Machine to Machine (M2M) Revenues will Reach $50.1Bn in 2013

Monday 2 December 2013, Amsterdam

The M2M market has been growing exponentially over the past few years. In 2013, the technology is poised to see substantial uptake due to the growing number of connected devices, uses for the technology and the increasing list of industries to which the technology can be applied. Wireless networks that are interconnected through machine-to-machine communications can see increases in production, efficiency and save businesses substantial OpEx and CapEx. As a consequence, analysts expect global wireless M2M revenues to reach $50.1billion in 2013.

Consumer devices such as tablets and eReaders are currently enjoying high adoption rates across the globe. Coupled with the proliferation of electronic devices that already exist in residential homes and businesses, all of which can be transformed via the use of M2M technologies and the stage is set for M2M to become ubiquitous.

Analysts believe that 2013 will be a pivotal year and one of significant growth for M2M as companies address both consumer demands for full-time connectivity and the government initiatives that support greater mobile connectivity. An analysis indicates that the majority of revenues from connected devices will come from the value added services and apps that the devices will offer to the end user.

M2M is already being successfully utilised in several industries, with impressive results. This report takes these successful business plans and reveals a paradigm that can be adapted for further success. With other industries as diverse as automotive and e-health, M2M ecosystem members are poised for transformative change by 2023. This report details how smart services, smart metering and the connected home promise a future of eco-friendly energy use, technologically advanced living spaces and machine to machine connectivity. M2M seeks to improve the lives of subscribers, the success of enterprises and the operations of service providers. This report tells you how.

The 173 page report contains 94 tables, charts and graphs that add visual analysis in order to explain developing trends within the M2M market. This new report provides forecasts for the period 2013-2023 in terms of value (US$) for the M2M market. In addition, 5 regional M2M connection markets are forecast and analysed over the period 2013-2023.M2M connections are forecasts in 8 submarkets: Utilities, Automotive, Security, Retail, Healthcare, Government, Financial Services and Industrial

The report also provides profiles of several leading companies operating within the market like AT&T, Verizon, Orange, NTT Docomo, Wilson Electronics, Jasper Wireless and Vodafone. The report also includes three interviews with major players in the M2M ecosystem: Telit Wireless, Wilson Electronics and SimCom Wireless Solutions, providing expert insight alongside analysis.