DUBLIN, May. 08, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global M2M Network Security Market 2017-2021" report to their offering.
The analysts forecast the global M2M network security market to grow at a CAGR of 26.27% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global M2M network security market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of M2M network security products, which include embedded SIMs and gateways. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is increased demand for M2M in consumer electronics. M2M systems were mainly used by businesses and public organizations, but now they are used more widely in smart homes, different fitness gadgets, for tracking goods and assets, and in the entertainment sector. As new technologies and IoT ecosystem evolve, gadgets and devices will be affordable for everyone.
According to the report, one of the major drivers for this market is increase in number of connected devices. By 2019, the number of connected devices, including portable navigation devices, media players, and imaging devices with cellular connections, is expected to reach approximately 448.04 million units. These devices are connected to each other through advanced M2M modules, smart sensors, and software for entertainment, personal, and official applications. An increase in the number of devices makes it increasingly difficult to monitor, manage, and maintain.
Further, the report states that one of the major factors hindering the growth of this market is technical defects and related high costs of M2M network security solutions. The lack of accuracy of the M2M network security solutions is a major challenge that affects the profits of the vendors.
- Cisco Systems
- Kore Wireless
- PTC (Axeda)
Other prominent vendors
- Digi International
- NetComm Wireless
- Novatel Wireless
- SIMCom Wireless Solutions
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Sensors: M2M
Part 06: Economic impact
Part 07: Technology lifecycle
Part 08: Market landscape
Part 09: Market segmentation by end-user
Part 10: Geographical segmentation
Part 11: Decision framework
Part 12: Drivers and challenges
Part 13: Market trends
Part 14: Five forces analysis
Part 15: Vendor landscape
Part 16: Major vendor profiles
Part 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/3j5bj9/global_m2m
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets