Report forecast the M2M services market in the retail
industry in the US to grow at a CAGR of 23.55% over the period 2015-2019.
M2M is a communication technology that allows
intelligent machines to monitor and control shared information through wired
and wireless communication, without any human intervention. M2M services are
used in the healthcare, automotive, oil and gas, transportation, and retail
industries. They are extensively used in the retail industry for real-time
payments and transactions and tracking inventory levels, vending machines,
ATMs, parking meters, transport management, smart cashier management, security
and surveillance, and to analyze customer behavior at retail outlets. Financial
institutions and banks have started using M2M technology to track remote
financial transactions at retail stores.
On the basis of connections, the M2M services market
in the retail industry in the US can be classified into five: POS devices,
vending machines, ATMs, parking meters, and public transport ticketing devices.
According to the report, wireless technologies have
evolved significantly over the years. Advances in these technologies have led
to a corresponding increase in the use of M2M services in POS terminals. Many
retailers in the US use M2M technology to execute secure real-time payments and
transactions. Consumers also use M2M technology while making online payments
through POS terminals. In addition, banks are using this technology to keep
track of the financial transactions of retail outlets and ATMs. In the
logistics industry, this technology is used in vending machines to track and
monitor purchases made and enhance the supply chain management.
The M2M Services Market in the Retail Industry in the
US 2015-2019, has been prepared based on an in-depth market analysis with
inputs from industry experts. It covers the market landscape and its growth
prospects in the coming years. The report includes a discussion of the key
vendors operating in this market.
Key players in M2M Services Market in Retail Industry
in the US 2015-2019: AT&T, Rogers Communications, Verizon Communications
and Vodafone Group
Other Prominent Vendors in the market are: Apriva,
Atos Worldline, Automated Merchandising Systems, Cantaloupe Systems, Coinco,
Contour Networks, Crane, cStar Technologies, Cubic Transportation Systems,
CyberNet, Diebold, Digi International, Duncan Solutions, Ingenico, INIT, IPS
Group, Jofemar, MacKay Meters, Metric Group, Microtronic, Nayax, NCR,
OptConnect, PAX Technology, Royal Vendors, Sandenvendo, Scheidt & Bachmann,
Seaga, Siemens, Smarcom, Thales, USA Technologies, VendScreen, VeriFone,
Vendon, Vianet, Vix, Wittern Group and Xerox Transportation Solution
Market Driver
- Use of M2M for POS payments
- For a full, detailed list, view our report
Market
Challenge
- Lack of standardization
- For a full, detailed list, view our report
Market Trend
- Use of M2M for digital signage
- For a full, detailed list, view our report
Key Questions
Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- 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 key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 70 pages, “M2M Services Market in Retail Industry in the US
2015-2019” report covers Executive Summary, List of
Abbreviations, Scope of the Report, Market Research Methodology, Introduction,
Market Landscape, M2M Connections Market in Retail Industry in US, Buying Criteria,
Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of
Drivers and Challenges, Market Trends, Trends and their Impact, Vendor
Landscape, Key Vendor Analysis.
For
further information on this report, please visit-
http://mrr.cm/4sk
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