Albany – NY, Oct. 21, 2015 (GLOBE NEWSWIRE) — 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.
Technavio analysts forecast the cellular M2M connections in the US to grow at a CAGR of 26.13% during 2015-2019; while the cellular M2M services in the country to grow at a CAGR of 25.55% in the forecast period.
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The Technavio report, namely Cellular M2M Connections in the US 2015-2019, is based on an in-depth market analysis, with inputs from industry experts. It also covers the market landscape in the US and its growth prospects in the coming years. The report includes the key vendors operating in the market.
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Key Vendors
- AT&T
- Gemalto
- Sprint
- Verizon Communications
- Sierra Wireless
- Telit Wireless Solutions
- T-Mobile US
- Emerging Vendors
- Amdocs
- Digi International
- Ericsson
- Kore Wireless Group
- PTC
- Silver Spring Networks
Market Driver
High Adoption of Cellular M2M
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Market Challenge
Lack of Integration in M2M Devices
For a full and detailed list, view our report
Market Trend
Adoption of M2M Cloud-based Platform
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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?
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