|By PR Newswire||
|April 14, 2014 08:11 AM EDT|
DUBLIN, Apr. 14, 2014 /PRNewswire/ --
Research and Markets
) has announced the addition of the
report to their offering.
The analysts forecast the Machine to Machine (M2M) market in India to grow at a CAGR of 33.81 percent over the period 2012-2016. The new income opportunities generated through the adoption of M2M technology constitute one of the key factors for this market growth. The M2M market in India has also been witnessing a shift from voice services to data services. However, the lack of coordination among the members of the fragmented value chain could pose a challenge to the growth of this market.
The report, the Machine to Machine (M2M) Market in India, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the M2M market landscape in Indian and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
India loses approximately US$10.20 billion each year due to power thefts. As a result, India is planning to roll out smart meters in the Power sector. The Indian Government is mainly responsible for the huge penetration of broadband services at a rural level.
The Government of India has initiated a national fiber network for 250,000 gram panchayats (local government in villages and small towns) for broadband connectivity. In addition, the governments have also taken other initiatives such as electronic point of sales machines, automated meter reading, and tracking devices in logistics for the welfare of the society.
According to the report, one of the main drivers is the new income opportunities for MNOs. The new modes of exploring wireless connectivity into social networks and mobile commerce are enabling MNOs to bring in additional revenues to the table. The increasing penetration of M2M technology in the key business verticals of India, such as the Automobile, Healthcare, Agriculture, Home Appliances, and Retail sectors, is boosting the opportunities for MNOs, thereby driving the M2M market in India.
Further, the report states that one of the main challenges is the lack of coordination among the members of the fragmented value chain. The M2M value chain includes manufacturers, connectivity providers, application service providers, service providers, sellers, and resellers. Though M2M gets an extensive support for its economic growth from this expansive value chain, the coordination among the value chain members is a tedious task. This adverse effect of the coordination in the value chain acts as a hindrance in offering complete solutions to the end-user.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
6. Technical Overview
7. Market Landscape
8. Market Segmentation by Technology
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
- Bharti Airtel
- Idea Cellular Ltd.
- Reliance Communications
- Tata Consulting Services
- Tech Mahindra Wipro Ltd.
- Telit Communications
For more information visit http://www.researchandmarkets.com/research/wmbf7x/machine_to
Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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