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| [February 05, 2013] |
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Research and Markets: The Global Wireless Machine-To-Machine Modules Market to Grow At A CAGR Of 16.96 Percent over the Period 2012-2016
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/gvlnch/global_wireless)
has announced the addition of the "Global
Wireless Machine-to-machine Modules Market 2012-2016" report to
their offering.
One of the key factors contributing to this market growth is the
increasing adoption of mobile devices. The Global Wireless
Machine-to-machine Modules market has also been witnessing the growing
adoption of cloud-based M2M applications. However, the declining ASPs of
wireless M2M modules and network services could pose a challenge to the
growth of this market.
The key vendors dominating this market space are Sierra Wireless Inc.,
Gemalto N.V., Telit Wireless (News - Alert) Solutions, and SIMCom Wireless Solutons
Co. Ltd.
The other vendors mentioned in the report are AnyDATA Inc., Cinterion
Wireless Modules GmbH, Huawei Technologies Co. Ltd., iWOW Connections
Pte Ltd., Maestro Wireless Solutions Ltd., Novatel Wireless (News - Alert) Inc.,
Quectel Wireless Solutions Co. Ltd., u-blox AG, and ZTE Corp.
Commenting on the report, an analyst from TechNavio's Telecom team said:
''A wireless network infrastructure is indispensable for the deployment
of wireless machine-to-machine (M2M) applications. In North America,
where the adoption of M2M modules is predicted to be the highest in the
world in the coming years, wireless coverage was, for several years,
inadequate for long-haul trucking requirements. Instead, satellite
connectivity was used, which is expensive but offers low bandwidth.
Since wireless coverage has increased in North America, a deviation in
demand has occurred from satellite toward terrestrial wireless
connectivity in commercial telematics. This trend is likely to emerge in
other countries as well, leading to increased sales of wireless M2M
modules.''
According to the report, one of the main drivers is the increasing
adoption of mobile devices. People across the globe are increasingly
using mobile devices such as smartphones, tablets, and personal digital
assistants (PDAs) for personal as well as official purposes. These
devices are intelligently connected to each other through advanced M2M
modules, smart sensors, and software. This helps organizations quickly
obtain real-time information, which is a key success factor for any
business model.
For more information visit http://www.researchandmarkets.com/research/gvlnch/global_wireless

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