M2M, IoT & Wearable Technology Market – 30% CAGR for Installed Base Connections by 2020
PUNE, India, June 21, 2016 /PRNewswire/ —
The M2M, IoT & Wearable Technology market report estimates that global spending on M2M and IoT technologies will reach nearly $250 Billion by 2020, driven by a host of vertical market applications including but not limited to connected car services, remote asset tracking, healthcare monitoring, smart metering, digital signage, home automation and intelligent buildings. The installed base of M2M connections will grow at a CAGR of nearly 30% between 2015 and 2020, eventually accounting for over 10 Billion connections worldwide. The research estimates that multimedia and video applications will account for more than 20% of the revenue generated by M2M and IoT services by 2020, amid growing incorporation of LTE in M2M modules and gateways. Besides optimizing their cellular networks for M2M services, mobile operators are increasingly investing in LPWA networks for low power, low bandwidth IoT applications.
Complete report M2M, IoT & Wearable Technology Market spread across 1113 pages, analysing 600 companies and provides 553 data tables and figures is now available at http://www.reportsnreports.com/reports/444385-the-m2m-iot-wearable-technology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-and-forecasts.html.
With consumer voice and data service returns reaching their peak, mobile operators are looking forward to exploit other possibilities to enhance revenue growth. One such opportunity being providing network connectivity for M2M (Machine to Machine) devices like connected cars, smart meters, and healthcare monitors. Regardless of its low average revenue per user, M2M connectivity has unlocked a multi-billion dollar revenue prospect for MVNOs, mobile operators, and service aggregators, highlighting the application needs of numerous verticals markets. By permitting network connectivity amongst physical objects, M2M has also started the IoT vision – a global network of equipment, sensors, smart devices and applications that can communicate in real time. Looking for opportunities to track bulk of traffic from these wearable devices, many service providers are now seeking to fit wearable technology with their M2M offerings, targeting both consumer and vertical markets.
The “M2M, IoT & Wearable Technology Ecosystem: 2015 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals and Forecasts” report consists of two all-inclusive reports covering M2M, IoT and wearable technology with over 1,110 pages.
- The M2M & IoT Ecosystem: 2015 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals and Forecasts
- The Wearable Technology Ecosystem: 2015 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals and Forecasts
This report “M2M, IoT & Wearable Technology market” package provides an exhaustive calculation of the M2M, IoT and wearable technology ecosystem including enabling technologies, market drivers, key trends, and challenges. The M2M, IoT & Wearable Technology market report also presents an insight on the vertical market applications, collaborative initiatives along with extensive deployment case studies to help the new players to make calculative decisions before venturing in the market. The regulatory landscape, opportunities, standardization has been extensively covered highlighting the future roadmap and value chain of the industry. Not only this, the report profiles the leading market players along with their strategies. The report also presents market size forecasts from 2015 till 2030 which is further segmented into vertical, regional, technology and country submarkets. The M2M, IoT & Wearable Technology market report package comes with elaborate datasheet enhanced with tables and figures covering quantitative data from all numeric forecasts presented in both the reports. Order a Copy of Report at http://www.reportsnreports.com/purchase.aspx?name=444385.
The following companies and organizations have been reviewed, discussed or mentioned in the M2M, IoT & Wearable Technology market report package: 270 Vision, 3GPP (3rd Generation Partnership Project), 3L Labs, 4DForce, 4iii Innovations, 9Solutions, ABB Group, Abbot Laboratories, Accenture, Aclara Technologies, AcousticSheep, Actility, Active Mind Technology, Adidas, ADT Corporation, Aeris Communications, AgaMatrix, AIOTI (Alliance for Internet of Things Innovation), Airbiquity, Airbus Group, AirType, Alcatel-Lucent, Allegion, AllSeen Alliance, Altair Semiconductor, Amazon, Amazon.com, Ambit Networks, AMCi Wireless, AMD (Advanced Micro Devices), América Móvil, Amiigo, Amulyte, Animas, Ansaldo STS, Apple, ARA (Applied Research Associates), Archos, Arduino, ARIB (Association of Radio Industries and Business, Japan), Arkessa, ARM Holdings, Arqiva, Arrayent, Arynga, Asahi Kasei Group, ASUS (ASUSTeK Computer), ASX, AT&T, AT&T Mobility, Atellani, Atheer Labs, ATIS (Alliance for Telecommunications Industry Solutions, U.S.), Atlas Wearables, Atos SE (Societas Europaea), Augmendix, Augtek, Autodesk, Avago Technologies, Ericsson and more.
Explore other reports on IT & Telecommunication Market at http://www.reportsnreports.com/market-research/information-technology/.
On a related note, Connected Car M2M Connections and Services Market in SEA 2016-2020 forecasts a 34.27% CAGR to 2020 for this sector. To calculate the market size, the report considers the following: Service revenue generated from OEMs and aftermarket equipment only. It does not include OEMs hardware revenue and connected car sales revenue – the revenue includes the per year service revenue of Audi connect, and not the device or module cost installed on the Audi vehicle, Revenue from safety and driver assistance, infotainment, vehicle management, insurance-based telematics, and others, Data analytic services and automotive application. The geographical market coverage includes Malaysia, Indonesia, Thailand, Philippines, Singapore and Vietnam. Read more at http://www.reportsnreports.com/reports/586315-connected-car-m2m-connections-and-services-market-in-sea-2016-2020.html .
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