M2M Wireless Network Services Market to Grow 27% by 2014

MarketResearch.com has announced the addition of the new report “Global M2M Wireless Network Services Market 2010-2014,” to their collection of Wireless market reports.

This report forecast the Global M2M Wireless Network Services market to grow at a CAGR of 27.2 percent over the period of 2010-2014. One of the key factors contributing to this market growth is the proliferation of government regulations and standards. The Global M2M Wireless Network Services market has also been witnessing an increasing number of value-added services.

Several governments have passed environmentally friendly policies and regulations. As a result, several companies have been adopting green technologies including M2M wireless network services, which has been reducing power consumption and wastage. This has been visible especially in countries like the U.S., the U.K., and Japan,” reports an analyst.

In spite of the demand for M2M wireless network services, the lack of communication infrastructure is hindering the growth of this market. However, the increase in adoption of mobile technology has had a positive impact on this market. Moreover, the M2M Wireless Network Services market is witnessing the adoption of emerging next generation technologies.

These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes a research Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

Related posts