Wednesday 29 July 2015, Amsterdam
The report recognizes the following companies as the key players in the M2M Connections and Services Market in China: China Mobile Ltd., China Unicom (Hong Kong) Ltd., China Telecom Corp. Ltd., Huawei Technology Co. Ltd., and ZTE Corp.
Other Prominent Vendors in the market are: Digi International, Gemalto, Infineon Technologies, Jasper Technologies, Novatel Wireless, Oracle, Qualcomm, Quectel Wireless Solutions, Red Bend, SAP, Sierra Wireless, Telit, TransWiseway, and U-blox.
Commenting on the report, an analyst said: “The adoption of M2M cloud-based platform is a major trend observed in this market. Currently, most MNOs are adopting a M2M cloud-based platform that helps them in reducing CAPEX and time-to-market for their product and service launches.”
According to the report, one driver that promotes growth in this market is the increase in development of smart cities. The development of a smart city includes identifying an urban area and facilitating economic growth and improved quality of life by the use of technologies such as M2M.
Further, the report states that privacy and security issues pose a significant challenge to the market. The chances of data leakage via mobile technologies are always high. For instance, in healthcare, data leakage can cause misuse of a patient’s health-related information. In addition, the growing use of wearable devices increases the chance of data leakage.
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