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News Release from: E-principles
Edited by the Electronicstalk Editorial
Team on 14 October 2003
M2M set to dominate cellular landscape
A new report predicts that the number of cellular machine-to-machine connections will overtake the number of cellphone subscribers in North America, Western Europe and Japan within eight years.
The number of cellular machine-to-machine (M2M) connections will overtake the number of cellphone subscribers in North America, Western Europe and Japan within the next eight years, according to a new report by M2M consultancy E-principles The report, entitled "Cellular M2M: generating profit from the business opportunities", examines the cellular M2M market worldwide and provides forecasts to 2008 for cellular module sales, mobile network revenue, service provider revenue and IT systems
This article was originally published on Electronicstalk on 8 Nov 2004 at 8.00am (UK)
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"Worldwide, cellular M2M represents a $20 billion opportunity in mobile network revenue alone by 2008 and up to $74 billion in service provider revenue", says Robin Duke-Woolley, Director of E-principles.
"M2M is the new business opportunity in wireless".
In the North American, West European and Japanese markets, cellphone subscriber growth is now slowing as penetration levels reach 75-80% of their populations over the next few years.
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On the other hand the cellular M2M market, which uses cellular networks to let machines talk to one another wherever they are, is just getting going, says the report.
Using cellular connections for M2M, a vending machine can be installed virtually anywhere but still be connected to a support centre to signal when it is empty, out of service or to check its cash level.
Credit and debit card terminals can be set up at temporary market stalls, trade shows and fairs, in taxicabs and private limos, shopping mall kiosks and many other locations.
Insurance companies have even recently started to use the technology to monitor the driving style of policyholders in exchange for lower insurance premiums.
Farmers are using it to monitor crop yields in the fields and engineers to check water levels on flood plains.
Businesses are using it to check goods in transit and make their operations more effective, at lower cost.
As a result, M2M technology is being installed in cars, buses, lorries, trains, in cargo containers for tracking, in homes for security purposes, in utility meters for remote reading and many other locations.
The opportunities for using the technology are almost endless and the number of machines that can add real value by being able to communicate with others over remote wireless links is far greater than the population of countries.
But the cellular M2M business is quite different from the cellphone business.
Millions of machines need to communicate only small amounts of data on a regular basis.
This means small amounts of airtime, required often.
The data transmitted must also be processed and made available to whoever needs it, wherever they are and often in real time.
The implications for IT systems are therefore substantial and the need for new services to provide the information to the right person, at the right time is also growing rapidly.
"Cellular M2M: generating profits from the business opportunities" is now available.
Along with this report, E-principles has also published a complementary report entitled "Wireless M2M and telematics: gaining value in vertical markets".
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