Skip to main content

Upside for M2M Application Enablement Platforms

According to the latest market study by ABI Research, cellular wireless machine-to machine (M2M) application development has traditionally been a complex, costly, and time-consuming endeavor.

Typically, software developers create their applications from start to finish as entirely custom projects. However, across different applications and verticals, there is actually much commonality of requirements in terms of core features and functionality.

For example, how to model an object in the application, how to create rules and alerts, and how to provide security mechanisms are all features that span the M2M market.

Increasingly, third-party providers of what ABI Research calls Application Enablement Platforms (AEPs) -- software designed to provide these core features for multiple M2M applications -- are stepping up their efforts to abstract away much of the burden of application development.

"ABI Research believes the Market for AEP software will grow from about $169 million in 2011 to roughly $1.7 billion by 2017," says ABI Research practice director Sam Lucero.

Despite the vast opportunity for merchant-market AEP solutions, the market at present is nascent, small, and comprised of a variety of vendors coming to the market from differing backgrounds.

ABI Research counts over 30 companies currently active in this space, ranging from pure-play providers like Axeda, ILS Technology, and ThingWorx, to M2M module and modem suppliers like Digi International, Sierra Wireless, Novatel Wireless, and Eurotech, to core network infrastructure providers like NSN and NEC.

ABI Research believes that at the present state of market development, the pure-play providers as well as those coming at the market from a module/modem background, are gaining the most traction in the market. This is a benefit of their close focus on the M2M market and their nuanced understanding of the needs of M2M application providers.

However, there is clear opportunity for consolidation going forward, and ABI Research expects that as the M2M market becomes ever more mainstream, it is likely that large core network infrastructure and IT equipment vendors with deep pockets will start to “roll up” the smaller players in a natural process of consolidation.

Popular posts from this blog

Global Digital Business and IT Consulting Outlook

Across the globe, CEOs and their leadership teams continue to seek information and guidance about planned Digital Transformation initiatives and the most effective enterprise organization change management practices. Worldwide IT and Business Services revenue will grow from $1.13 trillion in 2022 to $1.2 trillion in 2023 -- that's a 5.7 percent year-over-year growth, according to the latest market study by International Data Corporation (IDC). The mid-term to long-term outlook for the market has also increased -- the five-year CAGR is forecast at 5.2 percent, compared to the previous 4.9 percent. Digital Sevices & Consulting Market Development IDC has raised the growth projection despite a weak economic outlook, because of vendor performances across 2022, growth indicators from adjacent markets, increased government funding, and inflation impacts. The actual 2022 market growth was 6.7 percent (in constant currency), which was 87 basis points higher than forecast last year, alth

Why Instant Issuance Payment Cards Evolved

The global financial services sector continues to grow as more progressive organizations seek to gain a meaningful competitive advantage from their digital transformation initiatives. Across the globe, many regions are seeing a significant rise in 'instant issuance' activity from a physical and digital perspective, from both traditional and emerging innovative banking institutions. Digital Payments Market Development Customers increasingly demand instant access to banking services, with physical instant issuance enabling them to leave their branch equipped with a ready-to-go payment card. According to the latest worldwide market study by ABI Research, the market for instantly issued physical payment cards will increase from 243.2 million shipments in 2022 to a forecast of 471.1 million in 2027. "Critically, instant issuance of payment cards is no longer limited to the physical," said Sam Gazeley, industry analyst at ABI Research . Indeed, the growing digitization of p

Digital Talent Demand Exceeds Supply in Asia-Pac

Even the savviest CEO's desire for a digital transformation advantage has to face the global market reality -- there simply isn't enough skilled and experienced talent available to meet demand. According to the latest market study by IDC, around 60-80 percent of Asia-Pacific (AP) organizations find it "difficult" or "extremely difficult" to fill many IT roles -- including cybersecurity, software development, and data insight professionals. Major consequences of the skills shortage are increased workload on remaining digital business and IT employees, increased security risks, and loss of "hard-to-replace" critical transformation knowledge. Digital Business Talent Market Development Although big tech companies' layoffs are making headlines, they are not representative of the overall global marketplace. Ongoing difficulty to fill key practitioner vacancies is still among the top issues faced by leaders across industries. "Skills are difficul