electronics formed the most dominating |
years, with the M2M adoption expected |
supply chain & logistics, energy & |
segment in India, followed by transport |
to increase over the next five years as |
utilities, retail and transportation |
and security & surveillance sectors. |
well in various verticals in India. |
segment to provide real-time remote |
Major factors driving adoption of |
“ Increase in number of government |
monitoring and tracking of assets for |
connected M2M devices include rising |
projects such as mandatory use of GPS |
enhanced security; government’ s M2M |
need for real-time remote monitoring for |
and e-calls in commercial passenger |
standardization initiatives; growing trend |
safety & security; growing demand for |
vehicles; smart cities; smart |
of combination modules to go hand-in- |
connected devices to reduce labor and |
transportation; and smart grids is driving |
hand with the trend of miniaturization of |
operational costs and need for smart |
the machine-to-machine( M2M) |
devices to provide better functionality |
energy management solutions to reduce |
modules market in the country. |
and features are among the major |
energy theft and transmission loss. In |
Consumer electronics segment, in terms |
factors driving M2M module sales in the |
accordance with these developments, |
of connected M2M devices, is expected |
country.”, said Mr. Karan Chechi, |
the market for transportation, retail and |
to continue its dominance in the Indian |
Research Director with TechSci |
home & buildings have been witnessing |
market in the coming years. Increasing |
Research, a research based global |
significant growth over the last few |
adoption of satellite M2M module in |
management consulting firm. |
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Spotlight On Indian electr nics
2016
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