|By Business Wire||
|May 6, 2014 05:52 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/sm5rff/global_mobile_m2m) has announced the addition of the "Global Mobile M2M Module Market 2014-2018 with Gemalto N.V., Sierra Wireless, SIMCom Wireless Solutions & Telit Wireless Solutions Dominating" report to their offering.
The Global Mobile M2M Module market to grow at a CAGR of 16 to 2018.
One of the major trends that the market is witnessing is the sharp decline in the ASP of mobile M2M modules. Despite the consistent growth in the total unit shipments from 2010, there was a steep dip in the ASP. The ASP is expected to decline from US$29.3 in 2013 to US$18.9 in 2018. The steep decline in the ASP in 2013 indicates the intense competition in the market leading to industry consolidation. While module makers face challenges from both competing vendors and the inclination toward commoditization, the decline in the ASP is increasing the addressable market for mobile M2M connectivity.
According to the report, one of the main drivers in this market is the increased adoption of mobile devices. Nowadays, people across the globe are increasingly using mobile devices such as smartphones, tablets, and PDAs for personal and official purposes. These devices are intelligently connected to each other through advanced M2M modules, smart sensors, and software. Mobile technology also helps organizations quickly obtain real-time information, which is a key success factor for any business model.
Further, the report states that one of the major challenges in this market is the dependency on the deployment of wireless network infrastructure. Mobile M2M modules are highly dependent on wireless technologies such as GSM/GPRS, CDMA EV-DO, WCDMA, and LTE for their operation. Hence, the adoption of mobile M2M modules in particular geographies is dependent on the network infrastructure and the quality of the wireless network.
Key vendors dominating this space are:
- Gemalto N.V.
- Sierra Wireless Inc.
- SIMCom Wireless Solutions Co. Ltd.
- Telit Wireless Solutions.
Other vendors mentioned in the report are:
- Aeris Communications Inc.
- Ambient Corp.
- AT&T Inc.
- Bright Sky Holdings LLC
- Cellco Partnership Inc.
- EDMI Ltd.
- Encore Networks Inc.
- GeaCom Inc.
- Huawei Technologies Inc.
- M2M Data Corp.
- Mesh Systems LLC.
- Motorola Solutions Inc.
- Multi-Tech Systems Inc.
- Novatel Wireless Inc.
- Numerex Corp.
- Orbcomm Inc.
- QUAKE Global Inc.
- Rogers Wireless Inc.
- SK Telecom Co. Ltd.
- SoftBank Corp.
- Sprint Corp.
- Telstra Corp. Ltd.
Key questions answered in this report:
- What will the market size be in 2018 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?
For more information visit http://www.researchandmarkets.com/research/sm5rff/global_mobile_m2m