Global Machine-To-Machine (M2M) Market. Frost & Sullivan: Edge Computing Evolution and M2M Solution Testing.
According to a Frost & Sullivan report published in July 2020, the prevalence of machine-to-machine (M2M) devices had declined in 2020 as a result of COVID-19. This had a major effect on the market for research equipment that verifies their capabilities (except for equipment for connected health applications).
The Asia Pacific industry segment is projected to have the fastest growth in the Global Machine-To-Machine (M2M) Market.
Some of the main factors driving the growth of the M2M market in APAC are the rising penetration of the internet through commercial and residential spaces, a broad user base, increasing disposable income, and improving IT infrastructure. Mobile operators have been relying on cellular M2M connectivity as an increasing source of revenue to offset the decline in conventional voice and data revenue, which has been driving the M2M market in APAC. Although Japan has a more mature ecosystem than China, China has been driving M2M connectivity adoption over the last few years through government initiatives.
In a recent research report by Maximize Market Research, the Machine-To-Machine (M2M) Market is expected to surpass US $XX Billion by the year 2026, from US $XX Billion in 2019.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than XX%, during the tenure of 2020 – 2026.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of white goods in the region, the Value – Chain analysis, and the PORTER’s analysis for the white goods market at a global level.
The study is consolidated on the basis of two major segments and further into sub-segments, Technology Type (2G, Wi-Fi, Ethernet, Zigbee and Power-Line), Component (Actuators, Sensors, Memory, RFID, and Power Modules & Communication Modules), Technology (Consumer Electronics, IT, Retail, Transportations & Automotives, Healthcare, Security & Surveillance, and Others) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players – Verizo Add slideshown Communications, Inc., AT&T, Inc., Vodaphone Grp., Rogers Communication, Axeda Corp., Atmel Corp., Cisco Systems, Imetrik Machine to Machine solutions, Inc., Cypress Semiconductor Corp., Infineon Technologies, Freescale Semiconductor, Inc., NEC Corp. NTT Docomo, Inc., and Novatel Wireless, Inc., Huawei Technologies Co. Ltd., Google Inc., Alcatel-Lucent S.A.and others.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Machine-To-Machine (M2M) Market.”
https://www.maximizemarketresearch.com/market-report/global-machine-to-machine-m2m-market/92507/
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