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India Machine To Machine (M2M) Modules Market
According to 6Wresearch, India Machine to Machine (M2M) modules market is expected to reach .38 million by 2016, with a CAGR of 33.81% from 2011-2016. Cellular M2M modules are expected to grow with relatively highest CAGR of 35.32% for the same period.
The increasing demand for remote monitoring & control, government initiatives, new income opportunities for MNOs, launch of 3G networks and reducing human efforts are the factors that have spurred the Indian M2M market.
The report “India M2M modules market (2011-2016)” forecasts and estimates market size, market revenues by modules, applications, unit shipments, vendors market share and provide detailed analysis of following key market segments:
• Machine to Machine modules types:
• Short Range modules: Wi-Fi, Bluetooth, Zigbee and others.
• Cellular modules: 2G and 3G
• Satellite modules
• Applications: Utilities, Security, Automotive, Transport & Logistics, Healthcare and Retail & Financial Services
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