GLOBAL TELEMETRY MARKET ANALYSIS

Global Telemetry MarketSize and Trends

Telemetry is an automated communications process in which information is collected from the remote terminals and then transmitted to the receiving points to be monitored and analysed. This data is transmitted through ultrasonic, audio, infrared, GSM, and satellite that depends on its area of application. Increasing demand for data access from remote locations in order to maintain centralized database of the organisations, which in turn, helps organizations make better decisions, and save time as well as resources. These factors are expected to witness lucrative growth of the market during the forecast period.

Among technologies, the wireless telemetry systems segment is expected to exhibit the highest growth during the forecasted period

Among technologies, the wireless telemetry systems segment is expected to exhibit the highest growth during the forecasted period. The factor attributed towards the growth of the segment includes transferring data among the devices using radio waves and satellite, and Wi-Fi, Zig bee protocol, which in turn makes it cost-effective as compare to wired technology. This factor is thus expected to propel the demand for wireless technology-based telemetry devices during the forecasted period (2018-2026).