Press release
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
About Satellite M2M Technology
Satellite M2M technology enables communication of data or information between electronic devices with the help of satellite networks. Satellite M2M is widely adopted in regions where cellular networks are not available, or their reach is limited. Oil and gas firms, enterprises, and government organizations worldwide are adopting satellite M2M due to its wide reach and low cost. Satellite M2M can also 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 Capex.
BMR’s analysts forecast 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.
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Covered in this report
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 market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
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BMR's report, Global Satellite M2M Connections and Services Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Globalstar
• Iridium Communications
• Kore
• ORBCOMM
• Rogers Communications
Other prominent vendors
• Applied Satellite Technology
• Digi International
• Gemalto
• Hughes Network System
• Nupoint Systems
• Oracle
• Quake Global
• Sprint
• Teliasonera
• Telit
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