Machine to Machine (M2M) market in India to grow at a CAGR of 33.81 percent over the period 2012-2016. The new income opportunities generated through the adoption of M2M technology constitute one of the key factors for this market growth. The M2M market in India has also been witnessing a shift from voice services to data services. However, the lack of coordination among the members of the fragmented value chain could pose a challenge to the growth of this market. TechNavio's report, the Machine to Machine (M2M) Market in India, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the M2M market landscape in Indian and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this space include Bharti Airtel, Idea Cellular Ltd., Tech Mahindra and Wipro Ltd.
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