Telecom Lead Asia: Global number of mobile network
connections used for wireless machine-to-machine (M2M) communication increased
by 37 percent in 2011 to reach 108.0 million, according to a new research from
Berg Insight.
In the next five years, the global number of wireless M2M
connections is forecasted to grow at a compound annual growth rate (CAGR) of
27.2 percent to reach 359.3 million in 2016.
With over 64 percent growth rate, Asia-Pacific was the
strongest regional market. Asia Pacific recorded 34.5 million connections at
the year-end.
Europe and North America grew by around 27 percent each
to 32.3 million and 29.3 million connections respectively. 2011 was the
year when M2M communication really took off in China. The number of wireless M2M subscribers in the
country nearly doubled and is now estimated to exceed 20 million.
Berg Insight anticipates China Mobile become the world’s
largest M2M connectivity provider at the end of 2011 with around 14
million subscribers. If the trend continues, the Chinese market will surpass
the US in absolute terms within two to three years.
Another strong growth driver for the M2M industry is the
renewed interest in telematics technology from the global automotive industry,
which has already had a positive effect on demand and promises to generate very
significant additional volumes over the next years.
Overall, the enterprise M2M market will benefit from
increasingly advanced service enablement platforms that facilitate the
integration of enterprise applications and networked remote devices, the study
said.
Indian M2M modules market is likely to generate $98.38 million
revenue by 2016
Indian M2M modules market is likely to generate $98.38
million revenue by 2016, with a CAGR of 33.81 percent from 2011-2016, according
to 6Wresearch.
Short range M2M modules have accounted for 49.48 percent
of the market share in the overall M2M modules market in 2011.
Cellular M2M modules generated $9.15 million in 2011 and
are expected to reach $41.54 million by 2016. Satellite M2M modules generated
$2.43 million in 2011 and are likely to reach $10.67 million by 2016.
