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Embedded SIM Market Research Report, 2018-2028

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Machine to Machine (M2M) or Internet of Things (IoT) is a broad term used to denote any technology that lets objects, devices, and machines to interact and exchange information without human intervention. The interaction between these objects is carried out through sensors, actuators and communication modules inserted into the device. M2M/IoT is a revolutionary field which is expected to play a crucial role in growth of many businesses, sectors, and services. Some of the areas in which M2M/IoT finds its application are conveyor belts and robots in factories, irrigation machinery and tractors in farms; from hand drills to heavy machineries; from bus fleets to jet engines; from home appliances to monitoring health; and from Smart Grid to Smart City, among others.

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M2M basically works on four principles:

  • Gathering data through RFID, sensors, and related devices
  • Transmitting data through a specific network channel
  • Using intelligent application solutions to make decisions
  • Based on analyzed data and pre-determined rule sets, triggering an action

View Complete Report: Embedded SIM Industry

The insights on industry dynamics, trends, upcoming technologies, recent developments, and market analysis of end-use industries using eSIM technology, including consumer electronics and automotive. Below info-graph gives the complete coverage of different end-use industries such as automotive, consumer electronics, and others in the eSIM market.

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