M2M & IoT a $250 billion opportunity, says SNS Research report
DUBAI, UAE. 15th October 2015: SNS Research's latest report indicates that spending on M2M and IoT technologies is expected to account for nearly $250 Billion by 2020.
M2M (Machine-to-Machine) 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.
SNS Research 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 “M2M & IoT Ecosystem: 2015 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts” report presents an in-depth assessment of the M2M and IoT ecosystem including enabling technologies, key trends, market drivers, challenges, vertical market applications, deployment case studies, collaborative initiatives, regulatory landscape, standardization, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents market size forecasts from 2015 till 2030. The forecasts are segmented for 8 vertical markets, 7 access networking technologies, 6 regions and 72 leading countries.
The report will be of value to current and future potential investors into the M2M and IoT ecosystem, as well as enabling technology providers, mobile operators, MVNOs, aggregators, IoT platform providers, system integrators and vertical market specialists who wish to broaden their knowledge of the ecosystem.
For further information concerning the SNS Research report "The M2M & IoT Ecosystem: 2015 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts" please visit: http://www.snstelecom.com/m2m
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About SNS Research
SNS Research is one of the most foremost market intelligence and consulting firms for the worldwide telecommunications industry, with a particular focus on wireless infrastructure and mobile devices. Developed by leading industry analysts our market intelligence and consultancy services provide unique insights to the global telecommunications industry with information ranging from niche details of mobile handset models to tracking to large network infrastructure contracts and cellular network operator metrics. Whether your focus is strategic decision making, service development, investment or marketing, our services will allow you to make optimal decisions with self-assurance.