Juniper Research: M2M service revenue to reach $20B by 2015

Machine to Machine (M2M) service revenues will reach $20 billion (€14.6 billion) globally in 2015, as players across the M2M industry focus on simplifying the process of rolling out M2M for the end-user, according to a new report from Juniper Research. However, the report noted that monetisation opportunities offered by M2M services differ significantly according to the industry to which it is being applied. Thus, while telematics is particularly positive, smart metering, despite high forecast numbers and regulatory drivers, is still struggling to find an avenue for revenue generation. However, in all sectors, service revenues will substantially exceed revenues from managing connectivity throughout the forecast period. The installed base of cellular M2M devices will approach 500 million modules by 2018, driven primarily by telematics and in-vehicle applications, Juniper Research added. Release

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