|[October 13, 2016]
Global Satellite M2M Connections and Services Market 2016-2020: Market to Grow at a CAGR of 14.54% and 9.95% Respectively - Research and Markets
Research and Markets has announced the addition of the "Global
Satellite M2M Connections and Services Market 2016-2020" report
to their offering.
The global satellite M2M connections and services market to grow at a
CAGR of 14.54% and 9.95% respectively during the period 2016-2020.
Satellite M2M can fulfill several applications across transportation and
logistics, oil and gas, mining, maritime, agriculture, manufacturing,
energy and utilities, healthcare, and public sectors. Cellular M2M can
provide video surveillance, remote diagnostics of vehicles, fleet
management, and asset tracking. Satellite M2M helps industries enhance
their operational efficiency and productivity by reducing their overall
The report covers the present scenario and the growth prospects of the
global satellite M2M connections and services market for 2016-2020. To
calculate the market size, the report considers the revenue generated
from equipment, retail services, value-added services, and revenue from
implementation of satellite M2M. The report also includes a discussion
of the key vendors operating in this market.
One of the key trends for market rowth will be increased use of
satellite M2M for event-based SCADA applications. With the growing
popularity of satellite M2M devices for asset tracking, remote
monitoring, and controlling, the demand for satellite M2M for
event-based SCADA applications has increased significantly. In remote
areas, the availability of cellular service is limited, and satellite
broadband is an expensive solution for SCADA applications.
In these areas, SCADA system integrators rely on satellite M2M for its
reduced power consumption and minimum capital investment. While the
implementation of satellite M2M for SCADA monitoring is a time-consuming
process, it will likely pay off in the long term. ORBCOMM (News - Alert), which
provides asset monitoring and messaging services and devices, is used by
system integrators to monitor and control oil and gas flow meters and
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Iridium (News - Alert) Communications
Other prominent vendors
Applied Satellite Technology
Digi International (News - Alert)
Hughes Network System
Sprint (News - Alert)
For more information about this report visit http://www.researchandmarkets.com/research/mj3w5w/global_satellite
View source version on businesswire.com: http://www.businesswire.com/news/home/20161013005623/en/
[ Back To TMCnet.com's Homepage ]