Wireless Machine to Machine (M2M) Sector Enters Rapid Growth Phase

According to industry watchers Juniper Research the market for Wireless-enabled Machine to Machine applications is now entering a new growth phase with revenues set to grow from US$20 billion in 2006 to over US$44 billion by 2009 and US$74 billion by 2011.

Dr Therese Cory, report author said, "Wireless M2M is poised to revolutionise the workings of large organisations across all industries, extending their IT assets in ways hitherto unimagined, provided that they have the vision to grasp the opportunity," She continued: "This is an unusual market, in that all the enabling technology exists and proof of concept is visible in the form of successful implementations in several industries."

What has hitherto prevented a rapid market adoption of M2M technology has been:

• The lengthy, complex and interdependent supply chain necessary for implementation.
• The business case to introduce radically new ways of working for staff, and back office systems.
• The bespoke nature of the solutions available.
• The large implementation costs in hardware, software and system integration.

These factors have contributed to limiting the scope of commercial implementation resulting in many small scale prototypes not been rolled out fully. Nonetheless, today

Posted to the site on 3rd November 2006