Global mobile M2M module market grew 10% in 1st half of 2013
Infonetics Research has reported in the first half of 2013 (1H13), the global mobile M2M module market totaled $849 million, a 10% increase over the second half of 2012 (2H12).
“The mobile M2M module segment of the M2M market scaled to new heights in 2012 and then again in the first half of 2013, but as with any evolving industry, this is happening amidst a dynamic, and at times challenging, environment,” notes Godfrey Chua, directing analyst for M2M and connected world at Infonetics Research. Chua continues: “We expect the next 12 to 36 months to bring further industry consolidation and continued vetting of M2M business models. These factors, when coupled with macroeconomic issues including a tepid U.S. recovery and uncertainty in Europe and the ongoing transitions between technology platforms (2G to 3G to 4G), temper the near-term growth prospects of mobile M2M modules. Overcoming these challenges will be key to laying the foundation for the accelerated growth we anticipate in a few years.” The other key findings shared by Infonetics includes: GSM/GPRS/EDGE made up 59% of units shipped 1H13; this share will decline as the transition to 3G proceeds and eventually 4G accelerates LTE will account for as much as 12% of mobile M2M module revenue by 2017 On the vendor fron...
“The mobile M2M module segment of the M2M market scaled to new heights in 2012 and then again in the first half of 2013, but as with any evolving industry, this is happening amidst a dynamic, and at times challenging, environment,” notes Godfrey Chua, directing analyst for M2M and connected world at Infonetics Research. Chua continues: “We expect the next 12 to 36 months to bring further industry consolidation and continued vetting of M2M business models. These factors, when coupled with macroeconomic issues including a tepid U.S. recovery and uncertainty in Europe and the ongoing transitions between technology platforms (2G to 3G to 4G), temper the near-term growth prospects of mobile M2M modules. Overcoming these challenges will be key to laying the foundation for the accelerated growth we anticipate in a few years.” The other key findings shared by Infonetics includes: GSM/GPRS/EDGE made up 59% of units shipped 1H13; this share will decline as the transition to 3G proceeds and eventually 4G accelerates LTE will account for as much as 12% of mobile M2M module revenue by 2017 On the vendor fron...
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