Upside for Emerging Machine-to-Machine Applications

Mobile network service providers are upbeat about their new revenue sources in the future. The emerging Internet of Things (IoT) and Machine-to-Machine (M2M) technologies continue to gain momentum in the Global Networked Economy, as more organizations explore the application possibilities.

via Digital Lifescapes

Connected Car Commerce Revenue will Reach $100 Billion

Beyond the connected car ecosystem, there are opportunities for integration with other emerging technology ecosystems — such as the smart home and smart city technology. The ultimate commercial value of the ecosystem will be determined by others, such as government policymakers and Mobile Network Operators (MNOs).

Source: Digital Lifescapes

Autonomous Vehicle Ecosystem Gains Momentum

According to the latest worldwide market study by Juniper Research, 50 percent of new vehicles will be shipped with Vehicle-to-Vehicle (V2V) hardware by 2022 — it’s a wireless communication technology that enables real-time short-range communication between vehicles.

Source: Digital Lifescapes

More IoT and M2M Apps will Gain Momentum in 2017

There’s more growth for the Internet of Things (IoT) technologies sector during 2017. According to the latest market study by Berg Insight, global shipments of cellular IoT devices will grow at a compound annual growth rate (CAGR) of 22.7 percent from 155.6 million units in 2016, to reach 530.1 million units in 2022.

Source: Digital Lifescapes

Why Industrial IoT and New Public Services will Blossom

The number of connected Internet of Things (IoT) devices, sensors and actuators will reach over 46 billion in 2021, according to the latest worldwide market study by Juniper Research. This 200 percent increase in growth from 2016 will likely be driven by a reduction in the unit costs of hardware.

Source: Digital Lifescapes

The Internet of Things Market Development Trends for 2017

It will take until 2025 for IoT to exceed 5 percent of service provider total revenue, even starting from 1 percent and growing by 20 percent per year (assuming flat top-line revenues), which is roughly in line with current growth rates for their IoT businesses.

Source: Digital Lifescapes

Evolving Telecom Network Infrastructure for IoT Apps

Wireless communication technology is a key component of most Internet of Things (IoT) projects. Choosing the best-fit solution can be challenging, due to the use of competing technologies. Mobile network service providers prefer open standards-based technology. So, that’s a key market driver.

Source: Digital Lifescapes

Autonomous Car Installed Base will Reach 71 Million in 2030

The total number of new registrations of Autonomous Cars is forecast to grow at a compound annual growth rate (CAGR) of 62 percent from 0.2 million units in 2020 to reach 24 million units in 2030. The active installed base of autonomous cars is forecast to have reached about 71 million at the end of 2030.

Source: Berg Insight

How M2M and IoT Enable New Data Intensive Apps

According to the latest worldwide market study by Juniper Research, new in-vehicle infotainment services such as Apple CarPlay and Android Auto will generate large amounts of new cellular M2M data traffic. Over the next five years, these apps will account for up to 98 percent of all M2M data traffic.

Source: Digital Lifescapes

M2M Service Revenues will Reach $67 Billion by 2021

Cellular machine-to-machine (M2M) connections will reach 733 million globally by 2021, according to the latest worldwide study by Ovum. Moreover, they also have forecast that total cellular M2M service revenues will reach a global annual total of $67 billion in 2021.

Source: Digital Lifescapes