Explosive growth predicted for M2M market

The next-generation M2M and connected device market in the USA will reach 87 million endpoints by 2015, with a compound annual growth rate of over 25%, according to a report from Compass Intelligence.

Key findings its most recent M2M research include that the largest B2B vertical market is the transportation and distribution vertical, with over 30% market share.

Growth, it says, will come from areas where there is a demonstrable RoI and that are easiest to measure increased productivity and efficiency. Cloud computing and cookie cutter hosted applications will drive M2M adoption.

Industry consolidation will occur rapidly over the next 12 to 18 months. By 2015 more than 40% of M2M connections in the USA could be running on 3G, 3.5G or 4G networks.

“We have entered an era where every device that can benefit from being connected via a cellular connection to the internet will be connected to the internet; and that this hyper-connectivity coupled together with emerging cloud services will propel society into new ways of interacting with the world around us,” said James Brehm, senior strategist of Compass Intelligence.”

“Much confusion exists around what makes up M2M. In defining the market, the GSMA includes devices like connected IPads and other media tablets, some tier-one MNOs include connected CE like picture frames, PNDs and the like, while others including M2M specialists and M2M VNOs look solely to B2B applications.”

The report forms part of Compass Intelligence’s Connected Worlds subscription service. The subscription aims to provide clarity around the definition, size and forecast on the next-generation M2M and connected device market, explore the dynamics of the business and consumer next-generation M2M and connected device market, discuss how business models, industries and markets are changing as a result of anytime anywhere connectivity, and examine new and innovative high-bandwidth M2M services that will shape the world in which we live.

The report is called: “M2M market: The Next-Generation M2M and Connected Device Business Market – A Paradigm Shift: From Connecting Millions of People, to Connecting Billions of Things – Part I.”

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