Machine-to-machine (M2M) Services Market in Retail Globally Grow at a CAGR of 34.42% by 2021
Increased adoption of M2M devices in connected health services and connected car solutions and the rapid growth of the cellular M2M segment are expected to enhance the overall market revenue significantly in the next few years. Government organizations across the globe are investing billions of dollars in Internet of Things (IoT), driving the global M2M services market in the retail industry.
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Technavios analysts forecast the global machine-to-machine (M2M) services market to decline at a CAGR of (34.42%) during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global machine-to-machine (M2M) services market for 2017-2021. To calculate the market size, the report considers the revenue generated from POS devices, automated teller machines (ATMs), vending machines, smart parking meters, and fare ticketing devices; service revenue generated from cellular services by mobile network operators (MNOs) such as AT&T and third-party cellular M2M service providers; revenue generated from five application areas in the retail industry [specialty, hospitality, fast-moving consumer goods (FMCG), finance, and transportation]; and revenue generated from the sales of M2M devices, modules, and applications used in the retail industry.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavios report, Global Machine-to-machine (M2M) Services 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.
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Key vendors
AT&T
Deutsche Telekom
Rogers Communications
Verizon
Vodafone
Other prominent vendors
Aeris Communications
Amdocs
Cantaloupe Systems
Carriots
China Mobile
cStar Technologies
CyberNet
Digi International
e2Solutions
Ericsson
FAS International
Gemalto
Happiest Minds
Huawei
Indra
JT Wholesale
KORE Wireless Group
M2M Connectivity
Margento
METRIC Group
N&W Global Vending
Nayax
Novatel Wireless
Orange Business Services
POS Unlimited
Robustel
Royal Vendors
Siemens
Singtel
USA Technologies
Vianet
Vix Technology
Wipro
Market driver
M2M services for dynamic real-time tracking
For a full, detailed list, view our report
Market challenge
Integration issues of M2M devices
For a full, detailed list, view our report
Market trend
M2M platform consolidation
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 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?
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