Parlacom Expanding M2M Services in Brazil

Brazil, being one of the largest countries in the world by population has a very significant demand for Machine-to-machine services. However, the country's regulatory environment's high level of protection has presented significant barriers to both new and seasoned players in the market.

The recent regulatory changes, nevertheless, have given Brazil's M2M market a more positive and optimistic perspective that has surely grabbed the eye of several top providers globally, thereby, prompting Brazil to become one of today's aggressively growing markets. With a good foresight, Leadingquest, Parlacom and Link Solutions entered a deal recently to further advance and expand the business as well as its coverage.

"Our partnership with Link Solutions will help spread out the role of Parlacom M2M Services Platform not just in Brazil, but across South America," said Clovis Lacerda, CEO of LeadingQuest and Parlacom Brazil.

Although Brazil still faces challenges common to other markets, key players like Parlacom Brazil is optimistic. According to the Global Mobile M2M Module Market 2014-2018 report, the Mobile M2M market is expected to have a Compounded Annual Growth Rate (CAGR) of 16.21% from 2013 to 2018, mainly due to expanding adoption of mobile devices.

Brazil's continuing demands for M2M services, particularly in industrial and security applications affirms that the partnership is in the right direction. "Mobile connectivity is driving M2M growth in Brazil, in industries such as healthcare, fleet tracking, payment processing and security monitoring", affirmed Mr. Lacerda. "Security is a vital component for any business. With Parlacom Brazil and our partners, we value your security and your business", he further emphasized.