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‘M2M Market Data’ Archives

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 [...]

Expert Discusses Monumental Impact of the Internet of Things (IoT) Trend at International CES 2014

Expert Discusses Monumental Impact of the Internet of Things (IoT) Trend at International CES 2014

Neura CEO, and expert in the IoT space, provides insight on the future of the Internet of Things. The Internet of Things (IoT), anticipated to have a large presence at International CES 2014, holds amazing potential to greatly impact many facets of our lives. Internet of Things technology and services spending is expected to generate global revenues of $8.9 trillion by 2020, growing at a compound annual rate of 7.9 percent. Gilad Meiri, CEO of Neura, a leader in intelligent interoperable technology solutions, said: “We are entering into [...]

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 [...]

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