Saturday, January 21, 2012

How Big Will M2M Market Be, Near Term?

Verizon Wireless and Encore Networks today announced the availability of Machine-to-Machine (M2M) solutions, with particular emphasis on enabling wireless capabilities for utility apps that traditionally have run over voice lines.

To be sure, M2M revenues are in an earlier stage of development than mobile broadband, which will account for most mobile service provider revenue growth over the near term.

The two companies will offer Encore's entire “Bandit”  line of enterprise routers, including devices that enable data transmission using the Verizon Wireless mobile network.

Many legacy applications could benefit, including automated teller machines, point-of-sale terminals, elevators, vending machines, kiosks and healthcare devices.

Power distribution sub-stations, refineries and transportation fleets are other expected application scenarios.

M2M is among a handful of potentially-important new mobile applications believed to be big enough, in terms of revenue, to sustain mobile service provider growth as voice and messaging revenues decline, and after mobile broadband uptake has saturated. Global M2M market in Euros

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