Western Europe M2M Platform Market 2016 Size, Share, Trends and Forecast 2016

Western Europe M2M Platform Market Trends, Share, Size, Growth, Segment Analysis and Forecasts 2016-2020

An M2M platform is a programmed unit on which M2M applications and services are built. Due to the growing adoption of the IoT and M2M services, the demand for innovative M2M platforms, to enable several new M2M services such as connected cars and smart homes, is increasing. Many small players are entering into the global M2M platform market, as entry barriers are low.

Increasing adoption of connected devices, tablets, wearable devices, and smartphones among consumers and enterprises will favor the growth of the market. This is due to the fact that 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 automotive, healthcare, and retail been increasing as this platform helps enterprises improve their operational efficiency and revenue generation.

Technavio's analysts forecast the M2M platform market in Western Europe to grow at a CAGR of 20.08% during the period 2016-2020.

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Technavio's report, M2M Platform Market in Western Europe 2016-2020, 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

Comarch

Gemalto

PTC

Table Of Content

PART 01: Executive summary

Highlights

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PART 02: Scope of the report

Market overview

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic...