The global mobile M2M module market rose 10 percent to $849 million in the first half of 2013 over the second half of 2012, said Infonetics.
GSM/GPRS/EDGE made up 59 percent of units shipped H1. This share will decline as the transition to 3G proceeds and eventually 4G accelerates.
LTE will account for 12 percent of mobile M2M module revenue by 2017.
Activities such as Sierra Wireless’s acquisition of AnyData and Telit’s
Turning in an especially strong performance in H1, North America remains the leading region for mobile M2M modules, followed byEMEA, Asia Pacific, and Latin America.
Infonetics projects mobile M2M module revenue to almost double to $3 billion by 2017, a 2012–2017 CAGR of 14 percent.
Godfrey Chua, directing analyst for M2M and connected world at Infonetics Research, said there will be further industry consolidation and continued vetting of M2M business models in the next 12 to 36 months.