Global M2M Network Security Market 2014-2018: Key Vendors are Axeda, Cisco, ILS and Sierra Wireless

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Sep 19, 2014, 01:30 ET

DUBLIN, September 19, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/3bhhzv/global_m2m) has announced the addition of the "Global M2M Network Security Market 2014-2018" report to their offering.

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M2M communications enable data sharing between two or more machines in real time. A sensor attached to the machine captures the event and relays through a secure network, which can be wireless or wired. It then collects at the other side to initiate the necessary action. M2M communications have numerous advantages for organizations as it reduces human intervention and enables task automation, which significantly improves an organization's resources and business efficiency.

M2M network security provides protection at the device level in the form of embedded SIM and at the network level in the form of gateways. Securing an organization's network is of paramount concern as cyber-attacks have become increasingly sophisticated. The adoption of M2M connections is set to witness rapid growth in the coming years.

The analysts forecast the Global M2M Network Security market will grow at a CAGR of 22.9 percent over the period 2013-2018.

This report covers the present scenario and the growth prospects of the Global M2M Network Security Market for the period 2014-2018. The report considers revenue generated from the sales of M2M network security products, which includes embedded SIMs and gateways. It also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Global M2M Network Security Market. The report also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.

One emerging trend in the market is an increase in the number of cyber-attacks on M2M networks. The Consumer Electronics and Automotive sectors have been witnessing a number of cyber-attacks over the years, which are likely to increase during the forecast period of 2013-2018 leading to more end-users investing in M2M network security products.

According to the report, The Global M2M Network Security market is majorly driven by the rise in adoption of M2M applications. M2M applications provide huge benefits for organizations; however, the rise in M2M connections and intelligent remote machines increases the vulnerability of networks. This leads to organizations increasingly adopting network security solutions.

Further, the report states that complexities during the implementation of M2M network security solutions is one major challenge in the market. An organization's network is prone to vulnerabilities and security risks with its growth and complexity. Managing security in such large networks is a critical issue, especially in every end-point.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Description

07. Market Landscape

08. Market Segmentation by End-users

09. Geographical Segmentation

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape

18. Key Vendor Analysis

19. Other Reports in this Series

Companies Mentioned: