Skip to main content

Posts

Showing posts with the label M2M

New Technology Fuels Road Freight Innovation

Today's supply chain leaders seek to access the most cost-effective road transportation. Deploying configurable and scalable fleet management solutions is enabling the efficient operation of commercial truck and van fleets of all sizes. Digital hardware and software advancements continue to create new use cases and capabilities of telematics to enhance the commercial fleet performance, improve efficiency, and save operating costs. According to the latest worldwide market study by ABI Research, commercial telematics revenues will reach $41.67 billion globally by 2027. Commercial Telematics Market Development The revenue includes hardware telematics units such as Telematics Control Units (TCUs) and subscription fees charged by telematics services vendors for Software-as-a-Service (SaaS) apps. These technology-based solutions could include a broad range of functionalities -- such as vehicle diagnostics, broader data sharing, and real-time data-enabled analytics. This upside growth po...

Industrial IoT Software Revenue will Reach $216 Billion

The applications for the Internet of Things (IoT) technologies has gained new momentum within industrial sectors. With a focus on machine-to-machine (M2M) communication and machine learning, Industrial IoT enables CIOs and CTOs to improve the efficiency and reliability of key operations. The primary sectors served by Industrial IoT solutions include agriculture, energy and utilities, logistics, manufacturing, mining, plus petrochemical oil and gas. Leaders within the Industrial IoT ecosystem must ensure that they implement the most applicable connectivity technologies for each application scenario. These IoT solutions can utilize various available wireless networking technology standards -- such as Wi-Fi, LoRa, Zigbee, Bluetooth, or 5G cellular -- which demonstrates the potential for fragmentation. That said, each of these network types has specific characteristics optimized for different industrial use cases, which can create significant challenges while integrating different communic...

How Connected Cars Support Flexible Working Trends

It's estimated there are over 1.1 billion personal vehicles currently in use globally. Juniper Research predicts steady growth for all eight key regions, with vehicles on the roads reaching 1.2 billion around the world in 2025. North America, West Europe, and the Far East & China have the highest number of vehicles in use per 1,000 persons of the population. In recent years there have been changes in the market, with higher adoption of hybrid and fully electric cars which require more complex operational monitoring technology. Plus, with more people embracing remote and flexible working models, the car can become a mobile office with all the associated business requirements, including reliable broadband connectivity. Connected vehicles can utilize several types of technology. Among those, existing mobile communications network infrastructure already plays a key role, in some cases, in tandem with short-range technology, such as Road-Side Units (RSUs). Connected Vehicles M...

Upside for Smart City Device Management Solutions

Smart city projects will gain new momentum in 2020 as more municipal government leaders adopt new technologies, such as the Internet of Things (IoT) and Machine to Machine (M2M) communications. Street lighting is the area where adoption is noteworthy. According to the latest worldwide market study by Berg Insight, the installed base of smart street lights was 10.4 million worldwide at the end of 2018. Growing at a compound annual growth rate (CAGR) of 24.5 percent, the installed base will reach 31.2 million in 2023. Smart City Market Development Global market leadership continues to evolve as new projects are launched. Europe is the leading smart street lighting market accounting for nearly 40 percent of the installed base. Characterized by a higher degree of utility ownership of street lighting assets, the North American market has seen a more scattered uptake of smart street lighting but is nevertheless home to several of the world’s largest deployments. North America acc...

Global IoT and M2M Solutions Market Growth Trends

The Internet of Things (IoT) and machine to machine (M2M) solutions market continues to evolve, showing growth in all world regions and vertical industries. A variety of hardware and software vendors are helping to propel the emerging technology and associated use cases to new heights. As an example, the market for cellular IoT gateways, routers and modems is expanding, according to the latest worldwide market study by Berg Insight. More than 3.4 million cellular IoT gateways were shipped globally during 2018, at a total market value of approximately $921 million. Growing at a compound annual growth rate (CAGR) of 18.5 percent, annual shipments are expected to reach 8 million in 2023. IoT Gateway Market Development Cellular IoT gateways are standalone devices intended for connecting machines to a wireless communication network. These include general-purpose cellular gateways, routers and modems that are enclosed in a chassis and have at least one input/output port. Note that ...

