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Posts Tagged ‘market forecast’

M2M device connections will increase twentyfold worldwide in the next ten years

M2M device connections will increase twentyfold worldwide in the next ten years

More than 2 billion devices to be connected worldwide by 2021, with the industry set to grow at a CAGR of up to 50% in some sectors. A new report from Analysys Mason predicts that machine-to-machine (M2M) device connections worldwide will grow by a factor of 20 in the next ten years, from 100.4 million to 2.1 billion. Revenue associated with M2M connectivity will also increase dramatically over the same period, from USD5.7 billion in 2011 to USD50.9 billion in 2021. The report, M2M device connections, revenue and ARPU: worldwide [...]

Global Telematic Insurance Market to Overtake €50 Billion by 2020

Global Telematic Insurance Market to Overtake €50 Billion by 2020

Pay As You Drive will shake up motor insurers worldwide. International strategy consulting firm PTOLEMUS Consulting Group has published the most comprehensive report ever written on Insurance Telematics. The 400-page strategic report is set to become the industry's reference document, covering the global car insurance landscape, new telematic technologies, how they are turning the economics of the market upside down, response strategies for insurers and much more. With over 2 million customers, the Pay As You Drive (PAYD) market has [...]

Global OEM Connected Car System Shipments to Exceed 39 Million by 2016

Global OEM Connected Car System Shipments to Exceed 39 Million by 2016

OEM connected car system shipments are expected to grow from 8.22 million in 2012 to 39.5 million in 2016. While the United States and Western Europe remain the leading regions, car OEMs such as GM, Toyota, Nissan, Hyundai, and Mercedes Benz increasingly look to China as the next major expansion area for launching connected car solutions in order to maintain or enhance their competitive position in this fledgling market. Dominique Bonte, vice president and group director, telematics and M2M, [...]

Wireless Health Market to Reach $38 Billion by 2016

Wireless Health Market to Reach $38 Billion by 2016

According to market analysis from MarketResearch.com, the wireless health market will experience a CAGR of 19.43% from 2011 to 2016. MarketResearch.com has announced the addition of the new report "Wireless Health Market (WLAN, WMAN, WPAN, SENSORS, SMARTPHONES, TABLET PC, MOBILE APPS) - Global Trends, Opportunities, Competitive Landscape & Forecasts Till 2016" to their collection of Information Technology market reports. According to the West Wireless Health Institute (WWHI), wireless health may be defined as "the use of wireless [...]

Public Cellular Service Revenue for Smart Grid Will Reach $1 Billion by 2020

Public Cellular Service Revenue for Smart Grid Will Reach $1 Billion by 2020

According to a recent report from Pike Research, global annual service revenue from public cellular network nodes in smart grid applications will surpass $1 billion by 2020, representing a 27% compound annual growth rate (CAGR) from 2011 to 2020. A cumulative total of 73 million cellular M2M communication nodes will be shipped for use in smart grid applications during the period from 2011 through 2020, the cleantech market intelligence firm finds. Electric, gas, and water utilities have long [...]

The Global Wireless M2M Market

The Global Wireless M2M Market

Reportlinker.com announces that a new market research report is available in its catalogue: The Global Wireless M2M Market – 4th Edition Executive summary The global wireless M2M market was strong in 2011, displaying growth in all major world regions and vertical segments. Berg Insight estimates that shipments of cellular M2M devices increased by 35.3 percent to a new record level of 50.8 million units. Adjusted for churn, this resulted in net additions of 29.3 million M2M connections in 2011, taking the worldwide number of [...]

Global M2M subscriber base now exceeds 100 million

Global M2M subscriber base now exceeds 100 million

According to new a research report from the analyst firm Berg Insight, the global number of mobile network connections used for wireless machine-to-machine (M2M) communication increased by 37 percent in 2011 to reach 108.0 million. Asia-Pacific was the strongest regional market, recording a year-on-year growth rate of 64 percent and reached 34.5 million connections at the year-end. Europe and North America grew by around 27 percent each to 32.3 million and 29.3 million connections respectively. In the next five years, the global number of [...]

Expanding M2M Applications to Fuel Growth in the World Satellite M2M Services Market

Expanding M2M Applications to Fuel Growth in the World Satellite M2M Services Market

GIA announces the release of a comprehensive global report on Satellite Machine-to-Machine (M2M) Services markets. Global market for Satellite Machine-to-Machine (M2M) Services is projected to reach US$1.6 billion by the year 2017. Growth will be primarily driven by the launch of new satellite services designed to support high-speed, next-generation data intensive M2M applications. Growth will additionally stem from untapped opportunities that exist beyond conventional asset monitoring functions. Machine-to machine (M2M) is a [...]

Worldwide smart meter shipments to surpass 140 million units annually by 2016

Worldwide smart meter shipments to surpass 140 million units annually by 2016

Worldwide smart meter shipments in the fourth quarter of 2011 grew 11.8 percent over the previous quarter and were up 23.8 percent when compared to the fourth quarter of 2010, according to IDC Energy Insights' Worldwide Quarterly Smart Meter Tracker. In the accompanying forecast, annual smart meter shipments are projected to surpass 140 million units worldwide by 2016, up from 25.4 million in 2011. This represents a compound annual growth rate (CAGR) of 32.9 percent over the 2011 to 2016 period. The revival of the Canadian market [...]

South Korea’s Commercial Vehicle Telematics Market to Grow at CAGR of 5.5% to Reach US$275.7 million in 2015

South Korea’s Commercial Vehicle Telematics Market to Grow at CAGR of 5.5% to Reach US$275.7 million in 2015

The commercial vehicles telematics market in South Korea is expected to grow at a compound annual growth rate (CAGR) of 5.5 per cent (2010-2015) to US$275.7 million, says Frost & Sullivan. Ms. Samjeen Yun, Research Analyst, Automotive Practice Asia Pacific at Frost & Sullivan said that the South Korean telematics market is expected to reach the advanced growth phase from 2012 to 2015. She noted that the commercial vehicle telematics market in South Korea is mainly driven by the aftermarket as original equipment (OE) telematics [...]

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