Worldwide M2M Device Connections Industry and Revenue Forecast to 2024 adds report “M2M Device Connections and Revenue: Worldwide Forecast 2014-2024”to its store.

The automotive and transport sector represents the biggest opportunity for cellular connectivity, but operators should also focus on alternative technologies to provide comprehensive services across many verticals.

Machine-to-machine (M2M) represents a strong growth market across various industry segments. The market will grow to 3.2 billion connections worldwide by 2024, at a CAGR of 28%. Smart meters and connected vehicles are two key growth areas, representing more than 80% of total connections in 2024. This report presents the update to our forecast for M2M connections.

The report provides:

a detailed 10-year forecast, worldwide and for eight regions, of:

  • M2M device connections in eight industry sectors
  • M2M connectivity-related average revenue per connection (ARPC)
  • M2M connectivity-related revenue
  • analysis of key forecast data for connections, revenue and ARPC
  • a comprehensive view of the opportunities in the M2M market for eight key verticals including automotive and transport, security and utilities
  • assumptions underpinning the growth trajectory for each region
  • our latest research and assumptions on the automotive and transport and utilities sectors, which accounted for 73% of total M2M connections in 2013
  • market definitions and comparisons with our previous forecast.

Data coverage

Forecast data is split by:

  • market type (developed and emerging)
  • network type (cellular and non-cellular).

Forecast data covers the following eight industry sectors and 28 M2M solutions within those sectors.

  • Automotive and transport
  • Financial services
  • Healthcare
  • Industrial
  • Public sector
  • Retail
  • Security
  • Utilities

Geographical coverage

Data is provided for the following regions.

  • Western Europe
  • Central and Eastern Europe
  • North America
  • Latin America
  • Developed Asia-Pacific
  • Emerging Asia-Pacific
  • Middle East and North Africa
  • Sub-Saharan Africa

Table of Contents
7.Executive summary
8.Executive summary: The number of M2M device connections worldwide will grow to 3.2 billion in 2024
9.Executive summary: Device connection growth is higher in emerging markets; the automotive and transport sector dominates cellular M2M
10.Executive summary: Worldwide M2M connectivity will generate USD69 billion in revenue by 2023
11.Key findings and implications
12.Key findings and implications
13.M2M device connections
14.M2M device connections: Worldwide [1]
15.M2M device connections: Worldwide [2]
16.M2M device connections: Cellular versus non-cellular
17.M2M device connections: Developed versus emerging markets
18.Western Europe: Total and cellular M2M device connections
19.Central and Eastern Europe: total and cellular M2M device connections
20.North America: Total and cellular M2M device connections
21.Latin America: Total and cellular M2M device connections
22.Developed Asia-Pacific: Total and cellular M2M device connections
23.Emerging Asia-Pacific: Total and cellular M2M device connections
24.Middle East and North Africa: Total and cellular M2M device connections
25.Sub-Saharan Africa: Total and cellular M2M device connections
26.Vertical focus: Utilities, and automotive and transport
27.Vertical focus: Utilities, and automotive and transport
28.Utilities: Smart meter penetration will increase sharply in major markets
29.Utilities: Smart electric meters constitute the largest share of the smart metering market
30.Utilities: Cellular connectivity accounts for a small but growing share of the smart meter market
31.Utilities: Key forecast trends, drivers and assumptions
32.Utilities: Smart meters by region