The fragmentation of the M2M-market is a stumbling block for expansion. In a time where everybody is looking everywhere for growth, the M2M market players need to be open for cross business collaboration.
By Mads Winblad, Chairman of the Board, NextM2M A/S.
After ten years of development, the machine-to-machine (M2M) market is ripe for an unprecedented growth. The “internet of things” is on our doorstep. A Yankee Group forecast predicts that enterprise cellular M2M connections worldwide will grow from 81.8 million in 2011 to nearly 217.5 million in 2015, and connectivity revenue will double to US$ 6.7 billion.
According to a Frost & Sullivan analysis growth over the next fire years in most sectors of M2M will be between 30 and 35%.
No doubt, the M2M market will be among the highest growth areas in the wireless industry during the next decade.