50 Billion devices connected by 2020 4
By 2020 more than 50 billion devices will be connected using broadband connections and every one of us will be surrounded by an average of 10 devices.
M2M is an acronyms for machine-to-machine technology that supports wired or wireless communication between devices. Usually, M2M is more like a set of businesses specifically involved in automating an application between remote devices and an enablement platform. M2M services could be used for automatic pull/ push of data or automatic processing of data.
Wireless M2M encompass a wide range of wireless network technologies including cellular networks, satellite networks, RFID, Wi-FI and Wimax among others.
Currently most of the wireless M2M market is related to RFID applications where Access control, Animal ID, Automobile immobilization and Electronic toll collection encompass 56% of the market according to strategy analytics.
Nevertheless this technology is under a complete revamp mainly driven by the wide spread of mobile broadband. New opportunities will arise in industries like Automotive, Home appliances and utitlies, generating opportunities for ICT stakeholders.
