Research and Markets (http://www.researchandmarkets.com/research/cpmgdg/global_m2m)
has announced the addition of the "Global
M2M Services Market 2014-2018: AT&T Inc., China Mobile Ltd., Verizon
Communications Inc & Vodafone Group Dominate the Market"
report to their offering.
The Global M2M Services market to grow at a CAGR of 21% to 2018.
One of the main drivers in this market is the increased adoption of M2M
services by individual users and enterprises. Nowadays, people across
the globe are increasingly using mobile devices such as smartphones,
tablets, and PDAs for personal and official purposes. Since these mobile
devices are intelligently connected with advanced M2M modules, smart
sensors, and software, individual users are increasingly adopting M2M
Satellite M2M services are gaining momentum in emerging geographies such
as the MEA region, Latin America, and Southeast Asia, mainly because the
penetration of low-cost wireless networks is very low in these
geographies. In addition, there has been a rapid increase in the demand
for M2M services in remote areas across the globe. The use of M2M
technology is extremely useful for applications, especially on ships.
M2M can help in applications such as trackig fishing vessels and
dangerous cargos and monitoring offshore wind farms. The Defense sector
is also using satellite M2M services to track combat assets. Several
terrestrial satellite providers such as Orbcomm Inc., Inmarsat plc, and
Iridium Communication Inc. are developing innovative M2M terrestrial
networks for offering services to communication providers. Hence, the
increased usage of satellite M2M services is a new trend that is
expected to boost the growth of the market over the next few years.
Further, the report states that one of the major challenges in this
market is the lack of coordination among the members of the fragmented
M2M value chain. The M2M value chain includes manufacturers,
connectivity providers, application service providers, service
providers, sellers, and re-sellers. Although this extensive value chain
supports M2M for its economic growth, the coordination among the value
chain members is complex. The interoperability at the level of the
hardware, software, and user interface is a major challenge for the M2M
market. This adverse effect of the lack of coordination in the value
chain prevents operators from offering complete solutions to end-users.
Key vendors dominating this space are:
Other prominent vendors mentioned in the report are:
Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/cpmgdg/global_m2m
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