What is the market size for the ?

. <a href='https://www.technavio.com/report/global-machine-machine-m2m-and-connected-devices-m2m-services-retail-industry-market'>Read More</a>

What is the CAGR for the ?

. <a href='https://www.technavio.com/report/global-machine-machine-m2m-and-connected-devices-m2m-services-retail-industry-market'>Read More</a>

What is the growth rate of the market?

. <a href='https://www.technavio.com/report/global-machine-machine-m2m-and-connected-devices-m2m-services-retail-industry-market'>Read More</a>

Which region held the largest market share in the market?

. <a href='https://www.technavio.com/report/global-machine-machine-m2m-and-connected-devices-m2m-services-retail-industry-market'>Read More</a>

Who are the prominent players in the market?

. <a href='https://www.technavio.com/report/global-machine-machine-m2m-and-connected-devices-m2m-services-retail-industry-market'>Read More</a>

Global M2M Services Market in the Retail Industry 2016-2020

Q: What is the market size for the ?

. <a href='https://www.technavio.com/report/global-machine-machine-m2m-and-connected-devices-m2m-services-retail-industry-market'>Read More</a>

Q: What is the CAGR for the ?

. <a href='https://www.technavio.com/report/global-machine-machine-m2m-and-connected-devices-m2m-services-retail-industry-market'>Read More</a>

Q: What is the growth rate of the market?

. <a href='https://www.technavio.com/report/global-machine-machine-m2m-and-connected-devices-m2m-services-retail-industry-market'>Read More</a>

Q: Which region held the largest market share in the market?

. <a href='https://www.technavio.com/report/global-machine-machine-m2m-and-connected-devices-m2m-services-retail-industry-market'>Read More</a>

Q: Who are the prominent players in the market?

. <a href='https://www.technavio.com/report/global-machine-machine-m2m-and-connected-devices-m2m-services-retail-industry-market'>Read More</a>

Published: Apr 2016
Pages: 59
SKU: IRTNTR8260

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Market outlook of the M2M services market in the retail industry

Technavio’s research analyst predicts the global M2M services market in the retail industry to grow steadily at a CAGR of almost 34% during the forecast period. The rise in the adoption of retail security systems is the primary growth driver for this market. M2M security systems in the retail segment play a crucial role by preventing unaccounted and accidental losses of inventory. These systems detect intrusion and shoplifting, deal with fires and explosions, and manage a wide variety of access authorizations.

Another trend that is driving the growth of the M2M services market in the retail industry is the rising adoption of M2M services in supply chain management. M2M services allow enterprises to improve their existing supply chain processes by facilitating the remote monitoring of vehicles. The adoption of these services in supply chain management is on the rise as it enables facilities such as inventory level monitoring, fleet tracking, event-based monitoring, and inventory condition monitoring.