m2m services market in retail industry in us 2015-2019
TRANSCRIPT
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M2M Services Market in Retail Industry in US 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “The lack of standardization among M2M devices is hampering the growth prospects of the market. The M2M ecosystem comprises many players and, therefore, standardization among devices from different manufacturers is an essential prerequisite to deal with interoperability issues. The M2M value chain comprises manufacturers, connectivity providers, application service providers, service providers, sellers, and re-sellers.”
• M2M is a communication technology that allows intelligent machines to monitor and control shared information through wired and wireless communication without human intervention. M2M services are used in the healthcare, automotive, oil and gas, transportation, and retail industries.
• The market is expected to grow at a high CAGR of 23.55% during the forecast period.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver,
challengeand trend is
available in our report:
M2M Services Market in Retail Industry in US
2015-2019
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Vendors
To understand the vendor landscape and
for a full list of vendors view our report:
M2M Services Market in Retail Industry in US
2015-2019
AT&T
Rogers Communications
Verizon Communications
AT&T is a leading provider of M2M platforms and solutions worldwide. The services offered by the company include smart grid solutions and AT&T Cargo View with Flight Safe. Smart grid solutions help in remote monitoring and management of assets.
Rogers Communications is a leading provider of M2M solutions toretailers and financial institutions. The solutions offered by thecompany include workforce management, customer engagement,asset management, and network infrastructure management.
Verizon wireless is also a leading provider of M2M solutions tothe retail industry. It provides services such as digital signage,mPOS, and security solutions to retailers. Verizon cloudsolutions help retail service providers to manage thecomplexities of various applications, IT systems, and hardwareand deliver a hassle-free experience to consumers.
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Market Landscape
• The M2M services market in the retail industry in the US is expected to growsignificantly during the forecast period, driven by the higher adoption rate ofconnected devices among retailers, financial institutions, restaurant owners,parking providers, and public transport organizations.
• Enterprises and financial institutions are shifting their mode of operation frompaper-based payment to electronic modes of payment, which is propelling theadoption of POS devices.
• Most retailers in the US are adopting intelligent vending machines becausethey offer features such as cashless payment, voice recognition, digital signage,and telemetry.
• The deeper penetration of LTE networks in the US has propelled the adoptionof vending machines among retailers, restaurant owners, and banks.
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Key Buying Criteria
Guest Bloggers
• Authenticity • Delivery • Price• Service
Support
Parameter Details
AccuracyM2M services should provide accurate data to end-users.
Cost M2M applications should be affordable to end-users.
Data SecurityEnd-users should be provided a secure environment for data
delivery as promised in service-level agreements.
End-to-end Connectivity
End-to-end service management is the first criterion for the
evaluation of the success of a service in the market. It also
includes the provision of real-time intelligence and M2M
analytics.
Reliability Wireless M2M devices should have high reliability from the
end-user's perspective.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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