DUBLIN, May 19, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "M2M Platform Market in Western Europe 2016-2020" report to their offering.
The M2M platform market in Western Europe is expected to grow at a CAGR of 20.08% during the period 2016-2020.
The market is divided into the following segments based on application type:
- Consumer electronics
- Energy and utilities
- Transport and logistics
Safe, efficient, and accessible public transportation has become a priority in the recent years due to increasing congestion of urban roadways, and it impedes traffic for approximately eight hours per day in major metropolitan cities and suburbs. Intelligent public transportation solutions provide application-enabling network services to securely connect public transit operations.
According to the report, one of the major factor driving the market is increased adoption of embedded SIMs. The benefits of embedded SIMs include streamlining of the manufacturing process for mass volumes, low production and distribution cost, and low power consumption. Standardizing embedded SIM specification facilitates the adoption of multiple SIMs for different services in cars, which drives the automotive industry in terms of revenue.
Further, the report states that interoperability issues decline the usage and adoption of M2M devices and solutions among end-users.
- Sierra Wireless
- What will the market size be in 2020 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?
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/wfhp9z/m2m_platform
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SOURCE Research and Markets