologies help various enterprises in obtaining real-time information and thus help in enhancing their operations by reducing costs. In addition, the combination of cellular networks and M2M technology enables the IoT to improve the efficiency of organizations by improving the speed and accuracy of real-time information without the need for human intervention. Further, the report states that one of the challenges in the market is the integration of connected devices with cellular technologies. The following are the major end-users of the market:
Key Vendors
Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/8g8m5q/global_cellular Media Contact: Laura Wood, +353-1-481-1716, [email protected]
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