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If there is a positive momentum in terms of growth for Global M2M Network Security Market, unfortunately, one of the major factors hindering the growth of this market is technical defects and related high costs of M2M network security solutions.
According to Research and Markets, the lack of accuracy of the M2M network security solutions is a major challenge that affects the profits of the vendors.
Among key vendors, we have: Cisco Systems, Gemalto, Kore Wireless, Numerex, PTC (Axeda).
The analysts forecast the global M2M network security market to grow at a CAGR of 26.27% during the period 2017-2021.