Global Satellite M2M Connections and Services Market 2015- www.technavio.co m enquiry@technavi o.com
Aug 14, 2015
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Global Satellite M2M Connections and Services Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Global Satellite M2M Connections and Services
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Key Trends
Technavio’s Senior Analyst says, “Increased use of satellites for safety and security purposes is one of the major factors that contribute to the growth of the market. Oil and gas and transportation companies are adopting satellite M2M to protect their ships against threats such as terror attacks, armed robbery, and piracy.”
• Satellite M2M technology enables the communication of data and information among electronic devices with the help of satellite networks. Satellites communication provides a huge opportunity for the M2M industry. Terrestrial networks covers only 10% of the world and the remaining is covered via satellite networks.
• Technavio's analysts forecast the global satellite M2M services market to grow at a CAGR of 7.43% and the global satellite M2M connections market to grow at a CAGR of 12.68% during the forecast period.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Satellite M2M Connections and Services Market 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Global Satellite M2M Connections and Services Market 2015-2019
Globalstar
Iridium Communications
ORBCOMM
Globalstar was founded in 2003 and is headquartered in Covington, Louisiana, US. It is one of the world's leading providers of MSS. The company offers data communication and mobile voice services globally via satellite.
Iridium Communications was founded in 2000 and is headquartered in Virginia, US. The company provides MSS for voice and data communication. Its customers include the US government, governments of other nations worldwide, and non-governmental organizations.
ORBCOMM was founded in 1993 and is headquartered in New Jersey, US. It is a global provider of M2M communication solutions such as network connectivity, devices, and web reporting applications. These solutions assist clients in achieving optimal business and asset efficiency.
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Market Landscape
• The global satellite M2M services market will likely grow steadily during the forecast period.
• Increase in demand for real-time data communication, adoption of satellite communication for monitoring of oil and gas rigs, and the growing partnership between satellite and M2M providers are the key factors driving the market.
• North America and Western Europe are the main regions where demand for satellite M2M services is high.
• This demand is also increasing in the emerging countries of APAC owing to increased need for low-cost data communications.
• M2M has removed the delay in data transfer that was associated with satellite data communications in the past, and has created opportunities for real-time tracking and monitoring of several applications.
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Key Buying CriteriaGuest BloggersParameter Details
Network Coverage
The networks of service providers should cover the widest area possible.
Bandwidth Speed The speed of VSAT or MSS networks should be high enough to provide real-time services.
Power ConsumptionThe equipment should use minimal solar/battery power. The battery life cycle should be high and take up less space for battery installation.
Durability The equipment should be waterproof to avoid rusting.
Reliability The equipment and services must be updated with advanced technologies and be available during an emergency.
Easy Deployment The deployment of equipment should take the least time possible.
Cost-effectiveness The price of equipment and its installation cost should be low.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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