Despite the persistence of a challenging environment, market research firm Infonetics Research expects ongoing vendor consolidation in the mobile M2M module market.
Details were published in Infonetics’ latest Mobile M2M Modules report, which provides market size, analysis, forecasts, and trends for mobile machine-to-machine (M2M) modules by technology, vertical, and region.
“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,” explains Godfrey Chua, directing analyst for M2M and connected world at Infonetics Research.
“We expect the next 12 to 36 months to bring further industry consolidation and continued vetting of M2M business models,” Chua continues. “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.”
To review these and other findings from the new Infonetics report, click here.
