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Research and Markets: The M2M Modules Market in India is Projected to Cross USD4.4 Billion By 2020Research and Markets (http://www.researchandmarkets.com/research/z5hxc4/india) has announced the addition of the "India Machine-to-Machine Modules Market Forecast and Opportunities, 2020" report to their offering. The rising trend of Internet of Things, increasing automation to reduce operational and labor costs, and growing efforts to reduce greenhouse emissions is driving the M2M modules market in the country. Short-range M2M modules dominate the current M2M market landscape, followed by Cellular and Satellite. India's machine-to-machine (M2M) modules market is one of the fastest-growing M2M markets in the Asia-Pacific. The rising need for automation and real-time monitoring and tracking of objects and the growing trend of connected devices is shifting the focus of consumers to M2M devics. The rise in number of favorable government initiatives and regulations has also been driving the adoption of M2M modules across diverse sectors. Government projects such as smart cities, smart grids, smart transportation, etc., efforts to reduce operational costs while providing advanced security systems, deployment of M2M devices in sectors such as healthcare, etc., for remote monitoring, is driving deployment of machine-to-machine (M2M) modules in the country. Growing usage of combination M2M modules and projected decline in average selling prices is further forecast to propel demand in the ensuing years. Companies Mentioned: - Cisco Systems (India) Private Limited - Ericsson India Private Limited - Huawei Telecommunications (India) Company Private Limited - Quectel Wireless Solutions Co. Ltd - SIMCom Wireless Solutions Co., Ltd - Sierra Wireless Hong Kong Limited - Telit Wireless Solutions (News - Alert) Co., Ltd - ZTE Telecom India Private Limited - uBlox AG For more information visit http://www.researchandmarkets.com/research/z5hxc4/india. About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on businesswire.com: http://www.businesswire.com/news/home/20150622006210/en/ |
