The new report recognizes the following companies as the key players in Global Cellular M2M VAS Market: AT&T Inc., China Mobile Ltd., Verizon Communications Inc., Vodafone Group plc, Aeris Communications Inc., Amdocs Inc., Axeda Corp., China Telecom Corp., Deutsche Telekom AG, Digi International Inc., EE Ltd. (Formerly known as Everything , Everywhere Ltd.), Gemalto NV, Jasper Wireless Inc., KDDI Corp., KORE Wireless Group Inc., KPN BV, KT Corp., Maingate Inc., Novatel Wireless Inc., Numerex Corp., Orange Business Services, RACO Wireless, Rogers Wireless Inc., SeeControl, Sierra Wireless Inc., Sprint, Tech Mahindra, Telecom Italia SpA, Telefónica SA, Telenor ASA, Telit Communications plc, Thingsquare AB, ThingWorx Inc., T-Mobile US Inc.,Wyless Inc.
Commenting on the report, an analyst from the new reports team said: “Nowadays, people across the globe are increasingly using mobile devices such as smartphones, tablets, and PDAs for personal and official purposes. Since these mobile devices are intelligently connected with advanced mobile M2M modules, smart sensors, and software, individual users are increasingly adopting cellular M2M VAS. In addition, many communication service providers are adopting advanced wireless technologies such as 3G and LTE. These technologies help organizations quickly obtain real-time information, which is a key success factor in their business operations. In addition, the combination of cellular networks and M2M technology enables the Internet of Things to improve the efficiency of organizations by improving speed and accuracy of real-time information without the need for human intervention. Thus, the increased adoption of wireless devices and wireless technologies is driving the growth of the Global Cellular M2M VAS market.”
According to the report, one of the main drivers in this market is the increasing number of cellular M2M connections. In recent days, the adoption of cellular M2M devices and solutions by individual users has increased rapidly.
Further, the report states that one of the major challenges in this market is the high cost, complex installation, and operation of M2M devices. Most of the M2M devices and applications are considered as costly, luxury items. They also require skilled people for their installation and maintenance. In addition, most of the M2M applications used for consumer electronics are perceived as difficult to use. Hence, most users who have installed cellular-based M2M devices are not able to use them to their full potential.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.