Skip to main content

Upside for Smart Devices with Embedded M2M Tech

Machine to machine (M2M) connectivity will be embedded in more than 2 billion devices across nine key industries by 2018. But it will be cellular wireless communication services that will bring the bulk of the value and the revenues, according to the latest global market study by ABI Research.

A new generation of smart devices is set to have embedded connectivity and manufacturers already have a number of technologies to select to deliver network connectivity.

ABI Research has examined the demand and appeal for M2M connectivity across cellular, satellite, fixed-line and short-range wireless technologies within nine key industry verticals.

Each technology has specific advantages and appeal, but cellular is the best placed to deliver the most value, hence revenues, for the connection.

"Looking at demand for connectivity, while cellular will not have the highest number of connections, or the highest average revenue per connection, it will provide the greatest opportunity to drive the most overall value from those connections,” says Jonathan Collins, principal analyst at ABI Research.

Industries including Automotive, Healthcare, Manufacturing, Retail, Security, Energy and others will all add connectivity to devices and products in a bid to improve efficiency, cut costs, and improve customer service.

Across M2M device connectivity options a combination of mobility, flexibility, coverage and simple connection management, will ensure strong adoption for cellular. The value around that proposition also positions cellular mobile network operators to best leverage a return for those connections.

Over the forecast period short-range wireless or wireless sensor network connectivity will outpace cellular connection growth, but there is little ability for those connections to directly deliver any revenues for the provision of that connectivity.

In addition, ABI believes that satellite -- with higher revenue per connection -- does not have the same versatility as cellular, thereby limiting its applications to fewer industry verticals.

Popular posts from this blog

Why Healthcare and Smart City Apps Drive 5G IoT

Fifth-generation (5G) wireless technology for cellular networks is a successor to fourth-generation (4G) wireless technology. By 2023, Juniper Research anticipates that there will be over 1 billion 5G connections globally. The technology will provide the data infrastructure for the advancement of wireless communications and for new developments in the Internet of Things (IoT) -- including smart cities and healthcare. 5G IoT Market Development According to the latest worldwide market study by Juniper Research, 5G IoT connections will reach 116 million globally by 2026 -- that's increasing from just 17 million connections in 2023. Juniper analysts predict that the healthcare sector applications and government or other smart city services will drive this outstanding 1,100 percent growth over the next three years. Juniper examined 5G adoption across key industry sectors -- such as the automotive, mobile broadband, and smart homes -- and forecasts healthcare and smart cities will accoun

How Savvy Leaders Re-Imagine Work in 2023

As we look to the year ahead, there will be significant challenges and opportunities facing the Chief Human Resource Officer (CHRO) role. In order to be successful, savvy HR leaders must be prepared to take proactive steps that adapt and evolve. "HR leaders have faced an increasingly unpredictable environment amid many organizations mandating a return to office, permanently higher turnover and burnt out employees," said Emily Rose McRae, senior director at Gartner . HR Innovation Market Development One of Gartner's key predictions for 2023 is that the use of artificial intelligence (AI) and automation will continue to increase within the enlightened digital workplace. This transition will require HR leaders to develop new skills and competencies in order to effectively manage and lead teams that are increasingly relying on these enabling technologies. Additionally, HR leaders will need to ensure that their organizations are investing in the necessary infrastructure and re

Top 10 CFO Priorities Require Rethinking Finance

The Chief Financial Officer (CFO) role is essential to digital business growth. While CFOs do not get closely involved in the tactical details of the digital transformation of their functions, they still recognize its strategic importance. According to the latest survey by Gartner, CFOs are faced with the challenge of balancing the need for substantive digital business innovation with financial cost control and risk management. "CFOs will be stretched thinly across many activities in 2023. The survey revealed a wide range of actions CFOs plan to either lead or be significantly involved with," said Marko Horvat, vice president at Gartner. Survey Findings: The Top Ten Priorities Cost Optimization - Cost reduction remains the top priority for CFOs as they look for ways to cut costs and improve efficiency in their operations. This includes identifying cost-saving opportunities through automation, outsourcing, and business process improvement. Business Continuity - The global C