Telecom Lead America: The price of M2M modules will continue to reduce, particularly for 3G modules, as automotive and consumer electronics use-cases require improved bandwidth and latency, and as 2G infrastructure is retired in some markets.
Telematics and Consumer Electronics sectors are becoming the two anchor industries for the M2M (Machine to Machine) market.
The market for M2M and embedded devices will reach 400 million by the end of 2017, up from a little over 110 million at present.
While the eReader has single-handedly enhanced the prospects of embedded devices in consumer electronics industry, the promise of increased driver efficiency and cost management will drive the success in telematics:
“The automotive market is potentially easier to address than other sectors as it contains fewer players,” said Anthony Cox, associate analyst at Juniper Research.
Recently, Sprint said it is adding greater impetus to its M2M leadership in 2012.
“For more than a dozen years, Sprint has been at the forefront of M2M breakthroughs and has helped coordinate opportunities for developers and business partners to power their innovative M2M products on its network,” said Matt Carter, president of Global Wholesale and Emerging Solutions — Sprint.
For many developers and innovators, the end-to-end process of bringing an embedded device or application to market can be daunting. There are a number of companies that offer a wide variety of managed services and can support them through the entire process — from deployment to lifecycle management to customer experience.
Unlike competitors, Sprint works with several platform providers in order to be certain it can meet the varied needs of its customers and help them quickly and cost-effectively bring their ideas from concept to market.
Recently, Analysys Mason predicted that the global market for M2M connections will grow to 2.1 billion devices in 2021, from 100.4 million devices in 2011.