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Posts Tagged ‘M2M market data’

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 [...]

Smart home vision critical to selling benefits of smart meters: O2 report

Smart home vision critical to selling benefits of smart meters: O2 report

Report based on poll of more than 3,000 British adults, qualitative focus group and industry consultation shows: Low consumer awareness and understanding of smart meters | Visibility and control of energy use seen as key benefits but scepticism over cost savings | Security and privacy concerns must be addressed. The concept of a smart home, where consumers can remotely manage their home appliances such as lights, heating, oven, TV and more, will be crucial to selling the benefits of smart meters to consumers. That is the finding of a new [...]

IoT & M2M communication market expected to grow $290.0 billion by 2017

IoT & M2M communication market expected to grow $290.0 billion by 2017

Global Internet of Things (IoT) & Machine-To-Machine (M2M) Communication Market 2013 Report. IoT & M2M communication is projected to be the fastest growing technology segments of the Information Technology (IT) sector in the next 3 to 5 years, with a significant potential investments from companies to secure their computing environment. This future networks will be laid out as public/private infrastructures dynamically extended and improved edge points created by the "things/objects" connecting to one another. In fact, IoT communications [...]

Connected cars driving consumer M2M market as number of subscribers with embedded vehicle connectivity to double in 2013-2016

Connected cars driving consumer M2M market as number of subscribers with embedded vehicle connectivity to double in 2013-2016

Connected cars are a significant area for consumer-based M2M (machine-to-machine) growth, according to new research from Parks Associates, which projects by 2017, 17.6 million consumers will subscribe to embedded connected vehicle services such as General Motors' OnStar and Chrysler's UConnect Access. The international research firm predicts 47% of all new vehicles sold in the U.S. will have embedded cellular modules by 2017. Parks Associates' new report M2M: The Next Billion Mobile Connections examines the early market for M2M [...]

Commercial Telematics Subscriptions for the Bus and Coach Segment to Nearly Triple to 0.61 million by 2018

Commercial Telematics Subscriptions for the Bus and Coach Segment to Nearly Triple to 0.61 million by 2018

Global telematics subscriptions for the bus and coach segment are expected to grow at a CAGR rate of 23% from 0.22 million in 2013 to 0.61 million in 2018. ABI Research, VP and practice director Dominique Bonte, says: “While public transportation is forecast to remain a subset of the much larger commercial telematics space, it presents opportunities for companies to extend and customize current offerings to open up this market. Typical requirements include driver behavior monitoring, fuel consumption monitoring and efficiency [...]

Utility Smart Grid Spending Almost Doubles Worldwide in 2012

Utility Smart Grid Spending Almost Doubles Worldwide in 2012

Spending by utilities transitioning their networks to Smart Grid capabilities reached $23.68 billion in 2012. Highlighting the growing momentum behind the spending, 2012’s total alone represents 48% of Smart Grid spending to date. During the year, spending on transmission and distribution capabilities surpassed smart meter investments as utilities increasingly looked to improve their core networks and maximize the benefits of their growing Advanced Metering Infrastructure (AMI) deployments. Jonathan Collins, principal analyst at ABI [...]

Global smart grid spend reached $13.9bn in 2012

Global smart grid spend reached $13.9bn in 2012

Utility spending globally on smart grid technologies reached $13.9 billion in 2012, up 7 percent on the previous year, according to Bloomberg New Energy Finance. Further, the company expects just over 10 percent compound annual growth for the next five years, nearly doubling the market to $25.2billion per annum by 2018. Roughly half of 2012’s spend – $7.1billion – was spent on smart metering and related infrastructure and services. The next biggest category was distribution automation, followed by integrated demonstration projects [...]

Worldwide Smart Meter Shipments Surpass 15.4 Million Units in 3Q 2012, According to IDC Energy Insights

Worldwide Smart Meter Shipments Surpass 15.4 Million Units in 3Q 2012, According to IDC Energy Insights

Cellular AMI Communications Will Present Growth Opportunity Through 2016. Worldwide smart meter shipments surpassed 15.4 million units in the third quarter of 2012 (3Q12), representing year-over-year growth of 126.9% and a 58.6% increase over the second quarter, according to the IDC Energy Insights Worldwide Quarterly Smart Meter Tracker. Growth was observed across all regions except for the Americas, as several large projects came to completion in the previous quarter. Latin and South America remain promising, but scale projects have [...]

GPS/GNSS IC Market on Course to Break $2 Billion in 2012, Says ABI Research

GPS/GNSS IC Market on Course to Break $2 Billion in 2012, Says ABI Research

The GNSS IC market is showing steady revenue growth in 2012, with the industry now setting its sights on the next major milestone: $3 Billion. The smartphone market remains over 70% of revenue in 2012, but is an increasingly difficult market for standalone GPS IC vendors. For those that remain, indoor location will be the next major make-or-break technology, while also presenting the potential to generate additional revenue, as illustrated by Qualcomm’s IZat platform. However, in the latest edition of its GPS & GNSS Market Data, ABI [...]

Machine-to-Machine connections to hit 18 billion in 2022, generating USD1.2 trillion revenue

Machine-to-Machine connections to hit 18 billion in 2022, generating USD1.2 trillion revenue

Machina Research has issued its annual assessment of the global opportunity for M2M. The latest study finds that M2M connections will grow from two billion in 2011 to 18 billion in 2022, of which 2.6 billion will be wireless wide area network connections. Total market revenue will exceed USD1 trillion but the opportunity depends on your role in the value chain. Machina Research, the world’s leading advisors on M2M today published its most recent report, M2M Global Forecast & Analysis 2011-22. It provides a comprehensive and detailed [...]

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