M2M (Machine-to-Machine) is the flow of data from a physical object to another, without human intervention. M2M technology has resulted in the opening up of a huge market opportunity which would benefit mobile companies, mobile virtual network operators (MVNOs), service aggregators and others.
M2M has also facilitated network connectivity among devices, initiating the IoT (Internet of Things) industry. While the internet had already connected devices to each other, human mediators were almost always required up until present. However, technological advancements will henceforth make the internet dynamic and facilitate a global network of smart devices, applications, vehicles, sensors, appliances, etc. that are able to establish real-time communication.
Experts opine that proliferation of connected machines, evolution of analytical capabilities, and decline of economic and technological barriers are creating limitless possibilities in the M2M and IoT space. According to recent research, IoT will include close to 27 billion devices by 2020, worldwide. Higher affordability of cloud computing, storage and bandwidth, and higher speed networks, are enabling devices to connect to the internet, and with each other.
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Global M2M and IoT ecosystem market is anticipated to exceed USD 248 billion by 2020. To realize the full potential of the market, various stakeholders will need to work in synchronization. Key challenges for businesses to adopt M2M and IoT technology include security and privacy, interoperability, and lasting economic value.
The market is categorized as per end-users, applications, technologies, and regions. Key vertical end-users include energy & utilities; retail & vending; healthcare; and automotive & transportation. Others like intelligent buildings & infrastructure; asset management; consumer electronics & home automation; and public safety, security & surveillance are also important to growth.
Major application segments encompass metering; security; multimedia & video; tracking & tracing; payments; remote monitoring, maintenance and control; and others. Multimedia & video would account for over 20% of the total global revenues in 2020, owing to rising adoption of LTE in M2M gateways and modules.
Networking technologies comprise wide area networking and short range networking. Satellite, wireline, 2G and 3G cellular, LPWA, LTE and 5G cellular, and others constitute the wide area networking technologies. LPWA would prove lucrative due to benefits like low power and low bandwidth requirements for IoT applications. Short range networking includes Bluetooth and ZigBee, WiFi, and others. There are six chief regional markets viz. North America, Asia Pacific, Western Europe, Eastern Europe, Middle East & Africa, and Latin & Central America.
Topics Covered
The report covers the following topics:
– M2M and IoT ecosystem
– Market drivers and barriers
– Enabling technologies and key trends
– Network architecture and mobile operator business models
– Assessment of cellular, satellite, LPWA (Low Power Wide Area), wireline and short range networking technologies
– Analysis of key trends in the ecosystem including but not limited to IoT platforms, traffic projections, multimedia applications, LTE adoption, roaming, cloud services and network security
– Vertical market applications, opportunities and deployment case studies
– Regulatory landscape, collaborative initiatives and standardization
– Industry roadmap and value chain
– Profiles and strategies of over 240 leading ecosystem players, including enabling technology providers, mobile operators, MVNOs, aggregators, IoT platform providers, system integrators and vertical market specialists
– Strategic recommendations for ecosystem players
– Market analysis and forecasts from 2015 till 2030
Historical Revenue and Forecast Segmentation
Connection and service revenue forecasts are provided for each of the following submarkets and their subcategories:
Wide Area Networking Technologies
– 2G & 3G Cellular
– LTE & 5G Cellular
– Satellite
– LPWA
– Wireline
– Others
Short Range Networking Technologies
– WiFi
– Bluetooth & ZigBee
– Others
Application Categories
– Multimedia & Video
– Remote Monitoring, Maintenance & Control
– Metering
– Tracking & Tracing
– Security
– Payments
– Others
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