Wireless IoT Applications within Industrial Automation

The technologies associated with the internet of things (IoT) and machine to machine (M2M) connectivity are enabling a new wave of wireless networking applications within the industrial automation sector. According to the latest global market study by Berg Insight, annual shipments of wireless devices for industrial automation applications reached 4.6 million units worldwide in 2018, accounting for approximately 6 percent of all new connected nodes. Growing at a compound annual growth rate (CAGR) of 16.3 percent, annual shipments are expected to reach 9.9 million in 2023. Moreover, the installed base of wireless IoT devices in industrial automation applications reached 21.3 million units in 2018. Industrial Automation Market Development While wired networking solutions are still predominantly used for industrial communications between sensors, controllers and systems, wireless solutions have gained a strong foothold in a number of applications. Wireless solutions are used for...

New Technology will Disrupt Automotive Business Models

In-vehicle technologies and telematics, in particular, will transform the automotive industry. The term ‘connected cars’ refers to devices installed in the vehicle which allow Machine-to-Machine (M2M) communication or machine-to-human interaction. M2M is communication between two single machines with no human interaction. In terms of vehicle telematics, this allows data to be sent from the vehicle to another location and used for vehicle conditioning or to monitor driver behavior. Connected Car Market Development According to the latest worldwide market study by Juniper Research, over 62 million vehicles will be capable of Vehicle-to-Vehicle (V2V) communication by 2023 -- rising from just over 1.1 million in 2019. This adoption represents an average annual growth rate of 173 percent over these 4 years. Juniper believes that V2V solutions will enable low-latency communications between vehicles, notably for the purpose of driver safety. The new market analysis found that th...

Connected Cars Drive Mobile eCommerce Applications

Automobiles are getting smarter and more connected to the world around them. The term 'Connected Cars' refer to devices installed in the vehicle which allow Machine-to-Machine (M2M) communication or machine-to-human interaction. M2M is communication between two single machines with no human interaction. Regarding vehicle telematics, M2M technology enables data to be sent from the vehicle to another location and used for vehicle conditioning or to monitor driver behavior. Connected Cars Market Development According to the latest worldwide market study by Juniper Research, 775 million consumer vehicles will be connected via telematics or by in-vehicle apps by 2023, rising from 330 million vehicles in 2018. This is an average annual growth of 18.7 percent over the next 5 years. Juniper forecasts that automotive OEMs will enable in-vehicle infotainment systems to be accessible to third-party developers. In turn, this will accelerate the expansion of new technologies and ser...

Internet of Things Device Market Gains Momentum

Demand for Internet of Things (IoT) devices continues to grow. Berg Insight released new findings of the market for cellular IoT gateways, routers and modems. About 3.2 million cellular IoT gateways were shipped globally during 2017 -- that's an increase of 22 percent from the previous year. Growing at a compound annual growth rate (CAGR) of 18.2 percent, annual shipments are expected to reach 8.6 million in 2023. Cellular IoT gateways are standalone devices intended for connecting M2M applications to a cellular network. Internet of Things Market Development These include primarily general-purpose cellular routers, gateways, and modems that are enclosed in a chassis and have at least one input/output port. Trackers, telematics devices and other specialized devices are excluded from this report. According to the Berg Insight assessment, North American vendors dominate the cellular IoT gateway, router and modem market. Cradlepoint, Sierra Wireless, Cisco and Digi Internatio...

Hybrid Industrial Cloud Computing Gains Momentum

Why do most internet of things (IoT) analytics operations occur in the cloud? The public cloud offers a centralized location for large amounts of affordable storage and computing power. But there are many instances in which it makes more sense to perform analytics closer to the thing or activity that is generating or collecting data ­– equipment deployed at customer sites. This is particularly true in industrial and manufacturing environments, which are familiar with the challenges of managing massive amounts of unstructured data, but may lag when it comes to the virtualization of IT infrastructure. Industrial Cloud Market Development Advances in intelligent process manufacturing, factory automation, artificial intelligence and machine learning models all benefit from edge analytics implementations, yet will likely become islands of automation without a cohesive industrial cloud computing platform. The industrial cloud covers everything from the factory floor to the industrial ...

