Scope of the Study
Machine to machine satellite communication is a communication method that enables communication between both wireless and wired systems to the corresponding devices effectively. The major applications of satellite M2M connection are telemetry, logistical tracking, sensing, and remote monitoring. Thus, increasing applications of M2M satellite communication is driving the market. Additionally, low cost for integrating satellite into existing m2m systems have been supplementing the market. However, lack of infrastructure to support the service and data rates and rising privacy and security concern among end users have been limiting the overall growth of the market. Moreover, rising adoption of the high-speed spectrum and increasing demand for satellite M2M connections and services for telemetry, logistical, tracking and remote monitoring can be considered as an opportunity for the market.
The market study is being classified, by Application (Telemetry, Logistical Tracking, Tracking and Sensing, Remote Monitoring and Others) and major geographies with country level break-up. According to AMA, the Global Satellite M2M Connections and Services market is expected to see growth rate of 10.9%
Globalstar (United States), Iridium Communications (United States), Kore.ai, Inc. (United States), Orbcomm (United States), Rogers Communications (Canada), Applied Satellite Technology (United Kingdom), Digi International (United States), Gemalto M2M (Germany), Hughes Communications (United States) and Nupoint Systems Inc. (Canada) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Oracle Corporation (United States), Quake Global (United States), Sprint Corporation (United States) and Telia Company (Sweden).
Earlier, the global satellite M2M connection and services market was highly concentrated to very few players including Globalstar, Applied Satellite Technology, Hughes Communications, and few others. Thus the market was showing strategic monopoly in a moderately competitive environment. However, with respect to minimal initial investments in satellite M2M connection and service providers have favored the number of new entrants to gain market share from the local market. The global leaders business might be affected due to new entrants. Moreover, the global leaders will continuously adopt strategic partnerships and technological developments to gain a competitive edge in a moderately competitive environmentThe Players having a strong hold in the market are lobalstar, Iridium Communications, Kore.ai, Inc., Orbcomm, Rogers Communications, Applied Satellite Technology. Research Analyst at AMA predicts that North American and European Players will contribute to the maximum growth of Global Satellite M2M Connections and Services market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Satellite M2M Connections and Services market by Type, Application and Region.
On the basis of geography, the market of Satellite M2M Connections and Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sector , the sub-segment i.e. Maritime will boost the Satellite M2M Connections and Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component , the sub-segment i.e. Software will boost the Satellite M2M Connections and Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Communication Type, the sub-segment i.e. Duplex will boost the Satellite M2M Connections and Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service Type, the sub-segment i.e. BGAN M2M will boost the Satellite M2M Connections and Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Applications of M2M Satellite Communication
- Low Cost for Integrating Satellite into Existing M2M Systems
- Rising Adoption of High-Speed Spectrum
- Lack of Infrastructure to Support the Service and Data Rates
- Increasing Demand for Satellite M2M Connections and Services for Telemetry, Logistical, Tracking, and Remote Monitoring
- Rising Privacy and Security Concern among End Users
In September 2015, Inmarsat had introduced Internet of Everywhere. The company has unveiled a new M2M and IoT strategy by strengthening partnerships with strategic Value Added Resellers (VARs). The key benefits of the service include coverage, unequaled reliability and scalability and return on investment (roi)-driven connectivity.
Key Target AudienceSatellite M2M2 Connection and Service Provider, Satellite Manufacturers, Investors, Government Association, Private Research Organization and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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