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Global M2M Homeland Security Market 2017-2021 - Market to Grow at a CAGR of 54.70% with ENSCO, KORE Wireless, Northrop Grumman, ORBCOMM, Seagull Maritime Security, Thales & WASS Dominating - Research and Markets

[July 11, 2017]

Global M2M Homeland Security Market 2017-2021 - Market to Grow at a CAGR of 54.70% with ENSCO, KORE Wireless, Northrop Grumman, ORBCOMM, Seagull Maritime Security, Thales & WASS Dominating - Research and Markets

Research and Markets has announced the addition of the "Global M2M Homeland Security Market 2017-2021" report to their offering.

The analysts forecast the global machine to machine (M2M) homeland security market to grow at a CAGR of 54.70% during the period 2017-2021.

Global Machine to Machine (M2M) Homeland Security Market 2017-2021, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

The growing adoption of IoT and M2M services is resulting in an increased demand for innovative M2M platforms to offer new M2M services (such as connected cars and smart homes). Also, many small players are entering the global M2M platform market as the entry barriers are low.

The rising adoption of connected devices, tablets, wearable devices, and smartphones among consumers and enterprises will favor the growth of the market. This is because these conected devices require an M2M platform for transferring data and information in real time. The devices are connected to each other via M2M modules, smart sensors, and software. The number of M2M connections across various industry verticals, such as the automotive, healthcare, and retail, has increased, as the platform helps enterprises improve their operational efficiency and revenue generation.

To calculate the market size, the report considers the revenue generated from M2M service providers, internet service providers, and analytical solution providers are also taken into consideration.

Key vendors