Machine to Machine (M2M) incorporates technologies that allow two types of systems of communications - wired and wireless systems - for communication with other devices of similar configuration. M2M is considered to be a very integral part of the Internet of Things (IoT) and has a wide range of applications in areas like automation and transportation, logistics, utilities, smart grids, smart cities etc. The technology can connect an array of devices like vending machines, heart monitors, irons, trucks and nearly every other product that can report device-specific information back to other devices. The purpose is primarily for monitoring and control purposes.
M2M solutions are simple, consist of sensors and other types of monitoring devices that can record activities and changes, and send this captured data via an IP network (LAN, WAN or Hybrid) which in turn performs an analysis of the data and takes necessary actions. It is for the same reason that the future of the M2M technology can largely be determined by the success of the Internet Protocol Version 6 (IPv6).
The Indian market, growing at a remarkable CAGR of 24%, is driven by the penetration of mobile phones, more specifically smart phones, the rise of cloud computing services and the availability of high speed broadband connection and bandwidth with the availability of 2G/3G. The wireless subscriber base in India has reached 850 million, further facilitating the emergence of the technology at a fast pace. However, a big hindrance in the technology is the vast difference between the smartphone users in urban and rural India. The cellular M2M module is specifically expected to grow at 35% CAGR till the need of the decade.
The technology also has some evident restrictions. The lack of industry standards, the high amount of initial investment, the lack of technical skills needed for the usage of the technology are some of them. With the advent of 4G and 5G, the technology sees immense opportunities in application in more industry verticals.
M2M can be segmented on the basis of component (Communications, sensors, RFID, Memory, Actuators, Processors and Power system), technology (2G/3G, Ethernet, Power Line Communication, Zigbee, Wifi and Others) and vertical. The Zigbee is the most popular segment due to its low cost, optimum power consumption and time-saving features. In India, the utilities vertical is predicted to drive the market in the future with the Government of India taking interest to deploy smart energy meters to address the concerns of power theft dominant in the country and monitor power supply in the region.
The M2M is capable of making several functions possible and affordable, which are currently not feasible in a developing country such as India. The technologies pertaining to M2M Communications such as GPS unit, RFID, GPRS etc. has much to offer to India. The revolution gives mobile network operators (MNOSs) the opportunity to move up the value chain and provide end-to-end services than just provide data services.
The report elucidates on the Top 5 emerging companies in India namely, CarIQ, MachinePulse, Exilant, Nimble Wireless and Traxroot IoT Platform. Their company profiles, products and services, business strategies, financials etc. have been enlisted as part of the report.
What the report offers
The study highlights the M2M market scenario in India and predicts the growth of the market with details of the growth pattern, market trends, drivers, restraints, opportunities, challenges, governmental regulation and policies associated, future forecasts etc. of the region. The market has also been segmented on the basis of Component, Technology and Vertical for a better understanding of the shares and revenues. Additionally, the report talks of the economic condition of the sector with a financial overview of the Top Five emerging companies showing maximum promise and implications of growth in the country.
2. Scope of Report
3. Market Overview
3.2 Supply-Side Analysis
3.3 Demand-Side Anaysis
3.4 Porter's Five Industry Forces Analysis
3.4.1 Industry competition
3.4.2 Potential of new entrants
3.4.3 Power of suppliers
3.4.4 Power of customers
3.4.5 Threat of substitute products
3.5 PESTEL Analysis
3.5.1 Political Factors
3.5.2 Economical Factors
3.5.3 Social Factors
3.5.4 Technological Factors
3.5.5 Environmental Factors
3.5.6 Legal Factors
3.6 Market Regulations and Policies
4. Market Dynamics
4.1.1 Rise of Cloud Computing
4.1.2 Popularity of Smart Phones
4.1.3 High Speed Broadband and Good Bandwidth: 2G/3G
4.2.1 High Initial Investment
4.2.2 Lack of Technical Skills
4.2.3 Lack of Common Industry Standards
4.3.1 Wide Scope of Application in Mulitple Industries
5. Market Segmentation
5.1 By Component
5.1.3 Radio Frequency Identification (RFID)
5.2 By Technology
5.2.3 Power Line Communication
5.3 By Vertical
5.3.3 Security and Surveillance
6. Investment Opportunities in M2M Technology by Country
6.1.1 Investment Opportunities in M2M Technology in India
6.1.2 Companies: CarIQ, MachinePulse, Exilant, Nimble Wireless and Traxroot IoT Platform
188.8.131.52 Company Profiles
184.108.40.206 Business Strategies
220.127.116.11 Products and Services
18.104.22.168 Innovations and Recent Developments
22.214.171.124 SWOT Analysis
126.96.36.199 Financial Overview
188.8.131.52.1 Basic Financial Structure
184.108.40.206.2 Funding Pattern
220.127.116.11.3 Recent Fundings
18.104.22.168.4 Sales Forecast
22.214.171.124.5 New and Existing Contracts
126.96.36.199.6 Market Presence
188.8.131.52.7 Client List
184.108.40.206.8 Major Investors
220.127.116.11.10 Number of Employees
7. Market Landscape
7.1 Market Trends
7.2 Market Forecasts
7.3 New Product Development and Innovations
7.4 Mergers and Acquisitions