Study: M2M European revenues to grow significantly as applications widen

Consumer M2M applications, centred on small and portable consumer electronics devices such as e-readers and digital connected photo-frames, will become a significant revenue source for operators, according to a new study from research firm Frost & Sullivan. "2012 is expected to be a year when telcos will begin developing consumer M2M opportunities in addition to their current enterprise focus," said F&S industry analyst Yiru Zhong. "Companies with a strong consumer brand and deep consumer digital offerings could most readily capture this approach." The research firm believes that while Europe operators are currently pursuing the immediate enterprise M2M opportunities in industries such as utilities, automotive, security/surveillance and healthcare, the operators do see market potential in consumer electronics due to wide adoption of smart connected devices. Release