Berg Insight report highlights the number of shipped cellular M2M terminals were 2.7 million globally during 2015. Increasing at a compound yearly growth rate (CAGR) of 16.1 percent, the number is expected to reach 5.7 million in 2020. Cellular terminals basically cover general-purpose cellular routers, gateways and modems that are enclosed in a chassis and have at least one input/output port. Trackers, telematics devices and other specialized devices are excluded from this report.
Jonas Wennermark, IoT/M2M Analyst at Berg Insight says, “North American and Asian vendors dominate the global cellular M2M terminal market”. Cradlepoint, Sierra Wireless and Digi International are the largest vendors in North America, while SIMCom is the main manufacturer on the Asian market. “Combined, these four vendors generated close to US$ 290 million in revenues from M2M terminal sales during 2015”, continued Mr. Wennermark.This is equivalent to more than 50 percent of the world market.
Other significant vendors comprise CalAmp and MultiTech Systems in the US; Xiamen Four-Faith and InHand Networks in Asia; HMS Networks, Advantech B+B SmartWorx, NetModule, Matrix Electrónica, Eurotech, Gemalto, Dr. Neuhaus and Option in Europe and NetComm Wireless in Australia.
Mr. Wennermark concluded, “A large number of small and medium sized vendors are active on the European market, whilst the North American market is dominated by a handful of major vendors, largely due to barriers in the form of carrier certifications required for cellular devices in the region”.