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M2M News Archives‘M2M Market Data’ Archives
More than €5 billion invested in smart grids in Europe
More than €5 billion has been invested in some 219 smart grid projects in Europe to date, and conservatively estimated investment could top €56 billion by 2020, according to a new report from the European Commission’s in-house science service, the Joint Research Centre (JRC). The vast majority of these investments were made in the old member states (EU15), while the new member states (EU12) tend to lag behind. The report, “Smart grid projects in Europe: Lessons learned and current developments,” is aimed to form the basis [...]
Berg Insight says smart meter penetration in Europe will reach 52 percent by 2016
According to a new research report from the analyst firm Berg Insight, the installed base of smart electricity meters in Europe will grow at a compound annual growth rate of 19.4 percent between 2010 and 2016 to reach 130.5 million at the end of the period. Annual investments in smart metering technology are forecasted to exceed € 3 billion by the mid-2010s. Smart meters help consumers better manage their energy usage and create financial incentives for energy savings. Moreover they constitute the core building blocks in future smart grids [...]
Increasing adoption of Smart Home technologies will result in a US$ 9.5 billion market in 2015
Berg Insight says smart home technologies will grow to reach US$ 9.5 billion in 2015. According to a new research report by Berg Insight, the number of new smart home installations worldwide was 0.44 million in 2010. Growing at a compound annual growth rate (CAGR) of 65 percent, this number is expected to reach 5.38 million by 2015. The total revenues will simultaneously grow at a CAGR of 32.8 percent from US$ 2.3 billion in 2010 to almost US$ 9.5 billion in 2015. Smart homes and connected home technologies have been around for decades, [...]
Berg Insight says installed base of fleet management systems will reach 5.0 million in Europe by 2015
According to a new research report from the analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Europe was 2.0 million in Q4-2010. Growing at a compound annual growth rate (CAGR) of 20.7 percent, this number is expected to reach 5.0 million by 2015. The market is recovering from the economic downturn and it is clear that 2011 will be more positive than the previous year for the industry, even though uncertainties remain especially in Southern Europe. Some players such as TomTom [...]
Energy Efficiency Mandates Drive Smart Meter Deployments above 100 Million in 2011, says ABI Research
Global shipments of smart meters will exceed 100 million this year and forge ahead to more than 250 million by 2016, with Europe being the main constituent of this total installed base. “Robust smart meter uptake in Europe is the result of mandates legislated by European central governments, coupled with heightened development in renewables,” says ABI Research industry analyst Kelvin Chan. “North America is also experiencing a quickening deployment rate due to stimulus from the ARRA (American [...]
39.2 million security applications connected to European cellular networks in 2015 says Berg Insight
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 2.4 million in 2010 at a compound annual growth rate (CAGR) of 55 percent to reach 21.4 million in 2015. At the same time, the number of tracking devices and wireless alarm systems monitored from an alarm receiving centre and similar will grow from 7.0 million in 2010 at a CAGR of 41 percent to reach 39.2 million by the end of 2015. Vehicle tracking and recovery remains the [...]
US Cellular M2M Communications Market by Frost & Sullivan
Frost & Sullivan has recently released a new research titled U.S. Cellular M2M Communications Market which provides market trends, market forecasts, and predictions for 2011 and beyond. In this research, Frost & Sullivan's expert analysts examine the following: smartphone and feature phone applications, 2G, 3G, and 4G cellular networks, and M2M application development. Market Overview -Robust Demand for Wireless Connectivity from Multiple Segments Propels U.S. Cellular M2M Communications Market toward Vibrant [...]
Market for M2M Healthcare applications worth €69bn according to Machina Research
“The market for M2M healthcare applications will be huge, EUR69 billion in 2020..." "... We expect that EUR3.1 billion of this revenue will go to mobile network operators for provision of data carriage services, but the rest is up for grabs. Telecoms operators, equipment vendors and various service providers will all want a slice of the pie, and who gets what all comes down to business models”. Jim Morrish, Director Machine-to-machine in the healthcare sector represents a significant commercial [...]
M2M to Generate $35bn in Service Revenues by 2016, Driven by Automotive Telematics and Consumer Electronics
Automotive Applications to Account for Over 40% of M2M Service Revenues in 2016. M2M (Machine to Machine) connections will be the catalyst for over $35 billion of service revenues across a diverse range of industry sectors by the end of 2016, finds a new report by Juniper Research. Sectors identified by the report as having particular potential included: Consumer and commercial telematics; smart metering; Point of sale; Retail; Banking; Mobile health monitoring; Smart buildings and security. "Industries are at different stages [...]
1.5 billion M2M utilities connections by 2020
“By 2020 there will be 1.5 billion M2M connections in the utilities business, the vast majority being smart meters..." "...However, such stellar growth belies a risky market. There is so little traffic generated by smart meters that MNOs cannot rely on carrying traffic to make money. They need to be heavily involved in service provisioning and management if they’re going to convert the massive growth in connections into any meaningful revenue”, according to Machina Research." "Utilities have [...]
