M2M market technology
The essence of a Machine-to-Machine (M2M) solution is the exchange of real time data between a remote intelligent device and a data centre or server that is designed to capture, process and distribute information derived from that data.
In some solutions, the data collected is also used to directly control remote devices and may be displayed on yet more remote devices. The term M2M covers all hardware, software, and processes that enable machine management related communication between different machines and between machines and people using wireline or wireless communication technologies.
Remote devices have been connected to dedicated data collection facilities for many years in what is often referred to as “Telemetry” applications. What distinguishes M2M from these is the use of the Internet.
Using either wireline or - increasingly - wireless communications as appropriate and as available, any device anywhere in the world can be directly connected to the global Internet.
Once so connected, data from that device can be processed, aggregated with similar data from other remote devices and the information created can then also be distributed anywhere in the world, again using either wireline or wireless communications as appropriate to deliver to an interested party. Such devices can be fixed, movable or fully mobile.
This connection to the global Internet ushers in an era in which all manufactured objects (buildings, vehicles, appliances, medical devices, etc.), and thus people themselves, will be connected and communicating constantly in an "Internet of Things".
This will radically transform customer service, resource allocation, and productivity in general.
We view this Internet of Things as a profound driving force on the path to a truly connected world. Due to this potential the M2M market is rapidly growing.
Independent analysts estimate double-digit market growth rate for the next years. According to Beecham Research, the number of cellular connections used for machine-to-machine communication is growing at a compound annual growth rate of between 21% and 64% per annum depending on the types of devices included in the forecast. At the higher level, this leads to a potential 750 million connected cellular (non voice) devices worldwide by 2015.
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