NEW YORK, May 26, 2015 /PRNewswire/ -- About M2M Services in Retail Industry
M2M is a communication technology that allows intelligent machines to monitor and control shared information through wired and wireless communication, without any human intervention. M2M services are used in the healthcare, automotive, oil and gas, transportation, and retail industries. They are extensively used in the retail industry for real-time payments and transactions and tracking inventory levels, vending machines, ATMs, parking meters, transport management, smart cashier management, security and surveillance, and to analyze customer behavior at retail outlets. Financial institutions and banks have started using M2M technology to track remote financial transactions at retail stores.
Technavio's analysts forecast the M2M services market in the retail industry in the US to grow at a CAGR of 23.55% over the period 2015-2019.
Covered in this report
On the basis of connections, the M2M services market in the retail industry in the US can be classified into five: POS devices, vending machines, ATMs, parking meters, and public transport ticketing devices.
Technavio's report, the M2M Services Market in the Retail Industry in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the Key vendors ?operating in this market.
Key vendors
• AT&T
• Rogers Communications
• Verizon Communications
• Vodafone Group
Other prominent vendors
• Apriva
• Atos Worldline
• Automated Merchandising Systems
• Cantaloupe Systems
• Coinco
• Contour Networks
• Crane
• cStar Technologies
• Cubic Transportation Systems
• CyberNet
• Diebold
• Digi International
• Duncan Solutions
• Ingenico
• INIT
• IPS Group
• Jofemar
• MacKay Meters
• Metric Group
• Microtronic
• Nayax
• NCR
• OptConnect
• PAX Technology
• Royal Vendors
• Sandenvendo
• Scheidt & Bachmann
• Seaga
• Siemens
• Smarcom
• Thales
• USA Technologies
• VendScreen
• VeriFone
• Vendon
• Vianet
• Vix
• Wittern Group
• Xerox Transportation Solution
Market Driver
• Use of M2M for POS payments
• For a full, detailed list, view our report
Market Challenge
• Lack of standardization
• For a full, detailed list, view our report
Market Trend
• Use of M2M for digital signage
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 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 ?
Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Companies Mentioned
AT&T, Rogers Communications, Verizon Communications, Vodafone Group, Apriva, Atos Worldline, Automated Merchandising Systems, Cantaloupe Systems, Coinco, Contour Networks, Crane, cStar Technologies, Cubic Transportation Systems, CyberNet, Diebold, Digi International, Duncan Solutions, Ingenico, INIT, IPS Group, Jofemar, MacKay Meters, Metric Group, Microtronic, Nayax, NCR, OptConnect, PAX Technology, Royal Vendors, Sandenvendo, Scheidt & Bachmann, Seaga, Siemens, Smarcom, Thales, USA Technologies, VendScreen, VeriFone, Vendon, Vianet, Vix, Wittern Group, Xerox Transportation Solution
Read the full report: http://www.reportlinker.com/p02947705-summary/view-report.html
About Reportlinker
ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place.
http://www.reportlinker.com
__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001
SOURCE Reportlinker
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article