M2M market to top $530m
The Australian market for machine-to-machine (M2M) technologies is expected to be worth more than $530 million by 2019, with a compound annual growth rate of 20 per cent, said researcher Ovum.
The Australian market for machine-to-machine (M2M) technologies is expected to be worth more than $530 million by 2019, with a compound annual growth rate of 20 per cent, said researcher Ovum.
Around 27 million machine-to-machine (M2M) devices will be connected to mobile networks across Australia by 2018, driven largely by wearable computers, intelligent transportation systems, and smart city applications.
A saturated mobile market and continued downward pricing pressure on devices and plans mean Australia’s mobile network operators must turn to machine to machine (M2M) communications to ensure their future profitability, Ericcson Australia has warned.