TMCnet News
M2M Satellite Communication Market by Technology, Communication Network Device, Service, Vertical, Region - Global Forecast to 2020NEW YORK, Jan. 14, 2016 /PRNewswire/ -- There has been a widespread progression in terrestrial, wireless, and satellite networks across the globe in the past two decades, developing the platform for Machine-to-Machine (M2M) equipment and applications for benefitting from these prevalent networks. M2M satellite communication solutions are being expansively used for telemetry, remote monitoring, logistical tracking, safety, and scientific monitoring, across diverse verticals such as maritime, aviation, and agriculture among others. Moreover, the emergence of M2M satellite communication has helped organizations track their remote assets and workforce without human intervention, utilizing the satellite networks and exhibits large potential. In the years to come, M2M satellite communication solution providers are likely to focus on reducing the cost associated with bandwidth and network devices along with offering superior value added services to users. At present, M2M satellite communications solutions lack adaptability with existing infrastructure such as terminals which acts as a restraint for this market to grow. Thus solutions vendors intend to offer interoperable solutions that are compatible with divers devices. The major driving force for the M2M satellite communications market is the growing need for enriched data communication. Today, companies are focusing on the satellite networks for asset tracking and management in unmanned areas to increase their productivity. Over the years, the maritime and aviation industry verticals have been increasingly adopting the solution as it is imperative for these companies to monitor and manage their remote assets where cellular network outages are frequent. Considering this, the report further helps to identify the latest patterns and trends intensifying the growth of the M2M satellite communication market across all regions. Read the full report: http://www.reportlinker.com/p03156685-summary/view-report.html To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/m2m-satellite-communication-market-by-technology-communication-network-device-service-vertical-region---global-forecast-to-2020-300204855.html SOURCE Reportlinker |