Tag: Transparency Market Research

M2M is a tough market for channel


A new report by analyst outfit Transparency Market Research says that the global smart home M2M market is tough to get into.

The report has the catchy and concise title “Smart Home M2M Market (Technology – Wireless (Wi-Fi and Cellular) and Wired; Application – Access and Security Control, Energy and Climate Management, Home Entertainment, and Lighting) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2025.”

It claims the industry is fragmented in nature on account of the presence of many large vendors operating in various industry verticals.

The market is made up of platform providers, telecommunications operators, chip providers, device manufacturers, and original equipment manufacturers (OEM). To make matters worse there is stiff competition including some of the big names.

These include Cisco, AT&T, Gemalto, Intel, Vodafone, Telit, Deutsche Telekom,  Sprint, KORE Wireless  and Sierra Wireless.

The report said that the global smart home M2M market will likely expand at a robust 13.3 per cent CAGR between 2017 and 2025 to reach a value of $16.316 million by 2025 from $5.421 million in 2016.

Depending upon applications, the global smart home M2M market can be divided into energy and climate management, access and security control, home entertainment, and lighting, among others, including M2M technology for connected wellness and smart appliances.

At present, the energy and climate management segment dominates with a leading share. In 2016, the segment held over a fourth of the share in the market.

Geographically, North America, South America, Europe, Asia Pacific, and the Middle East and Africa are the key segments of the global smart home M2M market.

North America of them, held a leadings share of 35 per cent in 2016. The region’s expansion has been driven primarily by the US.

Knowledge about the benefits of home automation, widespread availability of different home automation products, concentration of numerous vendors, and easy availability of skilled personnel required for home automation have helped catalyse growth in the North America market.

At the forefront of driving growth in the global smart home M2M market is the swift uptake of smart home security systems.

The report said that traditional systems are mainly operated manually and have several disadvantages.

Smart home security systems, with enhanced features such as text message based motion detection notifications, remote monitoring of residential property, and automatic opening of doors and windows when smoke alarm is sounded, helps to overcome those disadvantages.

Further, the growing applications of smart appliances such as vacuum cleaners washing machines, HVAC systems, kitchen equipment, televisions, etc., lighting systems, and other connected consumer electronics have also served to bolster the smart home M2M market globally.

“Such devices are mostly connected to the Wi-Fi system of a home and can be controlled through a smart phone application or via a remote control among other systems.

Owing to such advantages, the demand for smart appliances is gaining popularity across different geographic locations,” the report said.

What is holding the global smart home M2M market back are concerns over breach of security and compatibility issues with legacy systems.

The continuous advancement in technology, falling prices of semiconductor devices and growing adoption of home automation can be expected are expected to create new avenues for growth in the market, the report said.


Living on the mobile edge is more interesting

b5Beancounters at Transparency Market Research have added up some numbers and reached the conclusion that the global mobile edge computing (MEC) market is a dynamic and highly competitive one, which is making gigantic strides.

In a report, the analysts said that players operating in the market are constantly looking to develop more effective solutions in response to the different requirement of end-use companies.

They are investing heavily in cutting-edge technologies to stay ahead.

The report said that the many titans in the field were coming up with highly advanced hardware and software solutions that will help them steal a march over their competitors.

The top names in global mobile edge computing (MEC) market are IBM, Huawei, IDT, Nokia, PeerApp, Intel, Juniper, ADLINK, Saguna, Vasona Networks, ZTE and SpiderCloud Wireless.

As per a report by Transparency Market Research, the global mobile edge computing (MEC) market will register 51.0 per cent CAGR between 2017 and 2025 to become worth $4228.3 million by 2025 from $73.8 million in 2016.

Depending upon the part, the global mobile edge computing (MEC) market can be segmented into hardware, software, and service. Of them, the hardware segment accounted for a mammoth 80 percent share in the market in 2016.

The report claims this is because the entire mobile edge computing architecture is comprised of different hardware – servers, processors, routers, and switches. The segment is predicted to clock maximum growth in the forecast period.

Geographically, the key segments in the global mobile edge computing (MEC) market are North America, South America, Asia-Pacific, Europe, and the Middle East and Africa.

Europe is a major market and accounted for a leading share of about 43.5 percent in 2016. The primary reason for the region’s dominant position is the swift uptake of mobile edge computing on account of increasing monthly data usage and the rising adoption of devices having Internet of Things (IoT).

There are quite a few drivers that are bringing about phenomenal growth in the global mobile edge (MEC) computing market, the report said. One of them is the low latency networks, especially for media and entertainment purposes.

“MEC has the capability to hasten the distribution of media services by distributing content straight from the base station, which considerably improves the consumer experience in an aspect of high data traffic growth. This technology allows administrators to adapt traffic to the dominant radio circumstances, improve network efficiency and enhance service quality,” the report said.

Further, the growing number of IoT devices, automated cars, etc. are also supporting the growth of the mobile edge computing market. Moreover, the mobile edge computing market is predicted to see high demand worldwide owing to its growing application in different applications due to its low latency, high content delivery, and high quality of experience over the forecast period.