The array of connected devices is ever-broadening. Wireless communications are rapidly engulfing the automotive, healthcare, energy, and retail industries, as wirelessly connected endpoints appear on track to outnumber people.
The Internet of Things (IoT) is a major subject in the IT world, but its implications reach far beyond. The interconnection of hundreds of millions of unique, embedded computing devices will have a profound impact on commerce, public service, indeed most fields of life. New connected technologies suggest the impending arrival of intelligent health monitoring devices, self-monitoring industrial devices, fleet management and road safety tools, smart cities, energy grids, and household appliances.
M2M will act as a backbone for these systems. The technology holds the promise of bringing dispersed assets into a connected corporate or government network. Machines in an industrial or manufacturing setting can be linked together to streamline production processes and operate at highest efficiency. Utility grids can be optimised and household usage monitored and recorded at minimal cost. Precision agriculture can be undertaken, bringing crop management into the digital age.
The report expects the M2M market to reach 257.8 million connected devices by the end of 2014, or 3.3% of all wireless connections.
This new wave of technology promises revolutionary cost savings across nearly all industries and new revenue streams for MNOs, applications providers, module and device vendors, service managers, and systems integrators. M2M and IoT are markets with high ceilings and immediate prospects.
The breadth of the potential M2M and IoT markets cannot be understated. While feature phone and smartphone adoption has slowed in recent years, M2M is one of the larger growth industries for carriers, who should be poised to exploit one of the most substantial, cross-industry turnabouts in the early 21st century.
The Machine-to-Machine (M2M) Market 2014-2019: Telemetry, Telematics & Connected Smart Devices Driving the Internet of Things (IoT) analyses and forecasts the prospects for this market globally, regionally, and nationally by M2M revenues and M2M connections Our forecasts also segment the market into nine major industry revenue streams by M2M revenues and M2M connections, each with its own set of drivers and barriers to entry. The products and strategies of 10 leading companies in the M2M market are described and assessed. 105 unique charts, figures, and tables quantify and qualify this market, with complete regional and national segmentation.
The Machine-to-Machine (M2M) Market 2014-2019: Telemetry, Telematics & Connected Smart Devices Driving the Internet of Things (IoT) will be of value to current and future investors in the IT, enterprise hardware and software, wireless infrastructure, network backbone, and mobile device industries, as well as companies and research centres who wish to broaden their knowledge on this subject.