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‘M2M Market Data’ Archives

As Businesses Turn to the Internet of Things for Growth, M2M WAN Connections Set to Triple by 2018

As Businesses Turn to the Internet of Things for Growth, M2M WAN Connections Set to Triple by 2018

Market research firm Infonetics Research released excerpts from its latest M2M Connections and Services by Vertical report. M2M MARKET HIGHLIGHTS ++ The global market for M2M services reached just over $16 billion in 2013, and there were nearly 1.7 billion M2M connections worldwide ++ A growing list of global tier 1 players are supporting more than 10 million M2M connections each ++ M2M “access” services—where operators’ broadband services function as M2M access solutions—make up over 16% of M2M service revenue, around $3 [...]

The installed base of wireless M2M devices in the oil and gas industry reached 423,000 in 2013

The installed base of wireless M2M devices in the oil and gas industry reached 423,000 in 2013

According to a new research report from the analyst firm Berg Insight, the number of devices with cellular or satellite connectivity deployed in oil & gas applications worldwide was 423,000 at the end of 2013. Growing at a compound annual growth rate (CAGR) of 21.4 percent, this number is expected to reach 1.12 million by 2018. The split between cellular and satellite based M2M devices at the end of the forecast period will be 871,000 units and 244,000 units respectively. The oil & gas industry is characterized by remote and [...]

Maintenance Analytics to Generate $24.7 Billion in 2019, Driven by Predictive Maintenance and Internet of Things

Maintenance Analytics to Generate $24.7 Billion in 2019, Driven by Predictive Maintenance and Internet of Things

ABI Research forecasts that revenues from maintenance analytics will total $9.1 billion this year. Following a CAGR of 22%, the market’s size will reach $24.7 billion in 2019, driven largely by adoption of predictive analytics and M2M connectivity. While the more advanced forms of maintenance, predictive and prescriptive, still account for just 23% of this year’s market, at the end of the forecasting period they will collectively represent 60% of all revenues. Senior analyst Aapo Markkanen comments: “Today, predictive maintenance [...]

New ranking of top global connected car manufacturers from Machina Research

New ranking of top global connected car manufacturers from Machina Research

The study from Machina Research, commissioned by Vodafone, shows BMW as the motor manufacturer with the most complete approach to the delivery of connectivity in cars. GM, Ford, Audi and Chrysler complete the top five. Machina Research today unveiled its inaugural ranking of global automotive manufacturers according to the scale and sophistication of their connected car programmes. BMW, with its ConnectedDrive service, tops the list, followed by GM, which has been something of a trailblazer with OnStar. Ford features in third place courtesy [...]

5.7 million small business and home alarm systems will be connected to European cellular networks in 2018

5.7 million small business and home alarm systems will be connected to European cellular networks in 2018

According to a new research report from the analyst firm Berg Insight, shipments of wireless M2M modules for security applications in EU27+2 is forecasted to grow from 4.8 million in 2013 at a compound annual growth rate (CAGR) of 31.3 percent to reach 18.7 million in 2018. At the same time, the number of tracking devices and wireless alarm systems monitored from an alarm receiving centre and similar will grow from 14.6 million in 2013 to 29.0 million by the end of 2018. The largest application area for wireless M2M communication in the [...]

GSMA Predicts 250 Million M2M Connections In 2014

GSMA Predicts 250 Million M2M Connections In 2014

New Study Points to Strong Growth in M2M Sector as 'Connected Living' Comes of Age. Global machine-to-machine (M2M) connections¹ will hit a quarter of a billion this year, according to a new report² by the GSMA, underscoring that M2M has become a major growth area for mobile operators. The new report from GSMA Intelligence, 'From concept to delivery: the M2M market today', tracks the development of the M2M market from 2010 and confirms that 'Connected Living' has come of age as operators begin to scale deployments of M2M solutions across [...]

Embedded Software Security Solutions to Ride Rising Tide of Internet of Things

Embedded Software Security Solutions to Ride Rising Tide of Internet of Things

Ubiquitous connectivity will drive 26% annual revenue growth for vendors to help thwart malware and hacking threats. As embedded devices increasingly include connectivity as a standard feature, the Internet of Things is at risk of exposing the Insecurity of Things. Software vendors are offering a variety of security-specific solutions to protect embedded devices, including anti-malware technology, whitelisting/blacklisting, access control, data encryption, user authentication, and real-time threat analysis, as well as maintenance, support, [...]

The installed base of cellular M2M devices in the retail industry to reach 33.3 million by 2018

The installed base of cellular M2M devices in the retail industry to reach 33.3 million by 2018

The number of cellular M2M connections in the retail industry reached 18.4 million worldwide in 2013, according to a new research report from Berg Insight. Cellular M2M technology enables devices such as POS terminals, ATMs and ticketing machines to be used at new locations where fixed line connectivity is unavailable or impractical. The technology has a more transformational effect on markets such as vending and parking, where machine operators need to reorganize their operations in order to benefit from the availability of real-time [...]

Ovum outlines operators’ M2M opportunities as it forecasts revenues will more than treble over the next five years

Ovum outlines operators’ M2M opportunities as it forecasts revenues will more than treble over the next five years

Although machine-to-machine (M2M) technology is a bright spot in the rapidly maturing mobile industry, operators will not realize its full potential without strategic partnering, says Ovum. Forecasts from the global analyst firm show that over the next five years, M2M revenues will grow to reach US$44.8bn, with more than a third coming from Asia-Pacific. New forecasts* from Ovum reveal that revenues will grow slightly more slowly than connections, reflecting the increasing competitiveness of the market and the extension of M2M into [...]

M2M Market will generate $242 billion revenue by 2022

M2M Market will generate $242 billion revenue by 2022

Healthcare, Consumer Electronics, Utilities and Vehicles lead the way. CES -- The Machine-to-Machine¹ industry is forecast by Strategy Analytics to grow at a CAGR of 18 percent, from $45 billion in 2013 and reaching $242 billion in 2022, according to the new Strategy Analytics Machine-to-Machine Strategies (M2M) service report, "M2M Revenues by Industry Vertical". Dominant sectors will be Healthcare (including mHealth services), Consumer Electronics (including cameras, music players and TVs), Utilities and Vehicles (usage-based [...]

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