M2M Services market can be segmented on the basis of technology, verticals, and geography.
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M2M is a technology that enables communication through wired and wireless technology. The exchange of information takes place between machines and devices or sensors. It is used in various industries such as Healthcare, Automotive, Oil and Gas, Transportation, Public Safety, and Retail for improving operational functioning, enhancing productivity, and reducing costs. It is widely used in connected health, connected car, smart metering, fleet tracking, intelligent buildings, and POS terminals. It is used to monitor the condition of patients in real time, manage machines from a remote location, and can easily identify critical situations.
