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M2M News ArchivesPosts Tagged ‘M2M market’
Connected Automotive Infotainment System Shipments to Exceed 62 Million by 2018 as Feature Set Explodes
Shipments of connected automotive infotainment systems will grow from 9 million in 2013 to more than 62 million in 2018 with connected navigation, multimedia streaming, social media, and in-car Wi-Fi hotspots becoming key features. ABI Research VP and practice director Dominique Bonte comments: “Open platforms continue their march forward. While both the GENIVI consortium (open source common automotive infotainment reference platform) and the Car Connectivity Consortium (MirrorLink screen replication technology) somewhat struggle to find [...]
China’s RFID Card Market to Nearly Double to $807 Million in 2017
The futuristic “Internet of Things” will more than double to 2.1 billion units, leading to a dramatic growth of domestic companies, says Lux Research. Driven by the government’s focus on the futuristic Internet of Things – embedding connectivity and intelligence in everyday objects – and a surge in private sector growth, China’s RFID card market will nearly double in value and more than double in units in 2017, according to Lux Research. The RFID card/tag market volume will grow to 2.11 billion units, from 894 million in [...]
Mobile data to overtake voice by 2018 predicts GSMA
Mobile operators will make more money from data than from voice by 2018, according to the GSMA. The organisation - which represents the mobile industry - said that the surge in connected devices and the growth of machine-to-machine communications were creating huge demand. In a report it lays out some of the ways that mobile is transforming lives, particularly in the developing world. Mobile health services could help save one million lives in Africa, it said. The five-year forecasts were released to coincide with Mobile World Congress - [...]
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 [...]
Location-based service revenues in Europe to reach € 825 million by 2017
According to a new research report by Berg Insight, mobile location-based service (LBS) revenues in Europe are forecasted to grow from € 325 million in 2012 at a compound annual growth rate (CAGR) of 20.5 percent to reach € 825 million in 2017. The North American LBS market is forecasted to grow at a CAGR of 9.2 percent from US$ 835 million in 2012 to reach US$ 1,295 million in 2017. Berg Insight estimates that 40 percent of all mobile subscribers in Europe use some kind of location-enhanced application on a regular basis. In North [...]
M2M Dream Challenged by Alarming Security Concerns – Spurs $198 Million Market by 2018, Says ABI Research
The financial golden goose egg of M2M services that has attracted the attention of carriers globally risks being thwarted by the growing security concerns in M2M applications. Porous security is exposing vulnerabilities in a large number of use-case scenarios, including SCADA systems, telemedicine, and telemetry. Most M2M applications are lacking the basic security requirements that have been a defacto standard for information and communication technologies elsewhere. If not addressed sooner, this weak link could throttle the successful [...]
Frost & Sullivan: Prioritising M2M Revenue Potential Will Help Take the Service to the Next Level in 2013
Telecom service companies can accelerate M2M market development by increasing customer awareness and addressing specific customer needs. Telecom companies, despite continuous efforts to fine-tune their machine-to-machine (M2M) strategies, are seeking new ways for revenue growth in a connected M2M world. Up to now, telcos mostly targeted the easy to reach opportunities in areas such as new cars, electricity meters and those around consumer and professional healthcare, traditional telemetry, security and industrial automation. Telecom [...]
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 [...]
M2M Cellular Module Vendors Look to 2013 for Market Share Grab as Shipments Grow to 100 Million Units by 2015
Based on 2012 shipment data, where cellular module revenues grew 21% YoY, ABI Research expects to see a further increase in shipments, reaching nearly 100 million units by 2015. Practice director Dan Shey comments: “Module supplier’s 2013 view of the market is cautiously optimistic to very optimistic. Suppliers with a larger M2M cellular module end-use footprint in Europe are more reserved while those less exposed to Europe are expecting to grab world market share.” North America is expected to do well in 2013, increasing both its [...]
4G, NFC, Security, New Form Factors, and Connected Consumer Devices to Overcome Slowdown in SIM Card Market Growth
SIM card annual shipments are expected to rise in 2013 by 5% to 5.5 billion units. Growth is slowing as markets near saturation and the SIM card becomes increasingly ubiquitous across different network technologies. However, areas of growth remain with new applications, form factors, and an increasing breadth of connected products. As such, the related market value will grow at a higher rate to $2.3 billion this year and ASPs are forecast to increase slightly over the next five years. The emphasis is now on extracting maximum value from [...]
