Market Forecast By Module Types (Short Range, Cellular and Satellite), Applications (Utilities, Security, Automotive, Transport & Logistics, Healthcare and Retail & Financial Services)
|Product Code: ETC000102||Publication Date: Apr 2012||Product Type: Report|
The Machine to Machine (M2M) modules market in India has picked momentum in recent times due to the increasing demand for remote monitoring & control across different industrial applications such as automotive, transport & logistics, utilities, and others. THE short-range M2M module leads the Indian M2M market, accounting for 49.48% of the total market revenues for the year 2011. However, we expect that this market share is expected to shift towards cellular M2M & satellite M2M in the coming years.
According to 6Wresearch, India Machine to Machine (M2M) modules market is expected to reach $98.38 million by 2016, with a CAGR of 33.81% from 2011-2016. Cellular M2M modules are expected to grow with the relatively highest CAGR of 35.32% for the same period.
The increasing demand for remote monitoring & control, government initiatives, new income opportunities for MNOs, the launch of 3G networks, and reducing human efforts are the factors that have spurred the Indian M2M market.
The report thoroughly covers the Indian M2M modules market by different modules, by shipments, and by applications. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which will help the stakeholders to device and align their market strategies according to the current and future market dynamics of the market.
The report “India M2M modules market (2011-2016)” forecasts and estimates market size, market revenues by modules, applications, unit shipments, vendors market share and provide detailed analysis of the following key market segments: