Cellular connected IoT/M2M devices will increase nearly fourfold from 2014 to 2019

451 Research has determined that cellular/mobile Internet of Things (IoT) and machine-to-machine (M2M) connections will increase nearly fourfold globally from 252 million in 2014 to 908 million in 2019.

This monumental increase will be driven by a number of factors. First, falling hardware and bandwidth costs enable enterprises to reap the benefits of virtualising the physical world. Second, cloud-based middleware and data platforms are making it easier to securely generate insights from machine data at a greater scale than ever before possible. Third is the awareness of the transformational potential of IoT/M2M for ROI, competitiveness and new business models. This buzz has generated a massive amount of M&A activity.

The latest 451 Research data report shows that connected passenger vehicles and connected energy/smart home will lead the market in terms of connection volume while emerging solutions such as 'pay as you drive' insurance will grow the fastest.

“We continue to be bullish that ultimately the hype of IoT will be proven to be warranted back on business impact,” said Brian Partridge, Research Vice President. “Over the forecast period we expect that M2M/IoT solution suppliers will find fertile ground in vertical markets such as retail and government that will adopt IoT/M2M to enable strategic digitisation strategies such as smart cities and the use of digital signage, mobile point of sale, and connected kiosks to drive the transformation from brick and mortar to click and mortar.” 

Rapidly growing company, led by serial entrepreneur, David Gurlé, completes seed round - led by...
Whitelane Research, an independent organisation specialising in IT sourcing research across Europe,...
Insecure cloud configurations create widespread risk, highlighting the urgent need for unified...
Experian, a global data and technology company, is embarking on the next phase of its cloud...
Private cloud now rated as a strategic equal to public cloud, driven by cost predictability, GenAI...
NVIDIA is building what it says is the world’s first industrial AI cloud for European...
The pilot program allows faster, more transparent procurement for cloud software buyers.
M247 Group, a leading international provider of hosting, data transport, and cloud solutions, has...