Internet of Things (IoT) and Machine-to-Machine (M2M) Communications Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Category : ICT | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC406

Introduction

Internet of Things (IoT) and Machine-to-Machine (M2M) Communication delivers a common solution i.e. remote device access. However, the difference between two technologies is the process of achieving remote devices access. For instance, the traditional M2M solutions generally depend on point-to-point communications by utilizing implanted hardware modules and either wired or cellular networks whereas, IoT solutions typically depend on IP based networks in order to interface device data to either a middleware or cloud platform. Also, in M2M communication, the requirement of Internet connection is not necessary. In contrast, IoT requires Internet connection in most cases. In terms of integration options, the M2M communication has limited integration options owing to the need of corresponding communication standards; and IoT has unlimited integration options although it requires a solution which has the capability to manage all the communications.

Market Dynamics

The global demand for IoT and M2M communications is propelling with the growing demand for wireless networks, cloud applications and sensors. These factors largely depend on enhancing connectivity as well as government support. IoT and M2M communications are resulting in escalating the connectivity between devices and objects. This is due to optimization of big data and cloud computing. These technological trends help in the backend processing and analytics needed to manage with the communication methodologies.

The adoption of IoT and M2M communications is propelled by various industry verticals owing to the advantages offered by these technologies such as identification & tracking, monitoring, business analysis, integral control, efficient process & service and early response. Also, an intelligent communication network enables the seamless integration of data & information thereby, boosting the market growth of IoT and M2M communication market. However, lack of skilled professionals, privacy & security, slowly eliminating 2G technology and government standards are few factors hampering the growth of IoT and M2M communication market.

Market Classification and Overview

The market for IoT and M2M is segmented by technology & platform, M2M connections & modules, IoT components, application and geography. The technology & platform segment is bifurcated into sensor nodes, radio frequency identification, near field communication, cloud management, supervisory control & data acquisition, information & discovery services, Zigbee and complex event processing. The M2M connections & modules is fragmented into sim-cards, network connections and module types. Further, IoT components are segmented by RFID, data processing & safety, network communications and safety, security & support technology. By application, the market for IoT and M2M communications is bifurcated into retail, public safety & urban security, energy & power, telecom & IT, industrial & commercial buildings, consumer & residential, transportation, healthcare manufacturing. Geographically, the market is segmented into Asia-Pacific, North America, Latin America, Europe and Middle East & Africa (MEA).

The market is witnessing growth owing to the rising spending on IoT worldwide. North America’s market for IoT and M2M communications is the largest share holder of the total geographical market owing to the rapid adoption of IoT in developed countries of North America and increasing technological developments in the region. The Asia-Pacific market is anticipated to grow at a faster rate in comparison to other regions in the coming years. This demand is highly influenced by the escalating technological adoption and enormous opportunities across various industry verticals in the Asia-Pacific countries particularly, Japan, India and China.

Report Coverage

Market

Global IoT and M2M Communication Market

Analysis Period

2014 – 2024

Historic Data

2014 – 2015

Base Year

2016

Forecast Data

2017 – 2024

Market Stratification

Technology & Platform, M2M Connections & Modules, IoT Components, Application, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

 

 

Market Participants

Some of the chief players in the IoT and M2M communications market are AT&T Inc., Intel Corporation, IBM Corporation, Gemalto NV, Huawei Technologies Co. Ltd., Alcatel-Lucent S.A., NXP Semiconductors NV, Google, Inc. and Qualcomm Incorporated among others.

Market Segmentation

Market by Technology & Platform

·         Sensor nodes

·         Radio frequency identification

·         Near field communication

·         Cloud management

·         Supervisory control & data acquisition

·         Information & discovery services

·         Zigbee

·         Complex event processing

Market by M2M Connections & Modules

·         Sim-cards

·         Network connections

·         Module types

Market by IoT Components

·         RFID

·         Data processing & safety

·         Network communications

·         Safety, security & support technology

Market by Application

·         Retail

·         Public safety & urban security

·         Energy & power

·         Telecom & IT

·         Industrial & commercial buildings

·         Consumer & residential

·         Transportation

·         Healthcare

·         Manufacturing

Market by Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Philippines

o   Rest of Asia-Pacific

·         Latin America

o    Brazil

o   Chile

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA


Related Reports

Software-Defined Wide Area Network (SD-WAN) Market (By Component: Solution [Physical Appliance, Virtual Appliance], Service [Training & Consulting, Integration & Maintenance, Managed Service]; By Deployment Model: On-premise, Cloud, Hybrid; By Application: IT & Telecom, BFSI, Healthcare, Retail & Consumer Goods, Government, Manufacturing) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction Wide area network (WAN) covers up huge geographical part as compared with the local area network (LAN). Public network including a telephone system is used for connectivity by WAN. Software defined WAN offers various options to organizations in order to build up their network. In the network hardware devices are controlled with the help of software-defined wide area network. SDWAN helps to exe

Mobile Data Protection Solutions and Services Market (By Platform: Platform –Windows, Android, iOS, MacOS, Blackberry, Linux; By Deployment Type: Cloud, On-Premise; By Industry Vertical: Education, Healthcare, Retail, BFSI [Banking, Financial Services and Insurance], Government, IT and Telecom, Manufacturing, Media and Entertainment, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction Mobile data protection solutions (MDP) offers information protection rules by managing encryption of the data on the main storage system in different information storage platforms, including hard drives, removable media used in coalition with workstations and smartphones. The mobile data protection solutions and services market is projected to gain thrust due to various benefits. Users can fir

Hyperspectral Imaging System Market (By Product: Cameras, Accessories; By Application: Military, Remote Sensing, Medical Diagnostics, Machine Vision & Optical Sorting, Others, Consumers, Other) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction Hyperspectral imaging (HSI) is a system that analyzes a wide range of light instead of just assigning primary colors such as red, blue, green to each pixel. The light striking each pixel is broken down into many special spectral bands in order to offer more information on what is imaged. Mainly this algorithms and the image processing methodologies associated with HSI

Intelligent Vending Machine Market (By Product: Beverage, Food, Tobacco, Others; By Application: Retail sites, Public transport hubs, Offices/Institutions, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction World-wide intelligent vending machine market is worth at over USD 11.6 billion in 2018 and is expected grow at a CAGR of over 14.5% during the coming years. Furthermore the industry is estimated to reach Over USD 34.3 billion by 2026. Market Dynamics The intelli

Cart Summary