Global Internet-of-Things (IoT) and Machine-to-Machine (M2M) Communication Market Research Report

The global IoT and M2M communication market is estimated to grow from $128.70 billion in 2013 to $498.92 billion by 2019, at a CAGR of 24.4% from 2013 to 2019. The market is primarily driven by the increasing use of communication technologies such as RFID, sensor node, and SCADA.

Internet of Things (IoT) is described as the network of networks; it is a central part of Future Internet, and could be defined as a network infrastructure with self-configuring capabilities, based on interoperable and standard communication protocols. In simple terms, IoT is a layer of digital information that covers the physical world.

Machine-to-machine (M2M) communication enables machines to communicate directly with one another, using various types of fixed and wireless networks [machine-type communications (MTC)].

In the coming years, the IoT and M2M communication technology would be implemented by many IT enterprises, as it can be used in various functions such as data collection, data transmission, and data processing, along with feedback, which provide the detail how to control the applications. Other applications where IoT and M2M communication are used include surveillance, security, healthcare, transport, food safety, and document management. Hence, IoT and M2M communication systems are incorporated by various organizations, especially in verticals such as retail, healthcare, and IT & telecom.

The report provides a competitive benchmarking of the leading players in this market such as Alcatel-Lucent, AT&T, ZTE, IBM, and Huawei Technologies. Furthermore, the report gives the financial analysis, which includes CAGR and market shares of the different region, vendors, overall adoption scenario, competitive landscape, key drivers, restraints, and opportunities in the market.