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Expanding Applications and Government Support Drives the Global Cellular Machine-to-Machine (M2M) Market, According to New Report by Global Industry Analysts, Inc.San Jose, California, Aug 07, 2012 (PRWeb.com via COMTEX) -- Follow us on LinkedIn - With the introduction of advanced network technologies, traditional mobile networks, which have been for long predominantly used for voice communications by enabling mobile phone users to make/receive phone calls, have been transformed into an intriguing communications medium, capable of supporting even non-voice data traffic generated by mobile phones, such as text/media messaging, GPS Navigation, real-time multimedia and a host of web-based applications and services. Most importantly, the new mobile networks have taken mobile communications beyond human beings, and are now increasingly facilitating industries and organizations in establishing communications even between the machines or devices they frequently use, thus allowing for machine to machine (M2M) communication. Cellular communications network is already being leveraged to transport data from one connected machine to another in order to affect a change, be it for flipping switches or raising an alarm. The network is also being used to establish communication between a machine and the business information center, which controls the operations of these machines. Use of cellular networks for M2M communications is especially prominent when machines in question are mobile, such as cars, trucks or any other mobile device. For instance, cellular M2M is increasingly being used by fleet managers to track and trace their connected commercial vehicles over mobile networks. Poised to benefit from increasing use of cellular networks for M2M communications is the market for the cellular M2M modules, which are increasingly being integrated with machines in order to make them transmit data and support automated machine operation. Given the expanding mobile network coverage, growing focus of telecom operators on data services, growing usage of telemetry and telematics, and evolving technical advances in M2M markets, cellular M2M network modules are increasingly being applied within M2M applications. Thanks to key benefits that they offer in M2M applications, including bringing the much required mobility and global connectivity to M2M communication, providing instant activation, and enabling interconnectivity with the world wide web (www), cellular communication modules come as most appropriate technology for deployment of intelligent and next-generation intelligent network connectivity, thereby finding increased demand. Although still in a nascent stage, the cellular machine-to-machine (M2M) module market is expected to grow at a rapid pace over the next few years, primarily driven by expanding applications of Cellular M2M communications in a range of industry segments. While fleet management and remote monitoring & control of industrial and agricultural machinery continue to be the leading end-use application areas for cellular M2M modules, growth in the market over the next few years will be primarily driven by growing adoption of cellular M2M communication in security, electronic payments and automotive applications. The accelerated transition from wired communications solutions to wireless communication solutions in these industry segments is significantly contributing to the adoption of cellular M2M communications and subsequently for cellular M2M modules. Technology advancements in cellular M2M modules at the end-user application front further opens up new possibilities and applications for the technology, thereby driving the market prospects further. For instance, introduction of mobile automatic meter reading devices are increasing the use of cellular M2M network modules for smart metering application among electronic utilities. Similarly, use of mobile devices for patient tracking and remote health monitoring is helping cellular M2M modules find demand in the healthcare sector. Deployment of cellular M2M modules for building automation is also expected to increase over the next few years, thereby adding to the overall market. The cellular M2M modules market is gaining significant traction from Government support in promoting use of advanced wireless solutions in key industry segments, and adoption of M2M communications in state-sponsored projects. For instance, Government intervention and regulatory guidelines, which mandate use of telematics systems for new-age automobiles, both in the consumer market and for commercial fleet management sectors, is driving demand for cellular M2M modules to be integrated within these systems. Government efforts in creating awareness about benefits of using such advanced wireless solutions for vehicle/driver safety, security and accident response, are also helping increase the adoption of telematics systems, thus generating orders for cellular M2M modules in the automotive sector. Government policies supporting the use of in-vehicle intelligent transportation system is also helping drive demand for cellular M2M modules in the automotive and transportation sector. For instance, the Japanese government's policy to promote intelligent transport systems has led to increased adoption of in-vehicle vehicle information and communication systems (VICS), thus driving up demand for necessary cellular M2M modules. Government energy projects for automatic meter reading and smart grid such as US NIST's Smart Grid Interoperability Standards project, and Europe's smart metering regulation and legislation, are also contributing significantly to growth of cellular M2M modules in the energy sector. Government policies for reducing utility services consumption, focusing on energy conservation and environment protection is especially lending traction to use of smart metering solutions, thus driving up demand for cellular M2M modules. Meanwhile government healthcare projects such as US state and federal telehealth/telemedicine project are significantly driving adoption of cellular M2M modules for remote wireless patient monitoring and medication solutions. As stated by the new market research report on Cellular Machine-to-Machine (M2M), Europe represents the largest regional market for Cellular M2M modules, accounting for a majority share in both global market revenue and volume sales. Asia-Pacific represents the fastest growing regional market with annual revenue and volume sales from the region waxing at a CAGR of about 22.3% and 33.5%, respectively, over the analysis period. By end-use, Fleet Management is the largest end-use application segment for Cellular M2M modules. Security market represents the fastest growing end-use segment for cellular M2M modules, by value, with annual revenue from the segment waxing at a CAGR of about 25% over the analysis period. Major players in the global marketplace include Cinterion Wireless Modules GmbH, Huawei Technologies Co., Ltd., iWOW Connections Pte., Ltd., Neoway Technology, Novatel Wireless, Inc., Quectel Wireless Solutions Co., Ltd., Sagemcom, Sierra Wireless, Inc., SIMCom Wireless Solution Co., Ltd., Telit Communications PLC, u-blox AG, and ZTE Corporation, among others. The research report titled "Cellular Machine-to-Machine (M2M): A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections for Cellular M2M modules both in revenue (in US$ million) and volume sales (in thousand units) for major geographic markets including the US, Canada, Japan, Europe, Asia-Pacific and Rest of World. Key end-use segments analyzed include Fleet Management, Remote Monitoring and Control, Security, Electronic Payment Systems, Automotive and Others. For more details about this comprehensive market research report, please visit - http://www.strategyr.com/Cellular_Machine_to_Machine_M2M_Market_Report.asp About Global Industry Analysts, Inc. Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms. Follow us on LinkedIn Global Industry Analysts, Inc. Telephone: 408-528-9966 Fax: 408-528-9977 Email: press(at)StrategyR(dot)com Web Site: http://www.StrategyR.com/ ### Read the full story at http://www.prweb.com/releases/cellular_M2M_modules/machine_to_machine/prweb9775708.htm PRWeb.com |