Global Cellular-based M2M VAS Market 2015-2019 - Adoption of M2M Cloud-based Platform a Major Trend

Jul 15, 2015, 07:47 ET from Research and Markets

DUBLIN, July 09, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/h5p6n5/global) has announced the addition of the "Global Cellular-based M2M VAS Market 2015-2019" report to their offering.

The analysts forecast the global cellular-based M2M VAS market to grow at a CAGR of 33.14% over the period 2015-2019.

The report covers the present scenario and the growth prospects of the global cellular-based M2M VAS market for the period 2015-2019. Based on verticals, the market can be segmented into six: consumer electronics, automotive, transport and logistics, healthcare, energy and utilities, retail, and others.

M2M cloud-based platforms have helped MNOs reduce CAPEX and time-to-market for their products and service launches. It helps MNOs manage, develop, and assemble their service packages. In addition, cloud-based platforms help telecommunication operators in marketing, selling, integrating, developing, and supporting M2M connectivity and cloud-services across different business sectors such as retail and automotive. For instance, Axeda (acquired by PTC in 2014) and Jasper Wireless forged partnerships to adopt M2M cloud-based strategies and help MNOs to manage services offered to customers.

According to the report, the rising number of cellular-based M2M connections and declining prices of M2M modules are driving the market. A large number of consumers and enterprises are adopting cellular-based M2M connections. Further, most retailers and banks worldwide use cellular-M2M connection to execute secure payments and transactions in real-time.

Further, the report states that integration among M2M products is a major challenge for this market.

Key Vendors

  • AT&T
  • KT
  • Sprint
  • Verizon Communications
  • Vodafone Group

Other Prominent Vendors

  • Aeris Communications
  • Amdocs
  • China Mobile
  • China Telecom
  • Digi International
  • EE
  • Gemalto
  • Jasper Wireless
  • KDDI
  • Kore Wireless
  • KPN
  • Novatel Wireless
  • Numerex
  • Orange Business Services
  • Rogers Communications
  • SeeControl
  • Sierra Wireless
  • TechMahindra
  • Telecom Italia
  • Telefonica
  • Telenor
  • Telit Communications
  • Thingsquare
  • T-Mobile US
  • Wyless

For more information visit http://www.researchandmarkets.com/research/h5p6n5/global

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets



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