Report Hive Research estimates that the global M2M, IoT & Wearable Technology market is expected to account for nearly $20 Billion in revenue by the end of 2016. The market is further expected to grow at a CAGR of approximately 12% over the next four years, eventually accounting for over $30 Billion in revenue by the end of 2020.
This report studies the global M2M, IoT & Wearable Technology market status and forecast, categorizes the global M2M, IoT & Wearable Technology market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Eyeing opportunities to route huge volumes of traffic from these wearable devices, many service providers are now seeking to fit wearable technology with their M2M offerings, targeting both consumer and vertical markets. Report Hive expects that M2M and wearable devices can help IoT service providers pocket as much as $231 Billion in service revenue by the end of 2020, following a CAGR of 40% between 2015 and 2020.
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As consumer voice and data service revenues reach their saturation point, mobile operators are keen to capitalize on other avenues to drive revenue growth. One such opportunity is providing network connectivity for M2M (Machine to Machine) devices like smart meters, connected cars and healthcare monitors. Despite its low ARPU, M2M connectivity has opened a multi-billion dollar revenue opportunity for mobile operators, MVNOs and service aggregators, addressing the application needs of several verticals markets. By enabling network connectivity among physical objects, M2M has also initiated the IoT (Internet of Things) vision – a global network of sensors, equipment, appliances, smart devices and applications that can communicate in real time.
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The ‘M2M, IoT & Wearable Technology: 2016 – 2030 – Opportunities, Challenges, Strategies & Forecasts’ report presents an in-depth assessment of the M2M, IoT & Wearable Technology including market drivers, challenges, opportunities, value chain, future roadmap, case studies, ecosystem player profiles and strategies. The report also presents market size forecasts from 2016 through to 2030. The forecasts are segmented for 5 regional and 25 country level markets.
Spanning over 1,110 pages, the ‘M2M, IoT & Wearable Technology Ecosystem: 2015 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals and Forecasts’ report package encompasses two comprehensive reports covering M2M, IoT and wearable technology:
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-The M2M & IoT Ecosystem: 2015 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals and Forecasts
– The Wearable Technology Ecosystem: 2015 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals and Forecasts
Get Detail Analysis on Table of Content and list of figures https://www.reporthive.com/details/the-m2m-iot-wearable-technology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-and-forecasts#tcontent
The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.