An M2M platform is a programmed unit in which M2M applications and services are built on. The growing adoption of IoT and M2M services is resulting in an increased demand for innovative M2M platforms to offer new M2M services (such as connected cars and smart homes). Also, many small players are entering the global M2M platform market as the entry barriers are low. The rising adoption of connected devices, tablets, wearable devices, and smartphones among consumers and enterprises will favor the growth of the market. This is because these connected devices require an M2M platform for transferring data and information in real time. The devices are connected to each other via M2M modules, smart sensors, and software. The number of M2M connections across various industry verticals, such as the automotive, healthcare, and retail, has increased, as the platform helps enterprises improve their operational efficiency and revenue generation.
Technavio’s analysts forecast the global machine to machine (M2M) homeland security market to grow at a CAGR of 54.70% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global machine to machine (M2M) homeland security market for 2017-2021. To calculate the market size, the report considers the revenue generated from M2M service providers, internet service providers, and analytical solution providers are also taken into consideration.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Machine to Machine (M2M) Homeland Security Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • ENSCO • KORE Wireless Group • Northrop Grumman • ORBCOMM • Seagull Maritime Security • Thales • Westminster Aviation Security Services (WASS) Other prominent vendors • AeroVironment • Elbit Systems • General Dynamics • Globotrack • Hughes • Leonardo • Safran • Teraquant • Zeal Market driver • Surveillance and security at borders • For a full, detailed list, view our report
Market challenge • Cyber-attacks or hacking threats • For a full, detailed list, view our report
Market trend • Adoption of satellite communication for disaster management • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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