How 5G Mobile Services Enable New M2M Apps

Being first-to-market with the latest wireless infrastructure can help drive local economic development. That said, according to industry analysts, the introduction and deployment of 5G communication services will take a different path to market. Therefore, mobile network operators cannot rely on previous methods of implementing 4G networks. 5G needs ultra-low latency at the edge. A reduction in network power consumption is also a key requirement. 5G M2M Market Development According to the latest worldwide market study by Juniper Research, the total number of cellular machine-to-machine (M2M) connections will reach 1.3 billion by 2022 -- that's a 220 percent increase from an estimated 400 million in 2017. The new research found that emerging cellular networks -- including NB-IoT, LTE-M and 5G -- will grow together to account for just under 10 percent of all cellular M2M connections by 2022. Mobile network operators are now racing to provide the underlying connectivity for...

Upside for Emerging Machine-to-Machine Applications

Mobile network service providers are upbeat about their new revenue sources in the future. The emerging Internet of Things (IoT) and Machine-to-Machine (M2M) technologies continue to gain momentum in the Global Networked Economy, as more organizations explore the application possibilities. Berg Insight released their latest study findings about the market for cellular M2M terminals. About 4.9 million cellular M2M terminals were shipped globally during 2016 -- that's an increase of 28 percent from the previous year. M2M Technology Market Development Growing at a compound annual growth rate (CAGR) of 18.8 percent, Berg Insight believes that this number is expected to reach 13.7 million M2M terminals in 2022. Berg Insight defines cellular terminals as standalone devices intended for connecting M2M applications to a cellular network. These include primarily general-purpose cellular routers, gateways and modems that are enclosed in a chassis and have at least one input or output...

Connected Car Commerce Revenue will Reach $100B

The notion of Connected Cars refers to devices installed in a vehicle which allow Machine-to-Machine (M2M) communication. Moreover, M2M is typically wireless communication between two single machines or systems, without requiring any human interaction. In relation to vehicle telematics, this capability enables data to be sent from the vehicle to another location and thereby used for vehicle conditioning, or to monitor the vehicle driver's behavior. Beyond the connected car ecosystem, there are opportunities for integration with other emerging technology ecosystems -- such as the smart home and smart city technology. The ultimate commercial value of the ecosystem will be determined by others, such as government policymakers and Mobile Network Operators (MNOs). Connected Car Market Development A new market study by Juniper Research has revealed that, by 2022, 50 percent of consumer vehicles on the road will have at least one connectivity service -- such as telematics, vehicle...

Autonomous Vehicle Ecosystem Gains Momentum

The term connected cars refers to devices installed in the vehicle which allow Machine-to-Machine (M2M) communication or machine-to-human interaction. M2M is communication between two machines that require no human interaction. In contrast, vehicle telematics enables data to be sent from a vehicle to another location, and used for vehicle conditioning or to monitor driver behavior. Beyond the connected car ecosystem, opportunities will present themselves for integration with other ecosystems, such as the smart home and smart city technology. The full value of the ecosystem will be felt by others outside the connected car ecosystem, such as law makers and mobile network operators. Connected Vehicle Market Development According to the latest worldwide market study by Juniper Research, 50 percent of new vehicles will be shipped with Vehicle-to-Vehicle (V2V) hardware by 2022 -- it's a wireless communication technology that enables real-time short-range communication between veh...

Distributed Ledger Technologies Enable Smart Contracts

Blockchain applications are driving significant new investment in related Internet of Things (IoT) projects. The rapidly evolving distributed ledger technology will alter established industries beyond financial services, according to the latest worldwide market study by ABI Research. In addition to online transactions, blockchain technology can also be used for communication, identification, ownership, and device management. Besides, with continued architecture improvements and ecosystem expansion, blockchain technology is moving into smart contracts and other promising use cases. Blockchain Apps Market Development "These pre-programmed, self-executing, autonomous contracts can be used for numerous applications, including: digital identities, governance, asset tracking, and M2M transactions, among many others," said Michela Menting, research director at ABI Research . Through these evolving IoT related technologies, blockchain can affect and perhaps transform all kind...

