The M2M technology is used to monitor the vital statistics of patients, dispense medicines when needed, or track healthcare assets in real-time. Remote monitoring is often accomplished through machine-to-machine communication.
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Market Overview
Although, managed M2M services has a huge potential regarding growth and adoption, currently it consists of a heterogeneous collection of established and emerging, technologies and standards. This is mainly due to involvement of a wide range of market sectors.
In recent years, cloud based deployment has become a significant component of the managed M2M services and related solutions, due to the increase in cellular and wireless connection speeds. Managed M2M services/solutions providers are offering platforms as a service (PaaS), which streamline machine networks by allowing users to manage deployments remotely.
Market Dynamics
Major drivers expected to propelling the adoption managed M2M services are – exponential growth in smartphone, tablet, sensors and their applications, increase in cellular and wireless connection speeds globally, concept of smart homes along with growing automation and adoption of M2M services in automotives.
Adoption of managed M2M services are fuelled by advantages such as full control of connected devices, self-managing the device provisioning process and subscription details and service providers offering flexible pricing plans for connectivity tailored for customer needs.
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Additionally, users are looking forward towards the consolidation of services using fewer managed M2M service providers. Apart from connectivity, users want these service providers to offer secure networks, device management, granular billing platforms, cross network aggregation, infrastructure, mapping, hardware, industry experience.
However, with the introduction of new devices and related M2M communication technologies, the type of attacks that end users will experience are also expected to change. End users will be needed to increase focus on physical attacks on devices, such as those in remote locations.
Key Market Players
Key players operating in the global managed M2M services market are Aeris, AT&T, Arkessa, Deutsche Telekom AG, Digicel, KORE Wireless Group, Eseye Limited, Orange Business Services, ORBCOMM, Telefónica S.A., Verizon Enterprise and Vodafone Limited.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
Regional analysis includes:
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global Managed M2M Services market can be segmented on the basis of deployment, application and regions.
On the basis of deployment, the market can be classified as
On the basis of application, the market can be classified as
On the basis of regions, the market is classified as:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Jul 20, 2022
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