Welcome!

Mobile IoT Authors: Elizabeth White, Yeshim Deniz, Zakia Bouachraoui, Pat Romanski, Liz McMillan

News Feed Item

Why Most M2M Forecasts are Wrong. Compass Intelligence Explains and States the M2M Market will Reach 114.7 Million Connections by Year End 2016

SCOTTSDALE, Ariz., Nov. 7, 2012 /PRNewswire/ -- Compass Intelligence, a global consulting and market analytics firm, released its latest forecast of the M2M market today. The cellular M2M market will reach 33.3 million connections in the U.S. in 2012 and grow to 114.7 million connections by 2016 with a CAGR of over 36%. These findings, along with breakdowns by application and vertical market are part of Compass Intelligence's Connected Worlds subscription service.

(Photo: http://photos.prnewswire.com/prnh/20121107/DA07577-INFO)

"Compass Intelligence was excited to launch its M2M practice last year because of the hype surrounding M2M and conflicting numbers being floated in the industry," explains James Brehm, Senior Strategist at Compass Intelligence. "While there are many companies providing annual data on the M2M market, most analyst firms make assumptions that are not grounded in reality. The majority of firms do not take availability of components, migration paths from 2G to 3G to 4G LTE, end-user behavior, socio-economic factors, and so on into consideration when building forecasts."

Compass Intelligence's forecast leans heavily on external and internal factors and is an aggregation of demand and supply-side information collected through in-depth interviews with vendors, service providers, and end users. The forecast is validated with key vendors and service providers at all levels of the M2M ecosystem, lending credibility to its high-level of accuracy.

Key findings of our most recent M2M research include the following:

  • The largest B2B vertical market is the transportation vertical, with over 40% market share.
  • Growth will come from areas where there is a demonstrable ROI, cloud computing and cookie cutter hosted applications will drive M2M adoption.
  • Industry consolidation will occur rapidly over the next 2-3 years.
  • By 2015 more than 40 percent of M2M connections in the U.S. could be running on 3G/3.5G/4G networks.

Lending to Compass Intelligence's understanding of the M2M market place is Brehm's participation as co-chair of M2M Evolution, a leading industry trade show. "Our participation with TMC and Crossfire Media provides unique access to members of the M2M Ecosystem many other companies simply do not have. Leading up to the recent M2M Evolution conference in Austin, I was able to spend countless hours with nearly a hundred of the top participants in the marketplace," said Brehm.  

To get more information about this subscription: http://ow.ly/eFc8y.
To join or learn more about our Connected Executive Council: http://goo.gl/jhmJG.
To participate or nominate in the NE2NE.com A-List in M2M Awards: http://goo.gl/Bqpcj.
To get access to the complimentary Compass Intelligence/AT&T M2M whitepaper: http://goo.gl/M49LQ.

About Compass Intelligence
Compass Intelligence, a global consulting and strategy acceleration firm, specializes in segment and vertical market intelligence for the high-tech and telecom industries; and offers clients a tailored research experience through excellent customer support. Compass Intelligence provides subscriptions and research reports, insight videos, forecasts, competitive analysis, market data and expert recommendations on multiple markets. Visit us at http://www.compassintelligence.com and http://www.NE2NE.com.

For More Information

James Brehm
Senior Strategist & Consultant
[email protected]

Keith Robinson
[email protected]

SOURCE Compass Intelligence

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER gives detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPOalso offers sp...
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
SYS-CON Events announced today that IoT Global Network has been named “Media Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. The IoT Global Network is a platform where you can connect with industry experts and network across the IoT community to build the successful IoT business of the future.