More IoT and M2M Apps will Gain Momentum in 2017

There's more growth for the Internet of Things (IoT) technologies sector during 2017. According to the latest market study by Berg Insight, global shipments of cellular IoT devices will grow at a compound annual growth rate (CAGR) of 22.7 percent from 155.6 million units in 2016, to reach 530.1 million units in 2022. Strong growth is fueled by fast-growing demand in China and the global adoption of connected car technology in the automotive industry. Berg Insight believes that the maturity of the ecosystem is a crucial advantage for 3GPP-based standards in the IoT market. "LTE-M and NB-IoT are the latest in a long line of cellular standards already connecting hundreds of millions of devices worldwide," said Tobias Ryberg, senior analyst at Berg Insight . "Alternative non-cellular LPWA technologies have a very long way to go before they achieve the same prominence.” Berg Insight estimates that annual shipments of non-cellular LPWA devices for IoT reached 13.5 mi...

How New Services will Advance the Internet of Things

As the Internet of Things (IoT) market matures during 2017, there's an increased focus on IoT service development, as more vendors explore the various new applications that are helping to stimulate growth in the sector. That said, many more devices will be 'online' this year. Many for the first time. It's estimated that 8.4 billion connected 'things' will be in use worldwide in 2017 --that's up 31 percent from 2016, and will reach 20.4 billion by 2020, according to the latest market study by Gartner. As a result, total spending on endpoints and IoT services will reach almost $2 trillion in 2017. Moreover, Greater China, North America and Western Europe are driving the use of connected things and it's estimated that the three regions together will represent 67 percent of the overall IoT installed base in 2017. Internet of Things Market Development  The consumer segment is the largest user of connected things, with 5.2 billion units in 2017. That r...

Why Industrial IoT and New Public Services will Blossom

As more sensors become connected to the internet, they're provided a unique digital identity. As the complex relationship between these M2M connected units evolve, space and time should be considered as key factors when analyzing data. The number of connected Internet of Things (IoT) devices, sensors and actuators will reach over 46 billion in 2021, according to the latest worldwide market study by Juniper Research. This 200 percent increase in growth from 2016 will likely be driven by a reduction in the unit costs of hardware. Juniper says that costs will average close to the $1 sensor device objective throughout the forecast period. IoT Applications Market Development Their latest global study found that industrial and public services will post the highest IoT device growth over the forecast period, averaging over 24 percent annually. However, the analyst's assessment cautioned that both service providers and end-users will face tremendous challenges when considerin...

Internet of Things Market Development Trends for 2017

It's been a busy year for those telecom service providers who are active in the Internet of Things (IoT) market. Currently, IoT accounts for less than 1 percent of most network operator's total revenue, according to the latest study by Analysys Mason . It will take until 2025 for IoT to exceed 5 percent of service provider total revenue, even starting from 1 percent and growing by 20 percent per year (assuming flat top-line revenues), which is roughly in line with current growth rates for their IoT businesses. Meanwhile, telcos may explore acquisitions or investments. Verizon was one of the few operators to make a move in 2016, investing over $3 billion on its acquisitions of Fleetmatics, Telogis and other smaller firms. More network operators may follow Verizon's lead in 2017. Service Provider Outlook for IoT in 2017 Almost all presentations on 5G mention IoT, but few presentations on IoT mention 5G. IoT vendors are already developing solutions. Massive M2M connect...

Evolving Telecom Network Infrastructure for IoT Apps

Wireless communication technology is a key component of most Internet of Things (IoT) projects. Choosing the best-fit solution can be challenging, due to the use of competing technologies. Mobile network service providers prefer open standards-based technology. So, that's a key market driver. ABI Research forecasts that although proprietary Low-Power Wide-Area Networks (LPWANs) using LoRa, RPMA, and SIGFOX dominate today, the imminent commercialization of cellular LPWANs using the LTE Cat-M1, NB-IoT, and EC-GSM-IoT technologies will quickly rival the proprietary footprint. Cellular LPWANs promise wide support from a large ecosystem, interoperability among vendors and mobile network operators, and the ability for existing cellular networks to rapidly scale up through a straightforward software upgrade with no new spectrum or hardware required. Market Development of IoT Infrastructure Telecom service providers throughout North America, Western Europe, and the Asia Pacific reg...