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‘M2M Market Data’ Archives

Berg Insight says Europe risks failing to meet 2020 smart metering targets

Berg Insight says Europe risks failing to meet 2020 smart metering targets

According to a new report from the research firm Berg Insight, Europe is likely to fail in meeting the target of covering 80 percent of the electricity customers with smart meters by 2020. Germany’s decision not to deploy smart meters and delays in the rollouts in a number of countries including France will result in a penetration rate in the range of 60–70 percent by the end of this decade. While lower than anticipated when the EU first announced its energy efficiency goals for the 2010s, the rate of adoption is nevertheless impressive. [...]

Berg Insight says shipments of cellular M2M devices in industrial automation reached 0.76 million in 2013

Berg Insight says shipments of cellular M2M devices in industrial automation reached 0.76 million in 2013

According to a new research report from the analyst firm Berg Insight, the shipments of cellular M2M devices in industrial automation reached 760,000 worldwide in 2013. Growing at a compound annual growth rate (CAGR) of 22.5 percent, shipments are expected to reach 2.1 million in 2018. The market is served by a multitude of players with varying backgrounds. Eaton, Phoenix Contact, Advantech and Kontron are major providers of industrial automation equipment and are also important vendors of products and solutions featuring embedded cellular [...]

LTE set to disrupt the M2M market says Machina Research

LTE set to disrupt the M2M market says Machina Research

Strategy Report : Advancing LTE migration heralds massive change in global M2M modules markets. The LTE network migration initiatives in top M2M markets are creating a virtuous cycle of key changes in module design, pricing and the product design process for embedding connectivity in products and devices. New, lower priced LTE modules expected to reach the market in 2014 will begin to upset the balance of value in the modules industry and force enterprises to recalibrate their decision-making process when choosing WWAN modules for their M2M [...]

mHealth market is expected to reach $58.8 billion globally by 2020

mHealth market is expected to reach $58.8 billion globally by 2020

Allied Market Research today announced a report titled “mHealth Market (Devices, Applications, Services & Therapeutics) - Global Mobile Healthcare Industry Size, Analysis, Share, Growth, Trends and Forecast, 2012 - 2020”. The study observed that the global mHealth market was valued at $6.7 billion in 2012 and is estimated to reach $8.3 billion by the end of 2013. With growing per capita healthcare expenditure both in developed and advanced developing countries, the mobile healthcare market is further projected to reach $58.8 billion by [...]

Wireless M2M Market to Grow at a 23% CAGR by 2018 Forecast a Research Report

Wireless M2M Market to Grow at a 23% CAGR by 2018 Forecast a Research Report

According to a report the wireless M2M market in the Asia Pacific region is expected to account for $50 Billion in revenue by the end of 2018, up from merely $11 Billion in 2013. The "Wireless M2M Bible - Opportunities, Challenges, Strategies, Industry Verticals and Forecasts: 2013 – 2018" study further reveals that although Japan, China and Korea will only account for merely 47% of all M2M connections in the Asia Pacific region, the overall revenue from these three countries will account for nearly 71% (or $36 Billion) of the [...]

New IHS Automotive study forecasts more than 150 million connected cars on global highways by 2020

New IHS Automotive study forecasts more than 150 million connected cars on global highways by 2020

Growth in the automotive industry’s highly integrated and highly saturated connected car systems will yield approximately $14.5 billion in revenue from automotive data assets by 2020, according to a connected car study from IHS Automotive, driven by Polk. In the study, Emerging Technologies: Big Data in the Connected Car, IHS Automotive forecasts there will be 152 million actively connected cars on global roads by 2020, a fraction of the estimated 18 billion Internet of Things (IoT) devices on the planet. The study estimates $14.5 billion [...]

M2M Connections to hit 2.9 Billion by 2022

M2M Connections to hit 2.9 Billion by 2022

Healthcare, Utilities and Automotive show greatest growth. A new study from Strategy Analytics, "M2M Connections by Industry Vertical and Bandwidth" predicts machine-to-machine (M2M) connections will grow from 368 million in 2013 to 2.9 billion by 2022. Of those connections, 78 percent will be on 3G or faster networks by 2022. Key factors such as M2M platform evolution, application and analytics developments, regulation as well as the creation of new business opportunities and avoiding obsolescence are all factors driving M2M to an [...]

Public transport ITS market in Europe expected to exceed € 1.4 billion by 2017

Public transport ITS market in Europe expected to exceed € 1.4 billion by 2017

According to a new research report from the analyst firm Berg Insight, the market value for Intelligent Transport Systems (ITS) deployed in public transport operations in Europe was € 0.94 billion in 2012. Growing at a compound annual growth rate of 9 percent, this number is expected to reach € 1.44 billion by 2017. Berg Insight is of the opinion that the European market for ITS for public transport is in a growth phase which will continue throughout the forecasted period. The fluctuating economic climate has in most countries had little [...]

The Installed Base of Smart Meters Will Surpass 1 Billion by 2022

The Installed Base of Smart Meters Will Surpass 1 Billion by 2022

In a new report Navigant Research has reported that penetration rates of smart meters continue to climb, reaching nearly 39 percent in North America in 2012, and project the worldwide installed base of smart meters will grow from 313 million in 2013 to nearly 1.1 billion in 2022. This is despite a cooling in the growth in the market during the last year, even though strong market drivers remain in place on which utilities can build a business case. Neil Strother, senior research analyst with Navigant Research, says: “It’s safe to [...]

New installations of smart home systems in Europe and North America will reach 21.5 million in 2017

New installations of smart home systems in Europe and North America will reach 21.5 million in 2017

According to a new research report from Berg Insight, the number of new smart home installations in North America is on track to reach 2.3 million in 2013, an increase of 66 percent year-on-year. The strong growth is expected to last for years to come, driving the number of new installations each year to 12.8 million by 2017. As a result, penetration of smart home systems in North American households will increase from just 3.2 percent at the end of 2013 to 16.6 percent in 2017. The European market for smart home systems is about three years [...]

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