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M2M Services Market in Retail Industry in the US 2015-2019

M2M Services Market in Retail Industry in the US 2015-2019

About M2M Services in Retail Industry

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.

Technavio's analysts 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.

Covered in this Report

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.

Technavio's report, 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 Vendors

  • AT&T
  • Rogers Communications
  • Verizon Communications
  • Vodafone Group
Other Prominent Vendors
  • 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
  • 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?


Press Release

Technavio Announces the Publication of its Research Report – M2M Services Market in Retail Industry in the US 2015-2019

Technavio recognizes the following companies as the 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

Commenting on the report, an analyst from Technavio’s team said: “Retailers worldwide strive to provide an innovative experience to shoppers. They have started to use M2M-based digital signage to provide users with essential information about new product launches, latest additions in product lines, and discounts. M2M-based digital signage is used to increase customer engagement by sending targeted advertisements based on customer profile, that is, location, demography, gender, and age. It is also used to display video messages at the POS. M2M-based digital signage provides information on a real-time basis. It provides better features than traditional print-based displays. It helps retailers save time and money and enhances their customer outreach. Digital signage also enhances the brand image from a consumer's perspective.”

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.

Further, the report states that the lack of standardization among M2M devices is hampering the growth prospects of the market.

Companies Mentioned

AT&T, Rogers Communications, Verizon Communications, Vodafone Group, 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, Xerox Transportation Solution

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
    • Table Use of M2M in Retail Industry
  • Market Landscape
    • Market Overview
      • Table Role of M2M in Retail Industry
      • Intelligent Vending Machines
        • Table Features of Intelligent Vending Machines
        • Table Benefits of Intelligent Vending Machines
      • Benefits of M2M in Retail Industry
    • Convergence of Retail and IT and Adoption of M2M
      • Table Adoption of M2M Solutions and Services in Retail Industry
    • M2M in Supermarket Case Study
      • Table Benefits of M2M Services in Retail Space
      • Table M2M Retail Ecosystem in FMCG Industry
      • Table M2M Services Market in Retail Industry in US: Overview
    • Market Size and Forecast
      • Table M2M Services Market in Retail Industry in US 2014-2019 ($ million)
    • Five Forces Analysis
  • M2M Connections Market in Retail Industry in US
    • Table M2M Connections Market in Retail Industry in US 2014-2019 (million units)
    • Table M2M Connections Market in Retail Industry in US by Type of Device 2014
    • Table M2M Connections Market in Retail Industry in US by Type of Device 2014-2019 ( million units)
    • M2M Connections Market in Retail Industry in US by POS Devices
      • Market Size and Forecast
        • Table M2M Connections Market in Retail Industry in US by POS Devices 2014-2019 (million units)
    • M2M Connections Market in Retail Industry in US by Vending Machines
      • Market Size and Forecast
        • Table M2M Connections Market in Retail Industry in US by Vending Machines 2014-2019 (million units)
    • M2M Connections Market in Retail Industry in US by ATMs
      • Market Size and Forecast
        • Table M2M Connections Market in Retail Industry in US by ATMs 2014-2019 (million units)
    • M2M Connections Market in Retail Industry in US by Parking Meters
      • Market Size and Forecast
        • Table M2M Connections Market in Retail Industry in US by Parking Meters 2014-2019 (million units)
    • M2M Connections Market in Retail Industry in US by Public Transport Ticketing Devices
      • Market Size and Forecast
        • Table M2M Connections Market in Retail Industry in US by Public Transport Ticketing Devices 2014-2019 (million units)
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table M2M Analytics Ecosystem
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Mergers and Acquisitions
    • Market Share Analysis 2014
    • Emerging Vendors
      • ATM and Connectivity Solution Providers
      • Parking Solution Providers
      • POS Terminal Providers
      • Public Ticketing Solution Providers
      • Vending Machine Providers
      • Vending Telemetry Solution Providers
    • Other Prominent Vendors
  • Key Vendor Analysis
    • AT&T
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table AT&T: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table AT&T: Business Segmentation by Revenue 2012 and 2013 ($ million)
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Rogers Communications
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Rogers Communications: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Rogers Communications: Business Segmentation by Revenue 2012 and 2013 ($ billion)
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Verizon Wireless
      • Key Facts
      • Business Overview
      • Key Products and Services
        • Table Verizon Wireless: Key Products and Services
      • Business Strategy
      • SWOT Analysis
    • Vodafone
      • Key Facts
      • Business Overview
      • Geographical Segmentation by Revenue 2014
        • Table Vodafone: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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