M2M wireless network services market to grow 27 percent by 2014


The global M2M wireless network services market is likely
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, according to MarketResearch.com.


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 have been
reducing power consumption and wastage. This has been visible especially in
countries like the U.S., the U.K., and Japan.


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.


By Telecomlead.com Team
editor[email protected]