[ Back ]   [ More News ]   [ Home ]
Global Spending on M2M and IoT Technologies Will Reach Nearly $250 Billion by 2020 - Key Vendors are Google, Philips, Samsung, Sony & Bosch

DUBLIN, March 14, 2016 — (PRNewswire) —

Research and Markets ( http://www.researchandmarkets.com/research/6vmwg2/the_m2m_and_iot) has announced the addition of SNS Research's new report "The M2M & IoT Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies, Industry Verticals & Forecasts" to their offering.

Research and Markets Logo

The report estimates that global spending on M2M and IoT technologies will reach nearly $250 Billion by 2020, driven by a host of vertical market applications including but not limited to connected car services, remote asset tracking, healthcare monitoring, smart metering, digital signage, home automation and intelligent buildings.

The installed base of M2M connections will grow at a CAGR of nearly 30% between 2015 and 2020, eventually accounting for over 10 Billion connections worldwide.

The report estimates that multimedia and video applications will account for more than 20% of the revenue generated by M2M and IoT services by 2020, amid growing incorporation of LTE in M2M modules and gateways. Besides optimizing their cellular networks for M2M services, mobile operators are increasingly investing in LPWA networks for low power, low bandwidth IoT application.

M2M (Machine-to-Machine) refers to the flow of data between physical objects, without the need for human interaction. M2M connectivity has opened a multi-billion dollar revenue opportunity for mobile operators, MVNOs and service aggregators, addressing the application needs of several verticals markets.

By enabling network connectivity among physical objects, M2M has also initiated the IoT (Internet of Things) vision - a global network of sensors, equipment, appliances, smart devices and applications that can communicate in real time.

Report Structure:

1: Introduction

2: An Overview of M2M & IoT

3: Key Enabling Technologies

4: Collaboration, Standardization & Regulatory Landscape

5: Vertical Market Applications, Opportunities and Case Studies

6: Industry Road-map & Value Chain

7: Key Ecosystem Players

8: Market Analysis and Forecasts

9: Conclusion and Strategic Recommendations

Companies Profiled Include:

For more information visit http://www.researchandmarkets.com/research/6vmwg2/the_m2m_and_iot

Media Contact:

Research and Markets

Laura Wood, Senior Manager

Email Contact

For E.S.T Office Hours Call +1-917-300-0470

For U.S./CAN Toll Free Call +1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716


To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/global-spending-on-m2m-and-iot-technologies-will-reach-nearly-250-billion-by-2020---key-vendors-are-google-philips-samsung-sony--bosch-300235273.html

SOURCE Research and Markets

Research and Markets
Web: http://www.researchandmarkets.com