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Global Cellular-based M2M VAS Market 2015-2019 - Adoption of M2M Cloud-based Platform a Major TrendDUBLIN, July 09, 2015 /PRNewswire/ -- Research and MarketsĀ (http://www.researchandmarkets.com/research/h5p6n5/global) has announced the addition of the "Global Cellular-based M2M VAS Market 2015-2019" report to their offering. The analysts forecast the global cellular-based M2M VAS market to grow at a CAGR of 33.14% over the period 2015-2019. M2M cloud-based platforms have helped MNOs reduce CAPEX and time-to-market for their products and service launches. It helps MNOs manage, develop, and assemble their service packages. In addition, cloud-based platorms help telecommunication operators in marketing, selling, integrating, developing, and supporting M2M connectivity and cloud-services across different business sectors such as retail and automotive. For instance, Axeda (acquired by PTC in 2014) and Jasper Wireless forged partnerships to adopt M2M cloud-based strategies and help MNOs to manage services offered to customers. According to the report, the rising number of cellular-based M2M connections and declining prices of M2M modules are driving the market. A large number of consumers and enterprises are adopting cellular-based M2M connections. Further, most retailers and banks worldwide use cellular-M2M connection to execute secure payments and transactions in real-time. Further, the report states that integration among M2M products is a major challenge for this market. Key Vendors
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For more information visit http://www.researchandmarkets.com/research/h5p6n5/global Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-cellular-based-m2m-vas-market-2015-2019---adoption-of-m2m-cloud-based-platform-a-major-trend-300113570.html SOURCE Research and Markets |