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M2M News ArchivesPosts Tagged ‘M2M market data’
Global Cellular Machine-to-Machine Connections Growing to More than 325 Million by 2016
IMS Research, now part of IHS Inc. (NYSE: IHS) forecasts the market for cellular machine-to-machine (M2M) connectivity services to rise from approximately 107 million connections globally in 2011 to about 326 million connections by 2016. Mobile operators are intently focused on developing and expanding their activities in the cellular M2M market as a key growth opportunity in the face of increasing saturation and maturity of the core mobile voice/data services market. A number of factors are enabling and driving cellular M2M market growth [...]
1.5 Million Home Automation Systems Installed in the US This Year
The global market for home automation services saw strong growth during 2012, driven by a wave of new entrants and offerings in the North American market. The US in particular leads in deployments and new shipments - acting as a bellwether for markets around the world. Even with the low growth US economy and the stuttering housing market, home automation systems installed in the US this year almost doubled over 2011 shipments, according to the latest market study from ABI Research. In 2017, more than 8 million systems will ship, showing a [...]
North American Gas Meter Market to Surpass Half -Billion Dollars in 2014
IMS Research (recently acquired by IHS Inc. (NYSE:IHS)) forecasts that revenues from the North American utility gas meter and associated communication module market will exceed $500 million per annum starting in the year 2014. This revenue growth will be driven by the continued automation of gas endpoints via new two-way meters and retrofit communications modules, as well as an added boost from the large Southern California Gas Company (SoCalGas) fixed network installation. These findings have been presented in IMS Research’s recently [...]
ICT Opportunities Abound as Smart Metering Data Concerns Persist, Says Frost & Sullivan
Meeting EU Deadlines Stresses Need to Establish Adequate Data Privacy Framework in Smart Meter Deployment – UK Legislation Makes Good Example. Data confidentiality and integrity is crucial for smart meter operation. End user concerns about loss of privacy and data protection delay the pace of meter deployment, especially in Europe. As rollout must begin soon to meet European Union (EU) deadlines, the need for adequate data privacy frameworks becomes more pressing. Employing ICT tools will enable energy companies to comply with reporting [...]
The installed base of wireless M2M devices in the oil & gas industry expected to reach 0.43 million by 2016
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 164,000 at the end of 2011. Growing at a compound annual growth rate (CAGR) of 21.5 percent, this number is expected to reach 435,000 by 2016. The split between cellular and satellite based M2M devices at the end of the forecast period will be 275,000 units and 160,000 units respectively. The oil & gas industry is characterized by remote and [...]
India Wireless Machine-2-Machine Modules Market crosses 23.6M USD in 2011
Short range M2M modules dominates the market; cellular modules picking up fast. Automotive, Transport & Logistics accounted for 64.1% in 2011 by revenue. According to the study “India Wireless M2M Modules Market Review, 2011-2015”, announced today by the premier market research, consulting and advisory services firm CyberMedia Research (CMR), the India M2M modules market is emerging as a high growth potential market especially for telecom industry in India. Anirban Banerjee, Associate Vice President, Research and Advisory [...]
Mobile and Connected Devices: A Lucrative Yet Volatile Market
Yankee Group predicts the global market for mobile and connected devices will nearly double to reach U.S.$847 billion by 2016. The mobile and connected devices market remains the catalyst behind the increasing penetration of mobility around the globe. “What’s Next for Mobile and Connected Devices,” a new Market Vision report from Yankee Group, digs deep into the current state of the market, as well as forecasts where it is heading during the next two to three years. Highlights include: The mobile and connected devices market [...]
Smart Metering in Europe
Reportlinker.com announces that a new market research report is available in its catalogue: Smart Metering in Europe – 9th Edition Executive summary EU27+2 has 277 million metered electricity customers and the annual demand for electricity meters for new installations and replacements is in the range of 12–17 million units. Penetration for smart meters, providing more comprehensive functionality than basic meter data collections, was 18 percent at the end of 2011. By 2017, Berg Insight projects that the rate will increase to 56 [...]
Why Most M2M Forecasts are Wrong. Compass Intelligence Explains and States the M2M Market will Reach 114.7 Million Connections by Year End 2016
Compass Intelligence, a global consulting and market analytics firm, released its latest forecast of the M2M market today. The cellular M2M market will reach 33.3 million connections in the U.S. in 2012 and grow to 114.7 million connections by 2016 with a CAGR of over 36%. These findings, along with breakdowns by application and vertical market are part of Compass Intelligence's Connected Worlds subscription service. "Compass Intelligence was excited to launch its M2M practice last year because of the hype surrounding M2M and conflicting [...]
Berg Insight says Germany will decide the future of the European smart metering industry in 2013
According to a new research report from the analyst firm Berg Insight, the market for smart metering solutions in Europe will deliver a strong performance in the coming five years. Until 2017, electricity distribution network operators and power suppliers will invest approximately € 15.8 billion in the deployment of 110 million smart meters. Between 2011 and 2017, the installed base of smart electricity meters in Europe is forecasted to grow at a compound annual growth rate of 20.5 percent to reach 154.7 million units at the end of the [...]
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