Cellular M2M (machine-to-machine) connections continue to show steady growth, and are expected to exceed 297 million in 2015. In the latest update to ABI Research’s forecasts, the 2009 forecast of about 225 million connections by 2014 has also been raised to 232.5 million. Within this worldwide picture, however, are many regional differences. Europe continues to account for the largest regional share with 110 million connections in 2015; North America will rank second with 79 million and the Asia-Pacific region third with almost 66 million.
The European market is the most diversified and has the most mature deployments. The EU benefits from regulatory mandates surrounding eCall and smart energy. In North America, the focus has traditionally been more on telematics, although M2M is now growing strongly in other areas including smart energy. Both telematics and energy are providing impetus in Asia-Pac, but the markets are less mature, outside of key countries such as Japan.
To learn more about the cellular M2M connectivity services market and how it may affect business models now and in the future, ABI has developed “Cellular M2M Connectivity Services,” which discusses these market trends, analyzes cellular M2M connectivity service provider strategic responses, and forecasts cellular M2M connections and revenue growth for the period from 2007 through 2015.