DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wxnjxn/m2m_satellite) has announced the addition of the "M2M Satellite Communication Market by Technology (Satellite Telemetry, VSAT, AIS), Communication Network Device (Satellite IP Terminals, Satellite Modems, Gateways), Service (Managed Service, Data), Vertical, Region - Global Forecast to 2020" report to their offering.
This research industry expects the M2M satellite communication market to grow from USD 3.36 Billion in 2015 to USD 5.91 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period.
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.
Currently, the satellite systems are not suitable enough to cater to the enormous user base comprising low-cost devices, with low-bandwidth needs and large cost and energy constrictions.
The M2M satellite communication market comprises specialized technologies such as satellite telemetry, AIS and VSAT. It also uses various network devices for transfers of information to the end user. Satellite IP terminals play a vital role in this market as they allow sending and receiving of information over the satellite networks.
The M2M satellite communication market is growing consistently with large satellite vendors and communication service providers such as ORBCOMM, Kore Telematics, Inmarsat, Globalstar, Iridium, Rogers Communication, TeliaSonera, Hughes network systems, Orange, and ViaSat offering advance technological solutions to various enterprises.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Global M2M Satellite Communication Market Analysis, By Technology
8 Global M2M Satellite Communication Market Analysis, By Communication Network Device
9 Global M2M Satellite Communication Market Analysis, By Service
10 Global M2M Satellite Communication Market Analysis, By Industry Vertical
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
For more information visit http://www.researchandmarkets.com/research/wxnjxn/m2m_satellite