Preliminary findings from European Communications’ latest quarterly survey show over a quarter of respondents think the potential growth that M2M offers operators is overstated.
Analysts have predicted that anywhere between 12 billion and 50 billion devices will become connected within the next few years.
Beecham Research predicts global revenues will grow to more than €25 billion by 2016, while Analysys Mason predicts the total will be €41.5 billion by 2021.
However, 26 percent of those who have taken the European Communications survey believe such predictions are, from an operator point of view, overstated.
But the vast majority, 65 percent, thinks the potential growth being mentioned is “about right”.
Brian Partidge, VP of research at the Yankee Group, said he backed the majority view.
He told European Communications:
“Heavy interest and activity in the sector in just the past year is proving M2M has staying power and will remain one of the highest-growth areas in the telecommunications industry in the foreseeable future.”
Meanwhile, a small minority, nine percent, said the predictions were understated.
“Take cloud computing into consideration, and you’ll see that it’s understated,” commented one respondent.
Full results of the M2M survey will be available in the Q3 edition of European Communications magazine. Click here to ensure you get your copy.
The survey results form part of a special report into M2M, which also includes an analysis of the role operators will play in the value chain and a look at the future impact on operator networks.
The results will also be discussed on 20 September, when European Communications hosts a free-to-attend M2M seminar in London. The half-day event includes a keynote presentation by Marc Sauter, Vodafone’s head of global M2M business development. Ansgar Schlautmann, associate director at management consultancy Arthur D. Little, will provide an overview of the M2M market. Click here to view the agenda and register your attendance.