Telematics and Consumer Electronics Sectors to Become Anchor Industries for M2M Market
A new study from Juniper Research found that the Telematics and Consumer Electronics sectors are becoming the two anchor industries for the M2M (Machine to Machine) market, challenging the position of smart metering. The report forecasts that the market for M2M and embedded devices will reach 400 million by the end of 2017, up from a little over 110 million at present.
- Mobile Network Operators have embraced M2M as an industry sector, tailoring services and approaches to the industry.
- APIs from M2M specialists are becoming increasingly sophisticated with tailored solutions for individual M2M customers now common.
- Hardware manufacturers are providing increased support for their products including API and industry -specific modules.
- 4G chipsets, while shipping in very low volumes at present, will find their market in the automotive industry and specific applications such as live video monitoring.he report also finds that the price of M2M modules will continue to reduce, particularly for 3G modules, as automotive and consumer electronics use-cases require improved bandwidth and latency, and as 2G infrastructure is retired in some markets.T
In the full report you will aslo find an analysis of the current state of play in the Embedded Mobile and M2M market, as well as five year forecasts for M2M devices, service revenues, connectivity enablement revenues and the value of the hardware market.