|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 Research.
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 2018
- 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
Infonetics' mobile 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
- M2M service providers discuss strategy and name top platform vendors in Infonetics survey
- As businesses turn to the IoT for growth, M2M WAN connections set to triple by 2018
- Policy management now a $1 billion market, with mobile leading the way
- APIs and M2M gold rush drive big spending in SDP market
- Enterprises turning to machine-to-machine (M2M) services to get a leg up on competition
RECENT AND UPCOMING M2M/IOT MARKET FORECASTS AND SURVEYS
- Analyst Note: MWC14: M2M & a Pipe-Based Business Model (Mar.)
- Analyst Note: The Many Faces of the M2M & IoT Business Model (Mar.)
- M2M Connections & Services by Vertical (Apr.)
- Worldwide M2M Service Provider Leadership Analysis (May)
- Home Automation & Connected Home Strategies: Global Service Provider Survey (May)
- Connected Car M2M Connections & Services (July)
- The Role of Service Delivery Platforms in M2M and IoT (View on-demand)
- Unlocking Revenues with Carrier Ethernet 2.0 Wholesale E-Access (May 29: Attend)
- How to Get the Best Out of DAS, Small Cells and WiFi (June 5: Attend)
- Indoor Wireless Solutions: Technologies, Challenges & Backhaul (View on-demand)
- NFV: The Nitty Gritty (View on-demand)
- 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, firstname.lastname@example.org, +1 408-583-3335
N. America (East, Midwest), L. America: Scott Coyne, email@example.com, +1 408-583-3395
EMEA, India, Singapore: George Stojsavljevic, firstname.lastname@example.org, +44 755-488-1623
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.
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