M2M Connections and Services Market in China 2015-2019 is a new research report added by Sandlerresearch.org under the Software and Services category. The analysts forecast M2M connections and services market in China to grow at a CAGR of 39.68% during 2015-2019.
Machine to machine (M2M) technologies allow for communication of data between electronic devices. The transmission of data is done via cellular as well as satellite networks. Cellular M2M connections use CDMA, 2G, 3G, and 4G/LTE networks to establish connections between electronic devices, and provide applications across different verticals, such as automotive, healthcare, retail, transport and logistics, manufacturing, energy and utilities, and consumer electronics.
Satellite M2M technology enables communication of data and information among electronic devices with the help of satellite networks. This type of M2M is widely adopted in regions where the reach of cellular networks is limited. Oil and gas companies, private enterprises, and government organisations worldwide are adopting satellite M2M rapidly because of its wide reach and low cost.
Some major applications provided by M2M are video surveillance, remote vehicle diagnostics, fleet management, asset tracking, theft recovery, and POS. It helps industries worldwide to enhance their operational efficiency and productivity by reducing overall CAPEX.
The analysts forecast M2M connections and services market in China to grow at a CAGR of 39.68% during 2015-2019; while the M2M services market in the country ill grow at a CAGR of 23.76% during the forecast period.
Covered in this Report
The report, namely M2M Connections and Services Market in China 2015-2019, is based on an in-depth market analysis, with inputs from industry experts. It also covers the market landscape in China and its growth prospects in the coming years. The report includes the key vendors operating in the market.
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- High Adoption of M2M Technology
- Lack of Integration in M2M Devices
- Increased Use of Satellite M2M for Event-based SCADA Applications
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