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Research Report on India Machine to Machine (M2M) Market : 2015-2021

  • Date Submitted: 12/10/2015 11:12 PM
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Market reports on India presents the latest   report on “Research Report on India Machine to Machine (M2M) Market : 2015-2021” http://www.marketreportsonindia.com/consumer-goods-market-research-reports-13327/india-machine-market-forecast-hardware-connectivity-services-applications-regions.html   In Indias M2M market, M2M service segment accounted for majority of the market revenue generated from verticals such as automobile & transportation, utilities, retail & financial services, healthcare, and agriculture.

11th Dec 2015, – Navi   Mumbai, India: Market reports on India presents the latest report on “Research Report on India Machine to Machine (M2M) Market : 2015-2021”.   The report thoroughly covers the market by M2M ecosystem by hardware, connectivity, services, applications, and regions.

Increasing demand for connected devices, rising awareness, penetration of smart devices are some of the factors driving the growth of M2M market in India. New government initiatives such as 100 smart cities project coupled with increasing countrys IT spending is further expected to fuel the M2M market in India. The country is also exhibiting installation of fourteen smart grids and 130 million smart meters in the coming years, which would spur the M2M market in utility application.

According to 6Wresearch, India M2M market is estimated to generate $7.10 billion by 2021. In Indias M2M market, M2M service segment accounted for majority of the market revenue generated from verticals such as automobile & transportation, utilities, retail & financial services, healthcare, and agriculture. However, during 2015-21, share of M2M connectivity segment would increase owing to growing opportunities of telecom companies in M2M space.

Amongst all applications, automobile, transportation and logistics vertical has led the market and is expected to maintain its marker dominance through the forecast period.

Indias M2M Market (2015-2021) provides in-depth analysis with 40 figures...

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