The Machine to Machine (M2M) communication is a type of data communication technology that enables the devices such as sensors or meter to share information automatically with other devices and perform necessary action through a network which can be wired, wireless or hybrid without human intervention. M2M communication is often used for remote monitoring to capture an event and transfer data between mechanical or electronic devices.
Machine to machine (M2M) satellite communication is a revolutionary technology that enables both wired and wireless systems to communicate with other similar devices. It is widely used for communication purposes to transfer and control data in locations with limited broadband networks. M2M-based satellite communication has encouraged organizations to expand their market reach globally, without facing any communication delays and problems. Machine to machine satellite communication providers have installing services in cloud, which has augmented the usage of M2M satellite communication. This technology is used in industries for monitoring and managing their assets remotely.
In 2017, the global M2M Communications market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
KORE Wireless Group, Inc.
Iridium Communications Inc.
Quake Global, Inc.
Stellar Satellite Communications Ltd.
Remote Intelligence Systems LLC.
Market segment by Type, the product can be split into
Automatic Identification System
Global M2M S
Market segment by Application, split into
Government and Public Sector
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global M2M Communications status, future forecast, growth opportunity, key market and key players.
To present the M2M Communications development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of M2M Communications are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.