Pyramid: M2M users to quadruple between 2010 and 2016

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The number of machine-to-machine users around the world increase fourfold  from 72 million to 282 million during the period from 2010 to 2016, according to a new study from Pyramid Research. While providing mobile operators with long-term growth potential, Pyramid warns that the diversity of the M2M market makes it a challenging one that requires operators to tackle many factors to take advantage of this sizeable opportunity. Commenting on the sector, Pyramid Research analyst Jan ten Sythoff, said: "Growth is driven by a number of different factors including new regulations, a variety of business models, innovations, falling hardware costs and technological developments." Release