M2M cellular services business to rise to $8 billion
Report from ABI research on the M2M Market Growth -
ABI Research forecasts that revenues for cellular M2M communication services will rise from approximately $2 billion in 2006 to more than $8 billion in 2012.
A new study by the firm describes a landscape of cellular M2M service providers that shows increasing variety in its business models. Senior analyst Sam Lucero says the research identifies three classes of providers, each offering a different mix of capabilities. “Traditional mobile network operators (MNOs), mobile virtual network operators (MVNOs), and a small number of specialized M2M mobile operators (MMOs) all face specific challenges and opportunities in delivering this emerging technology.”