Satellite SCADA/M2M Industry Unhampered by Global Economic Crisis, According to NSR
Non-Cyclical and Recession-Proof Market to Produce 4.1 Million In-Service Units by 2018
| Source: NSR
CAMBRIDGE, MA--(Marketwire - May 6, 2009) - NSR today released its newest market survey
and forecast report: "Global SCADA and Machine-to-Machine (M2M) via
Satellite Markets." The report provides an in-depth overview of demand
trends for SCADA and M2M satellite communications services around the globe
from 2008-2018 by tracking requirements for four distinct vertical markets.
While many industries experienced declines in business and economic
activity, players in the satellite SCADA/M2M sector actually experienced
growth in 2008. Trends through the 1st Quarter of 2009 likewise showed
sustainable growth levels, supporting the notion that satellite SCADA/M2M
may actually be non-cyclical and recession-proof.
The key to market sustainability resides in the customer base of the
satellite SCADA/M2M industry. Four distinct vertical markets were analyzed
in the study, including: the Transportation/Cargo Vertical; the Oil & Gas
Industry; the Utility Industry; and Emerging Markets that include
government/military demand as well as emerging Green Energy sectors.
The very nature of the customer segments leads to continued operations of
basic functions such as pipeline monitoring, leak detection and
security-related activities. Mission-critical business activities cannot
stop or slow down despite pressing financial challenges such as drastic
changes in oil prices that have led to declining profits. In the
government/military side, anti-terrorism and peacekeeping efforts are
unrestrained by developments in the credit markets.
"Over time, satellite SCADA/M2M will not only continue to experience growth
but will likely receive a boost due to pressing needs that are now within
the domain of national security," states Jose Del Rosario, Senior Analyst
of NSR and author of the report. It has been widely reported that spies
have infiltrated the U.S. power grid, and security experts have stated that
technology protecting grids has not kept pace with potential threats. Oil &
gas pipelines are likewise vulnerable to attacks that cripple economic
activity as well as damage the environment covering large geographic areas.
And finally, piracy that threatens human life and cargo aboard maritime
vessels affects businesses and governments around the globe.
"Many industries will have to take extra security measures, while the U.S.
and other governments may have to step in to address key issues. In
industries covering wide geographies, satellite SCADA/M2M will be
invaluable for operational as well as emerging security requirements,"
added Del Rosario.
About the Report
"Global SCADA and Machine-to-Machine (M2M) via Satellite Markets" is a
multi-client report now available from NSR. The report provides market
forecasts for the number of in-service units, service revenues, demand by
frequency band and regional trends. For additional information on this
report, including a full table of contents, list of exhibits 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 and wireless technology and applications. NSR's primary areas of
expertise include emerging technology, IP applications, and broadcast
services. With extensive expertise in all regions and a number of
broadband sectors, NSR is a leading provider of in-depth market insight and
analyses.