“Global Machine-to-Machine M2M Communication in Intelligent Buildings Market 2012-2016”
TechNavio’s analysts forecast the Global Machine-to-Machine Communication in Intelligent Buildings market to grow at a CAGR of 22.36 percent over the period 2012-2016. One of the key factors contributing to this market growth is growing popularity of 3G and 4G networks. The Global Machine-to-Machine Communication in Intelligent Buildings market has also been witnessing increased adoption of cloud-based M2M platforms. However, requirement of high initial investment could pose a challenge to the growth of this market.
Key vendors dominating this space include AT and T Inc., Orange Business Services, Verizon Communications Inc., Vodafone Group plc
Other vendors mentioned in the report are China Mobile Ltd., China Unicom Ltd., Deutsche Telecom AG, Entel Inc., Everything Everywhere Ltd., KPN N.V., NTT DoCoMo, SFR S.A., Siftbank Corp., SingTel Ltd., SK Telecom Co. Ltd., Sprint Inc., Telecom Italia Group., Telefonica S.A., Telekom Austria Group., Telenor Group., TeliaSonera AB, Telit Wireless Solutions., Turkcell Iletisim Hizmetleri A.S.
Commenting on the report, an analyst from TechNavio’s Telecom team said: ”The main trend witnessed in the Global M2M Communication in Intelligent Buildings market is the increased adoption of cloud-based M2M platforms. The adoption of M2M technology leads to an increase in the number of connected devices, which results in a dramatic increase in data that needs to be stored, analyzed, and reported whenever required. Thus, service providers would require increased computing power, which can be provided by cloud-based M2M platforms. Hence, the increased adoption of cloud-based M2M platforms is expected to have a positive impact on the growth of the Global M2M Communication in Intelligent Buildings market during the forecast period.”
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