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.
- Verizon Communications
- Vodafone Group
Other Prominent Vendors
- Aeris Communications
- China Mobile
- China Telecom
- Digi International
- Jasper Wireless
- Kore Wireless
- Novatel Wireless
- Orange Business Services
- Rogers Communications
- Sierra Wireless
- Telecom Italia
- Telit Communications
- T-Mobile US
For more information visit http://www.researchandmarkets.com/research/h5p6n5/global
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SOURCE Research and Markets