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Machine to Machine (M2M) - Strong Growth of
Wireless M2M and Impact of RFID
Mobile Phone Carriers Slow
to Seize Opportunity
The worldwide market for wireless
machine-to-machine communications will grow from $24 billion in 2004 to an
estimated $270 billion by 2010. "Go-To-Market" solutions built around single
vendors, new players providing vertical packages, and the expanding and
innovative deployments in the supply chain, retail, utilities, security and
health customer sectors are the primary contributors to a forecasted 49% annual
growth rate. These are some of the key findings from a new research report:
"Machine to Machine (M2M) - Strong Growth of Wireless M2M and Impact of RFID,"
now available from Alexander Resources, a leading research, consulting and
education firm specializing in wireless communications.
This new market report provides an
in-depth analysis of the M2M market, focusing on cellular technologies and RFID
in Western Europe and the United States, along with analysis of the leading
players' strategies and developments taking place on the major vertical
markets.
Additional conclusions from this
report include:
- The eventual use of RFID tags
on a large number of business products, and even in retail (provided that
information privacy measures are well in place), opens the way to a multitude
of new M2M applications. Mobile phones, which can act in the future as RFID
readers, are the focus of a great deal of attention for the role they can play
in NFC solutions.
- For the most part mobile phone
carriers have only recently entered this market, and many different approaches
are being taken. The most highly involved carriers are offering technological
platforms (Orange) or vertical packages (BT, Vodafone
). Some, on the
other hand, especially in the US, have confined operations to selling bandwidth
either directly or via MVNOs.
- The cautious approach to this
market by mobile phone carriers has resulted in a lack of international
coverage and insufficient quality of service. As a result, businesses have
often turned to paging network operators (like Mobitex) or to MVNO/MVNE
(Wyless, Wireless Maingate
) specialised in M2M, of which there are a
growing number.
- Like with any IT project,
security issues are raising concerns, despite the number of technical solutions
available.
- The swift rate at which the
various wireless technologies become obsolete is fuelling reticence in some
industries that are ready to adopt M2M. The greatest difficulty lies in the
complexity of M2M solutions and ecosystems.
- Certain industries are
designing their own innovative services, like the automotive insurance
business's "pay as you drive" system, new vending machine systems and
preventive maintenance solutions for office equipment.
Questions? Need
more information? Call us at 972-818-8225 or e-mail:
Reports@AlexanderResources.com
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