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Infonetics: Mobile Machine-to-Machine (M2M) Module Market Nearly Doubling to $2.9 Billion by 2018
|By Business Wire
|May 21, 2014 05:01 PM EDT
Market research firm Infonetics
Research released excerpts from its latest Mobile
M2M Modules report, which provides market share, market
size, forecasts, analysis, and trends for mobile machine-to-machine (M2M)
modules by technology, vertical, and region.
M2M ANALYST NOTE
“The services built upon mobile machine-to-machine (M2M) modules, such
as fleet management and connected car, are already a sizeable business
and are growing much faster than traditional business lines. We look for
the market to accelerate beginning in 2015 as M2M services inflect and
module sales shift toward higher-ARPU
3G and 4G systems, ultimately just about doubling to $2.9 billion in
2018,” notes Godfrey
Chua, directing analyst for M2M and The Internet of Things at Infonetics
MOBILE M2M MODULE MARKET HIGHLIGHTS
For the full year 2013, the global mobile machine-to-machine (M2M)
module market totaled $1.4 billion, up 6% from the previous year
2G remains a key foundation, comprising the majority of units shipped
in 2013, though with the shift toward broadband technologies,
Infonetics expects 3G to grow to 67% of mobile M2M module revenue by
LTE is the most dynamic and fastest-growing technology segment, with a
2013–2018 compound annual growth rate (CAGR)
of a very robust 144%
North America and Europe are the key centers of mobile M2M module
growth, but buoyed by significant investments in China, Japan, South
Korea, and Singapore, Asia Pacific is catching up and is expected to
account for a third of total revenue by 2018
Sierra Wireless, Gemalto/Cinterion, and Telit dominate
the M2M module space, together accounting for nearly two-thirds of
total market revenue, with a combined total of almost a billion
dollars in module sales
Chinese vendors Huawei and ZTE are rising and creating
intense pricing pressure in emerging markets in Asia and other parts
of the world
M2M REPORT SYNOPSIS
M2M modules report provides worldwide and regional market size,
market share, forecasts through 2018, analysis, and trends for mobile
M2M modules (units, revenue, ARPU) by technology (GSM/GPRS/EDGE,
CDMA2000/EV-DO, W-CDMA/HSPA, LTE, WiMAX) and vertical (utilities/smart
grid, automotive/transport/logistics, security/surveillance,
retail/vending, healthcare, other). Companies tracked: Gemalto/Cinterion,
Sierra Wireless, Telit, Huawei, ZTE, and others.
The report includes a customer-wins tracker by manufacturer, including Gemalto/Cinterion,
Novatel Wireless, Quake Global, Sierra Wireless, Telit, U-Blox.
Service providers and enterprises noted include Aeris, Nex-Tech
Wireless, SK Telecom, Sprint. To buy
the report, contact Infonetics: http://www.infonetics.com/contact.asp.
RELATED REPORT EXCERPTS
RECENT AND UPCOMING M2M/IOT MARKET FORECASTS AND SURVEYS
Download Infonetics’ 2014
market research brochure, publication calendar, events
brochure, report highlights, tables of contents, and more at http://www.infonetics.com/login.
to register for upcoming
webinars, view recent webinars
on demand, or learn about sponsoring
The Role of Service Delivery Platforms in M2M and IoT (View
Unlocking Revenues with Carrier Ethernet 2.0 Wholesale E-Access (May
How to Get the Best Out of DAS, Small Cells and WiFi (June 5: Attend)
Indoor Wireless Solutions: Technologies, Challenges & Backhaul (View
NFV: The Nitty Gritty (View
How Connected Cars Drive Revenue for M2M Service Providers (Sponsor)
The Role of Policy & Charging in M2M (Sponsor)
TO BUY REPORTS, CONTACT:
N. America (West), Asia Pacific: Larry Howard, [email protected],
N. America (East, Midwest), L. America: Scott Coyne, [email protected],
EMEA, India, Singapore: George Stojsavljevic, [email protected],
Japan, South Korea, China, Taiwan: http://www.infonetics.com/contact.asp
Infonetics Research (www.infonetics.com)
is an international market research and consulting firm serving the
communications industry since 1990. A leader in defining and tracking
emerging and established technologies in all world regions, Infonetics
helps clients plan, strategize, and compete effectively. View
Infonetics’ About Us slides at http://bit.ly/QUrbrV.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140521006635/en/
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