The Global Satellite M2M Communications Market is Projected to be US$2 Billion by 2022
Gradually Reducing Cost & Complexity of Implementations to Drive Growth in the Global Satellite Machine-to-Machine (M2M) Communications Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Satellite Machine-to-Machine Communications (M2M) market. The global Satellite M2M Communications market is projected to be US$2 billion by 2022 in service revenues , driven by reducing cost and complexity of their implementations and subsequent rise in their adoption, particularly for remote asset tracking, monitoring and control applications. Defined as a technology that enables connection among multiple similar machines/devices over wired or wireless networks enabling data from one machine to be transmitted to other machines in the network, M2M has been gaining significant attention in recent times. By enabling direct communication and