Albany, NY -- (SBWIRE) -- 08/30/2016 -- Satellite M2M technology enables the communication of data and information among electronic devices with the help of satellite networks. Satellites communication provides a huge opportunity for the M2M industry. Terrestrial networks covers only 10% of the world and the remaining is covered via satellite networks. With end-users demanding high-speed and low cost data transmission, satellite M2M communication providers are looking to cater to this demand.

Satellite M2M is widely adopted in those regions where the reach of cellular networks are not available or very limited. Oil and gas companies, enterprises, and government organizations worldwide are adopting satellite M2M rapidly because of its wide reach and low cost.

The global satellite M2M services market to grow at a CAGR of 7.43% and the global satellite M2M connections market to grow at a CAGR of 12.68% during the forecast period. The global satellite M2M connections and services market can be segmented on the basis of verticals. On the basis of verticals, the market is segmented in four segments: Government, transportation, oil and gas, and others. The others segment includes verticals such as mining, green energy, and utilities.

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Technavio's report, the Global Satellite M2M Connections and Services Market 2015-2019, has been prepared based on in-depth market analysis with inputs from industry experts. It also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors.

Key Regions
- Americas
- EMEA
- APAC

Key Vendors
- Globalstar
- Iridium Communications
- Orange Business Services
- Orbcomm
- Rogers Communications

Other Prominent Vendors
- Applied Satellite Technology
- Digi International
- Gemalto
- Hughes Network System (EchoStar)
- Kore Telematics (Kore Wireless Group)
- Nupoint Systems
- Oracle
- Quake Global
- Sprint
- Teliasonera
- Telit

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Key Questions Answered in this Report:

- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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