|08-03-2017 12:32 PM CET - IT, New Media & Software||
The Satellite M2M Market shows signs of renewed vigor in economies worldwide
Press release from: Big-Research
Big Market Research added a report on “Global Satellite M2M Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025”
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Satellite M2M Market is the process where information is transmitted through satellites from remote servers, which includes machine-to-machine communication, with the help of communication channels. It comprises of various technologies and network devices such as satellite telemetry, AIS, VSAT, modems, terminals, and others. It has created market opportunities for industry players by enabling hassle-free communication for various organizations. The global satellite M2M market is expected to grow at a CAGR of around 11% from 2017 to 2025.
Based on technology, the market is divided into satellite telemetry, Very Small Aperture Terminal (VSAT), and Automatic Identification System (AIS). According to services offered the market consists of managed services, data services, voice services, business services, and others. By end-user industry, it is categorized into aerospace and defense, banking, financial services, and insurance (BFSI), public sector, retail, healthcare, IT and telecom, energy and utilities, manufacturing, and others. Geographic breakdown is included for North America, Europe, Asia-Pacific, and LAMEA.
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Rise in demand for data communication services
Increasing application areas for M2M satellite communication among various industry verticals
Scarcity of infrastructural capabilities
Minimum awareness among end-users
The top players in the global satellite M2M market include ORBCOMM Inc., KORE Wireless Group, Inc., Inmarsat plc., Iridium Communications Inc., Globalstar, Inc., Rogers Communications Inc., Hughes Network Systems LLC., Telia Company AB, Orange SA, and ViaSat Inc.
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? Satellite Telemetry
? Very Small Aperture Terminal (VSAT)
? Automatic Identification System (AIS)
By Services Offered
? Managed services
? Data services
? Voice services
? Business services
By End-Use Industry
? Aerospace and Defence
? Banking, Financial Services, and Insurance (BFSI)
? Public Sector
? IT and Telecom
? Energy and Utilities
• North America
o Rest Of Europe
o South Korea
o Saudi Arabia
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