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Report on Machine-to-Machine Modules Market Forecast and Opportunities in India [2020]

  • Date Submitted: 10/28/2015 03:57 AM
  • Flesch-Kincaid Score: 32.9 
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28th Oct 2015- Mumbai, India: Bharatbook.com announces a report on “Report on Machine-to-Machine Modules Market Forecast and Opportunities In India [2020] ”   The report also includes the information of the Growing usage of combination M2M modules and projected decline in average selling prices is further forecast to propel demand in the ensuing years.

India machine to machine (M2M) modules market is one of the fastest growing M2M markets in Asia-Pacific. Rising need for automation and real-time monitoring and tracking of objects and growing trend of connected devices is shifting focus of consumers to M2M devices. Rise in number of favorable government initiatives and regulations have also been driving the adoption of M2M modules across diverse sectors. Government projects such as smart cities, smart grids, smart transportation, etc., efforts to reduce operational costs while providing advanced security systems, deployment of M2M devices in sectors such as healthcare, etc., for remote monitoring, is driving deployment of machine-to-machine (M2M) modules in the country. Growing usage of combination M2M modules and projected decline in average selling prices is further forecast to propel demand in the ensuing years.

According to “India Machine-to-Machine (M2M) Modules Market Forecast & Opportunities, 2020”, the M2M modules market in India is projected to cross USD4.4 billion by 2020. Rising trend of Internet of Things (IOT), increasing automation to reduce operational and labor costs, and growing efforts to reduce greenhouse emissions is driving M2M modules market in the country. Short range M2M modules dominate the current M2M market landscape, followed by Cellular and Satellite. Currently, India M2M modules market is mainly an import driven market and dominated by leading global M2M players such as Telit, Gemalto, Sierra Wireless and SIMCom. Consumer electronics, healthcare, transport, security & surveillance, energy & utilities, supply chain & logistic...

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