Revenue During the Period 2016-2019, Cellular-based M2M VAS Market Globally Grow at a CAGR of 33.14%
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About Cellular-based M2M VAS
M2M communication is used for data transmission between electronic devices. In cellular-based M2M connections, CDMA, 2G, 3G, and 4G/LTE networks are used to establish connections between electronic devices. Cellular-based M2M VAS includes managed and professional services, which are offered by MNOs and service providers. Industries such as automotive, healthcare, retail, transport and logistics, energy and utilities, and consumer electronics are some of the major end-users of cellular-based M2M VAS. Some of the major applications of cellular-based M2M VAS are video surveillance, remote diagnostics of vehicles, fleet management, asset tracking, theft recovery, and POS.
Technavio’s 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.
Technavio’s report, Global Cellular-based M2M VAS Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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