In spite of global recession, certain areas of the global M2M industry are illustrating remarkable resilience -- even with the threat of new business models created from the ever-increasing sophistication of the global smartphone and software app ecosystem. According to the latest market study by Juniper Research, the installed base of cellular machine-to-machine (M2M) devices will approach 500 million modules by 2018, driven by more open M2M ecosystems and improved cloud-based APIs. According to their assessment, the M2M space is seeing an increasing focus on the development of open platforms that simplify connectivity to a wide range of isolated devices through the cloud. This movement is already in motion. Juniper believes that the advent of Big Data emerging from M2M service provision will, in time, allow for improved interrogation of M2M data sets -- opening the door to new revenue streams for companies and M2M operators. How the Internet of Things will Evolve Juniper fo...
TMT Market Research and Analysis