PRN: Global M2M Network Security Market 2017-2021: Market to Grow at CAGR of 26.27% - Key Challenges, Trends & Drivers - Research and Markets

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Global M2M Network Security Market 2017-2021: Market to Grow at CAGR of 26.27% - Key Challenges, Trends & Drivers - Research and Markets

 
[08-May-2017]
 

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.

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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 maintai! n.

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.

Key vendors

  • Cisco Systems
  • Gemalto
  • Kore Wireless
  • Numerex
  • PTC (Axeda)

Other prominent vendors

  • Digi International
  • EUROTECH
  • NetComm Wireless
  • Netop
  • Novatel Wireless
  • Option
  • SIMCom Wireless Solutions
  • Systech
  • Telit
  • Ventus

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

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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