Wireless M2M Market to Account for About USD 136 Billion in Revenues by 2019, Expects Signals and Systems Telecom.15 Feb 2013 • by Natalie Aster
Machine-to-Machine (M2M) technology enables data communication between machines without human intervention. Often powered by cellular or short range wireless communication technologies, M2M facilitates network connectivity for a vast array of devices and subsequent monetization of the data collected from these devices.
Due to its vast array of applications ranging from location tracking, process automation to remote monitoring/control, wireless M2M has attracted attention from a multitude of vertical market segments including but not limited to Utilities, Automotive, Transportation, Logistics, Public Safety, Security, Retail & Vending, Healthcare Agriculture, Smart Buildings and Smart Cities, Construction, IT & Networks, Industrial Automation and Consumer Electronics.
Despite its low ARPU, the wireless M2M market has become a key focus of many mobile network operators as their traditional voice and data markets become saturated. Likewise, government and regulatory initiatives such as the EU initiatives to have a smart meter penetration level of 80% by 2020 and the mandatory inclusion of automotive safety systems such as eCall in all new car models, have also helped to drive overall wireless M2M connections and revenue.
The wireless M2M market is expected to account for nearly $136 billion in revenues by the end of 2018, following a CAGR of 23% during the five year period between 2013 and 2018.
Eyeing this lucrative opportunity, vendors and service providers across the highly fragmented M2M value chain have become increasing innovative in their strategies and technology offerings which have given rise to a number of submarkets such as M2M Network Security, Connected Device Platforms (CDP) and M2M Application Platforms.
The report “The M2M Bible - Opportunities, Challenges, Strategies, Industry Verticals and Forecasts: 2013 - 2018” presents an in-depth assessment of the global wireless M2M market. In addition to covering the business case, the challenges, the industry’s roadmap, value chain analysis, deployment case studies, and the vertical market ecosystem, vendor service/product strategies and strategic recommendations, the report also presents comprehensive forecasts for the wireless M2M market from 2013 till 2018, including an individual assessment of the following submarkets: Network Connectivity, Application Services, Embedded Cellular M2M Modules, Network Security, Connected Device Platforms (CDP), Application Platforms (Application Enablement Platforms, AEP and Application Development Platforms, ADP), Integration Services and Enabling Technologies, across six regions.
The M2M Bible - Opportunities, Challenges, Strategies, Industry Verticals and Forecasts: 2013 - 2018
Published: February, 2013
Price: US$ 2,500.00
Also provided are network connectivity and application service revenue forecasts for the following 6 vertical market segments: Utilities & Smart Grid, Automotive & Transportation, Logistics, Public Safety, Security & Surveillance, Retail & Vending and Healthcare.
More information can be found in the report “The M2M Bible - Opportunities, Challenges, Strategies, Industry Verticals and Forecasts: 2013 - 2018” by Signals and Systems Telecom.
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