The global cellular M2M module market to grow at a CAGR of 23.28% during the period 2018-2022.
Global Cellular M2M Module Market 2018-2022, 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.
One trend in the market is growth of smart cities. Governments of various countries are focusing on developing their urban infrastructure with the integration of advanced technologies. The objective is to build smart cities that provide an improved quality of life and efficient services to make the life of residents simpler and easier.
According to the report, one driver in the market is use of M2M technology for remote patient monitoring. The healthcare sector is one of the major end-users of cellular M2M modules. The aging population, high life expectancy, and increase in the number of individuals with chronic disorders are increasing the scope of the cellular M2M module market. Cellular M2M communications enable data transmission for monitoring individuals with various conditions, including apnea, cardiac arrest, and diabetes. Cellular M2M patient monitoring devices need to be embedded with M2M modules or should be connected to an external M2M modem.
Further, the report states that one challenge in the market is growing privacy and security concerns. A major factor driving the adoption of M2M modules and M2M connected devices among individual consumers and enterprises is security concerns. The highest security standards are required for connecting physical and digital spheres to minimize the impact of cybersecurity attacks.
This is a big negating factor in the marketplace as most individuals lack assurance and are not confident about integrating such technologies into their devices. In the US, hacking smart meters within an energy grid can result in major blackouts. In 2016, e-mail accounts and credentials of owners were hacked in the US. It affected more than 1,000 other devices in the US.
- Huawei Technologies
- Sierra Wireless
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
- Market sizing 2017
- Market size and forecast 2017-2022
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY TECHNOLOGY
- 4G - Market size and forecast 2017-2022
- 3G - Market size and forecast 2017-2022
- 2G - Market size and forecast 2017-2022
- CDMA - Market size and forecast 2017-2022
PART 09: CUSTOMER LANDSCAPE
PART 10: MARKET SEGMENTATION BY APPLICATION
- Smart utilities- Market size and forecast 2017-2022
- Home appliances and consumer electronics - Market size and forecast 2017-2022
- Manufacturing - Market size and forecast 2017-2022
- Healthcare devices - Market size and forecast 2017-2022
PART 11: REGIONAL LANDSCAPE
PART 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
PART 14: MARKET TRENDS
- Growth of smart cities
- Increasing investments in M2M module development
- Growth of LTE-M
PART 15: VENDOR LANDSCAPE
PART 16: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/research/phhrwn/global_cellular?w=4