SPOTLIGHT ON INDIAN ELECTRONICS Spotlight on Indian Electronics | Page 242

HIGH PRIORITY MARKET

India Machine-to-Machine Modules Market Forecast and Opportunities,

2020

Key Players in India

Cisco Systems( India) Private Limited 2nd floor, Brigade South Parade, 10, M. G. Road, Bangalore- 560 001, Karnataka, India T: + 91 80 4159 3000, F: + 91 80 2532 7282 W: cisco. com
Ericsson India Private Limited Ericsson Forum DLF Cybercity, Sector-25A, Gurgaon- 122002, Haryana, India T:+ 91 124 415 1201, F:+ 91 124 256 5420 W: ericsson. com / in
Gemalto Digital Security Private Limited B-23, Ground Floor, Sector 65, Noida-201301 T: + 91 120 4788000 W: gemalto. com
Huawei Telecommunications( I) Company Pvt. Ltd. 14th Floor, Tower C, Unitech Cyber Park, Sector-39, Gurgaon-122002, Haryana T: + 91-124-4774700, F: + 91-124-4774863 W: consumer. huawei. com / in
Sierra Wireless Hong Kong Limited New Bridge Business Centres, # 777 / D, 100 Feet Road, Indiranagar, HAL 2nd Stage Bangalore – 560 038 T: + 91 98 8603 8895, F: + 91 80 4152 5481 W: sierrawireless. com
ZTE Telecom India Private Limited Building No. 10, Tower B, 6th Floor, DLF Cybercity, Gurgaon-122002, India T: + 91-124-4323000, F: + 91-124-4067329,30 W: zte. com. cn
u-blox India # 26, DBS House, No, 602, IV Floor, Cunningham Road, Bangalore- 560 052 T: + 91-80-40509200, F: + 91 + 80 + 40509300 E: info _ in @ u-blox. com, W: u-blox. com / en Nicholas Thang
3G Cellabs Pvt. Ltd Aakanksha, 1st Floor, 8-2-293 / 82JIII / 564A- 22 / 1, Road Number 92, Kasu Brahmananda Reddy National Park, Jubilee Hills, Hyderabad- 500033, Telangana T: + 91-40-65896100 E: contactus @ celllabs. com W: celllabs. com
India machine to machine( M2M)
According to“ India Machine-tomodules
market is one of the fastest
Machine( M2M) Modules Market
growing M2M markets in Asia-Pacific.
Forecast & Opportunities, 2020”, the
Rising need for automation and real-
M2M modules market in India is
time monitoring and tracking of objects
projected to cross USD4.4 billion by
and growing trend of connected devices
2020. Rising trend of Internet of Things
is shifting focus of consumers to M2M
( IOT), increasing automation to reduce
devices. Rise in number of favorable
operational and labor costs, and
government initiatives and regulations
growing efforts to reduce greenhouse
have also been driving the adoption of
emissions is driving M2M modules
M2M modules across diverse sectors.
market in the country. Short range M2M
Government projects such as smart
modules dominate the current M2M
cities, smart grids, smart transportation,
market landscape, followed by Cellular
etc., efforts to reduce operational costs
and Satellite. Currently, India M2M
while providing advanced security
modules market is mainly an import
systems, deployment of M2M devices in
driven market and dominated by
sectors such as healthcare, etc., for
leading global M2M players such as
remote monitoring, is driving
Telit, Gemalto, Sierra Wireless and
deployment of machine-to-machine
SIMCom. Consumer electronics,
( M2M) modules in the country. Growing
healthcare, transport, security and
usage of combination M2M modules
surveillance, energy and utilities, supply
and projected decline in average selling
chain and logistic sectors are some of
prices is further forecast to propel
the key application areas where M2M
demand in the ensuing years.
modules are being used.
India Machine-to-Machine Modules Market to Cross USD4.4 Billion by 2020
Growing need for automation and real-
M2M modules to provide better
time monitoring across various sectors
connectivity. Machine-to-Machine
to drive machine-to-machine( M2M)
( M2M) market in India is in its nascent
modules market in India through 2020.
stages, but demonstrates tremendous
According to TechSci Research report,
potential for growth.
“ India Machine-to-Machine Modules
Growing application of M2M in various
Market Forecast and Opportunities,
sectors including energy and utilities,
2020”, M2M modules market in India is
logistics, automotive, consumer
projected to cross USD4.4 billion by
electronics, coupled with favorable
2020. Over the last few years, India has
government initiatives such as smart
emerged as one of the fastest growing
cities, smart meters, etc. is projected to
market for M2M modules in APAC. The
drive rapid growth in India M2M market
market is expected to witness
in the coming years. However, over the
tremendous growth on account of rising
past few years, machine-to-machine
government projects in India and
has undergone radical changes in terms
increasing need for remote monitoring,
of standardization, globally. This has
tracking and controlling security and
also led to robust growth in adoption of
surveillance activities across various
cellular M2M modules, and
verticals such as supply chain and
consequently, this category has
logistics, energy and utilities, etc., and
emerged as the fastest growing M2M
ongoing technological developments in
module type in India. In 2014, consumer
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