Revenue from cellular machine-to-machine (M2M) wireless services will...
Revenue from cellular machine-to-machine (M2M) wireless services will reach $22.4 billion in 2016, up from $9.6 billion in 2012, IHS said Monday. The number of M2M wireless connections is also expected to rise to 375 million by 2017, up from…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
116 million in 2012, IHS said. That predicted growth is a major reason wireless carriers are restructuring their businesses to capitalize on the booming demand for M2M services, IHS said. But “to take full advantage of the M2M’s market’s potential, the wireless firms must deliver their customers much more than simple cellular connectivity,” said Sam Lucero, IHS senior principal analyst-M2M and the Internet of Things, in a news release. “Instead these companies must offer a full suite of [value-added service] and [M2M application platform] services, prompting them to establish their own M2M business units and develop or acquire M2M connection platforms” (http://bit.ly/17pylty).