A new research report from Berg Insight says 2% of all mobile network connections worldwide are being used for wireless machine-to-machine (M2M) communication.
It’s calculated that the number of M2M subscribers has increased by 46% year-on-year to an estimated 81.4 million – and forecasts a compound annual growth rate of 32% over the next five years, hitting 294.1 million M2M connections in 2015. That’ll give M2M connections a 4% share of the market.
Tobias Ryberg, Senior Analyst at Berg Insight, said “M2M and connected devices is now one of the main drivers behind the growth in mobile subscribers in Europe and North America. All of the world’s largest telecom operators now have several million M2M subscribers in their mobile networks. In Q1 2011, we expect that AT&T will become the first mobile operators to reach 10 million M2M subscribers after more than doubling the installed base in the past 12 months, largely thanks to a successful strategy for connected consumer electronics devices.”