Wireless machine-to-machine connections increased by 37 per cent in 2011 to reach 108 million, according to new research report from market analyst firm Berg Insight.
The company says that the Asia Pacific region was the strongest market, recording year-on-year growth of 64 per cent reaching more than 34.5 million M2M connections by the end of last year. Berg reported that Europe and North America were second, and each grew 27 per cent each to 32.3 million and 29.3 million connections, respectively.
"2011 was the year when M2M communication really took off in China. The number of wireless M2M subscribers in the country nearly doubled and is now estimated to exceed 20 million," Berg Insight analyst Tobias Ryberg said in a statement. "We believe that China Mobile became the world's largest M2M connectivity provider at the end of 2011 with around 14 million subscribers. If the trend continues, the Chinese market will surpass the United States in absolute terms within two to three years."
Berg maintains that 2012 will be another strong year for the M2M sector, helped by renewed interest in telematics from automotive manufacturers around the world. Telematics already having a notable effect on demand and is set, according to the report, to generate significant additional volumes over the coming years, according to Berg.
Additionally, Berg reported that the enterprise M2M market will profit from a shift towards advanced service enablement platforms that smooth the integration of enterprise apps with networked remote devices.
For more:
- see this Berg Insight release
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