According to 6Wresearch, India Machine to Machine (M2M) modules market is expected to reach $98.38 million by 2016, with a CAGR of 33.81% from 2011-2016. Cellular M2M modules are expected to grow with relatively highest CAGR of 35.32% for the same period.

The increasing demand for remote monitoring & control, government initiatives, new income opportunities for MNOs, launch of 3G networks and reducing human efforts are the factors that have spurred the Indian M2M market.

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MARKETS COVERED
The report “India M2M modules market (2011-2016)” forecasts and estimates market size, market revenues by modules, applications, unit shipments, vendors market share and provide detailed analysis of following key market segments:

• Machine to Machine modules types:
• Short Range modules: Wi-Fi, Bluetooth, Zigbee and others.
• Cellular modules: 2G and 3G
• Satellite modules
• Applications: Utilities, Security, Automotive, Transport & Logistics, Healthcare and Retail & Financial Services

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