Global M2M Services Market in the Retail Industry 2016-2020
Published: Apr 2016 | Pages: 59 | SKU: IRTNTR8260 |
Market outlook of the M2M services market in the retail industry
Technavio’s research analyst predicts the global M2M services market in the retail industry to grow steadily at a CAGR of almost 34% during the forecast period. The rise in the adoption of retail security systems is the primary growth driver for this market. M2M security systems in the retail segment play a crucial role by preventing unaccounted and accidental losses of inventory. These systems detect intrusion and shoplifting, deal with fires and explosions, and manage a wide variety of access authorizations.
Another trend that is driving the growth of the M2M services market in the retail industry is the rising adoption of M2M services in supply chain management. M2M services allow enterprises to improve their existing supply chain processes by facilitating the remote monitoring of vehicles. The adoption of these services in supply chain management is on the rise as it enables facilities such as inventory level monitoring, fleet tracking, event-based monitoring, and inventory condition monitoring.
Segmentation by connection of the M2M services market in the retail industry
- POS terminals
- Vending machines
- ATMs
- Smart parking meters
- Fare ticketing devices
The POS terminals segment led the M2M services market in the retail industry and accounted for almost 87% of the market share during 2015. Increasing adoption of these devices helps retailers in bridging the gap between the online and offline shopping experiences by delivering engaged in-store experiences for customers using app data.
Geographical segmentation of the M2M services market in the retail industry
- Americas
- APAC
- EMEA
The Americas occupied the largest share of the M2M services market in the retail industry and accounted for nearly 50% during 2015. The US generated the maximum revenue in this region. The increasing adoption of POS and M2M services among supermarket retailers, restaurants, and hotel owners, and small and medium-sized retailers are the major drivers for the growth of this region.
Competitive landscape and key vendors
The global M2M services market in the retail industry is highly competitive as major players as well as new entrants are increasingly focusing towards providing M2M services in the retail sector. The reason for this shift is the high adoption of POS terminals, ATMs, vending machines, and smart meters among government agencies, retailers, financial institutions, and enterprises.
The leading vendors in the market are -
- AT&T
- Deutsche Telekom
- Rogers Communications
- Verizon Communications
- Vodafone
Other prominent vendors in the market include Cantaloupe Systems, Carriots, CCV, Coinco, cStar Technologies, CyberNet, e2Solutions, FARA, FAS International, Happiest Minds, Indra, INIT, Jofemar, JT Wholesale, M2M Connectivity, Margento, MEI, Metric Group, Microtronic, MobiquiThings, N&W Global Vending, Nayax, Orange Business Services, ParkMe, Podsystem, POM, POSUnlimited, Robustel, Royal Vendors, Siemens, Singtel, Smarcom, USA Technologies, VendScreen, Vianet, Vix, Wittern Group, and Zazoo.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global M2M services market in the retail industry?
- What are the key market trends impacting the growth of the global M2M services market in the retail industry?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global M2M services market in the retail industry?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global M2M services market in the retail industry?
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Table of Contents
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by connections
- Global M2M services market in retail industry by connections
- Global M2M services market in retail industry by connections
- Global M2M services market in retail industry by POS terminals
- Global M2M services market in retail industry by vending machines
- Global M2M services market in retail industry by ATMs
- Global M2M services market in retail industry by smart parking meters
- Global M2M services market in retail industry by fare ticketing devices
PART 07: Geographical segmentation
- Global M2M services market in retail industry by geography
- M2M services market in retail industry in Americas
- M2M services market in retail industry in EMEA
- M2M services market in retail industry in APAC
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
- Competitive scenario
- Mergers and acquisitions
- Solution providers
- Market share analysis
- Other prominent vendors
PART 14: Appendix
- List of abbreviations
PART 15: Explore Technavio
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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