The machine-to-machine (M2M) wireless communications
technology has been significantly driving mobile data revenues
for wireless service providers.
In the U.S., the Department of Transportation is preparing
regulatory proposals to make vehicle-to-vehicle communications
compulsory to prevent crashes, reduce traffic congestion and to
save fuel. We expect this new regulation to significantly boost
the mobile M2M market.
A typical mobile M2M messaging system establishes a wireless
communication link between a group of devices and a computer
server or another device for transmitting data contained within
The M2M market provides the opportunity to mobile-enabled
millions of devices, like cars, utility meters, vending machines
and consumer electronics devices to get connected to a wireless
M2M is a rapidly growing market opportunity. According to a
report by research firm IDATE, the global M2M communications
market is expected to generate revenues over $53 billion,
substantially up from $33 billion in 2013. Over the same time
frame, the number of M2M module deployment is predicted to rise
from 175 million to 470 million.
Earlier, research firm Ovum had forecasted that the global M2M
communications market size will reach nearly $45 billion in 2018.
Industry verticals like healthcare, manufacturing, energy and
utilities will largely benefit from the progress.
Next-generation (4G) technology is also boosting the growth of
the M2M segment as it provides exceptionally high speeds. Massive
throughput and low latency period of LTE technology enable easy
access for large-scale applications like fleet management,
security, automotive, navigation, and video content.
In the U.S., all four national telecom operators, namely,
Verizon Communications Inc.
T-Mobile US Inc.
) are expanding their M2M operations.
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