CAMBRIDGE, MA--(Marketwire - April 5, 2011) - According to NSR's newest market research report, SCADA, Machine-to-Machine (M2M) and Low Data Rate (LDR) Applications via Satellite, 2nd Edition released today, new systems for Blue Force Tracking (BFT), High Throughput Satellites (HTS) and the ability to bundle broadband applications like CCTV for security purposes in this inherently narrowband market should warrant continued growth for the industry within this decade. While terrestrial competition is on the rise, specifically as coverage and cost advantages dilute some of satellite technology's advantages, innovation is leading to continued preference for satellite platforms in addressing many vital end user requirements.
One of the key aspects to market sustainability lies in the unique and challenging needs of the industry's customer base. Five distinct vertical markets were analyzed in the study, including: the Transportation/Cargo Vertical; the Oil & Gas Industry; the Utility Industry; the Military; and Emerging Markets that include the Green Energy or Renewable Energy sector.
These verticals operate in some of the harshest, most remote and most demanding environments that require high reliability and security for mission-critical functions. For instance, in the military side and the emerging role of civil government agencies such as the U.S. Department of Homeland Security, anti-terrorism and peacekeeping efforts will undoubtedly continue to drive demand for key regions such as the Middle East/Africa as a shift in policy will likewise lead to a shift in demand and procurement functions.
Over time, satellite SCADA/M2M/LDR's market shift will continue, specifically as the needs and criticality of requirements of end users continue to increase. The current political situation in the Middle East/Africa region has serious implications for military activities as well as oil & gas interests, which in turn boost demand and requirements for renewable energy sources. Distribution of energy via utilities as well as segments in transportation and cargo likewise lead to unique and increasing solution sets.
The good news is service providers are improving their current satellite SCADA/M2M/LDR platforms. Whether it is securing the power grid, digitizing the oil field, safeguarding munitions, tracking friendly forces or making transportation assets work efficiently, innovation and the very nature of highly demanding end user requirements make satellite solutions indispensable and integral in the globe's key verticals.
About the Report
SCADA, Machine-to-Machine (M2M) and Low Data Rate (LDR) Applications via Satellite, 2nd Edition is a multi-client report now available from NSR. The report provides market forecasts for in-service units, service revenues, demand by frequency band including HTS, regional trends and segmentation according to five key verticals. For additional information on this report, including a full table of contents, list of figures and executive summary, please visit www.nsr.com or call NSR at 617-576-5771.
About NSR
NSR is an international market research and consulting firm specializing in satellite technology and applications. NSR's primary areas of expertise include satellite communications, broadcasting & digital media, hybrid & emerging applications and commercial space. With extensive expertise in all regions and all satellite sectors, NSR is the leading global provider of satellite market insight and analyses.