Press release

Global Cellular M2M Value-Added Services (VAS) Market Will Be Affected by the Declining Cost of Connectivity Applications | Technavio

0
Sponsored by Businesswire

The global cellular M2M value-added services (VSD) market size is poised to grow by USD 76.08 billion during 2020-2024, progressing at a CAGR of almost 39% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201118006166/en/

Technavio has announced its latest market research report titled Global Cellular M2M Value-Added Services (VAS) Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Cellular M2M Value-Added Services (VAS) Market 2020-2024 (Graphic: Business Wire)

One of the key drivers for the cellular M2M market is the growing demand for connectivity. This demand is encouraging the M2M service operators to enable a capable cellular and satellite network infrastructure. The aviation sector is highly reliant on SatCom connectivity for automated flight operations and on-board Wi-Fi or mobile usage to cater to the increasing customer demand. The installation and deployment of satellite terminals such as IP Voyager on any vehicle with its tracking antenna to track satellite signals during movement. This increasing demand for connectivity will significantly fuel the cellular M2M VAS market growth during 2020-2024.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Report Highlights:

  • The major cellular M2M value-added services market growth is driven by the consumer electronics market, which is due to the rising adoption of cellular broadband networks in households and the trend among consumers to use smart connected devices among consumers.
  • Europe was the largest cellular M2M value-added services market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to the rising demand for commercial as well as passenger vehicles
  • The global cellular M2M value-added services market is fragmented. Aeris Communications Inc., Amdocs Ltd., AT&T Inc., China Mobile Ltd., Deutsche Telekom AG, Sierra Wireless Inc., Telefonica SA, Thales Group, Verizon Communications Inc., and Vodafone Group Plc. are some of the major market participants. To help clients improve their market position, this cellular m2m value-added services market forecast report provides a detailed analysis of the market leaders.
  • As the business impact of COVID-19 spreads, the cellular M2M value-added services market 2020-2024 is expected to have positive. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Digital signage in the M2M retail sector will be a Key Market Trend

Digital Signage is used to improve customer engagement by sending targeted advertisements based on customer information, including location, gender, and age. This service is also used by retailers across the globe to offer users vital information about their new product launches, the latest additions to product lines, and discounts. These factors including the real-time information providing will be a key trend that will help in the growth of the global cellular m2m value-added services during the forecast period.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Cellular M2M Value-Added Services (VAS) Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist cellular M2M value-added services market growth during the next five years
  • Estimation of the cellular M2M value-added services market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the cellular M2M value-added services market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cellular M2M value-added services market vendors

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Consumer electronics – Market size and forecast 2019-2024
  • Automotive – Market size and forecast 2019-2024
  • Transportation and logistics – Market size and forecast 2019-2024
  • Healthcare – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by End-user

Market Segmentation by Service

  • Market segments
  • Comparison by Service
  • Managed services – Market size and forecast 2019-2024
  • Professional services – Market size and forecast 2019-2024
  • Market opportunity by Service

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Aeris Communications Inc.
  • Amdocs Ltd.
  • AT&T Inc.
  • China Mobile Ltd.
  • Deutsche Telekom AG
  • Sierra Wireless Inc.
  • Telefonica SA
  • Thales Group
  • Verizon Communications Inc.
  • Vodafone Group Plc

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.