Cellular-based M2M VAS Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Cellular-based M2M VAS communication is used to cover a wide area by using the cellular network. Communication devices are connected through cellular networks and hence communication is initiated. These devices are mobile and used to communicate about their statuses periodically. Consumers are becoming more enthusiastic about wireless communication connectivity such as smartphones across the world. Hence, cellular M2M communication is expanding due to penetration of smartphones globally in the different industry verticals.

MARKET DYNAMICS

Growth in the global cellular based M2M VAS market is owing to factors such as various initiatives taken by the government in order to promote the deployments for cellular based M2M VAS modules for different systems. Voice market is getting saturated and has created the need for exploring new income areas such as M2M communication for mobile network operators; this, in turn, is offering new growth opportunities and giving significant momentum to the cellular based M2M VAS market in the coming years. Increasing need for remote monitoring & control and launch of 3G/4G networks globally are the key factors responsible for the growth of the global market. Others factors boosting the global market are the increase in regulatory compliances, decreasing the cost of connectivity applications, and increased traction for risk assessment and management.

MARKET SCOPE

The "Global Cellular-Based M2M VAS Market Analysis to 2031" is a specialized and in-depth study of the cellular-based M2M VAS market with a special focus on the global market trend analysis. The report aims to provide an overview of cellular-based M2M VAS market with detailed market segmentation by type, application. The global cellular-based M2M VAS market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cellular-based M2M VAS market player and offers key trends and opportunities in the cellular-based M2M VAS market.

MARKET SEGMENTATION

The global cellular-based M2M VAS market is segmented on the basis of type, application. On the basis of type, market is segmented as 2G, 3G, 4G, others. On the basis of application, market is segmented as automotive, transportation and logistics, healthcare, energy and utilities, retail, consumer electronics.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cellular-based M2M VAS market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cellular-based M2M VAS market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting cellular-based M2M VAS market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the cellular-based M2M VAS market in these regions.

MARKET PLAYERS

The reports cover key developments in the cellular-based M2M VAS market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from cellular-based M2M VAS market are anticipated to lucrative growth opportunities in the future with the rising demand for cellular-based M2M VAS market. Below mentioned is the list of few companies engaged in the cellular-based M2M VAS market.

The report also includes the profiles of key cellular-based M2M VAS market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   ATandT
  
•   Sprint
  
•   Verizon
  
•   Vodafone
  
•   Amdocs
  
•   Numerex
  
•   Sierra Wireless
  
•   Digi International
  
•   Gemalto
  
•   KDDI
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Cellular-based M2M VAS Report Scope