DUBLIN -- (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/research/g3fkvb/m2m_satellite) has announced the addition of the "Global M2M Satellite Communication Market Report 2014 - 2019" report to their offering.
Machine-to machine (M2M) market represents an interesting and potentially huge revenue stream for the satellite industry. Terrestrial network currently covers only 10% of the world, and has created a need to switch toward satellite networks which would help to cover the remaining 90% of the world, making it the most attractive aspect of satellite M2M connectivity.
This report highlights in detail the M2M satellite communication technology, communication network devices, and services and how these are helpful in tracking machines and devices and also in providing real-time information.
Strategic alliance is the trend seen in this market, where network providers come together with application developers to provide end-to-end solution to the customers. Also, there have been cases of machine manufacturers getting into an agreement with solution providers.
The M2M satellite communication market comprises verticals such as automobile and telecommunication, transportation and logistics, oil and gas, energy and utility, mining, maritime, agriculture, healthcare, and public affairs. In 2014, the automobile and telecommunication vertical has the highest market share. However, in 2019, the revenue from transportation and logistics is expected to exceed that of automobile and telecommunication.
Scope of the Report
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