Number of M2M Devices Shipped Per Year to Reach 430 Million Units by 2013
Strong Growth Seen for M2M Technology Despite Global Economic Slowdown.
Networked Device Revenues Expected To Exceed $12 bn by 2013. Revenue opportunity is expected to shift away from enablement opportunity & device manufacturing, and towards Smart Services.
San Francisco USA and Zurich Switzerland (PRWEB) February 24, 2009 -- Harbor Research, the world's leading market research and consulting experts for Machine-to-Machine (M2M) communication and Smart Services, announces the publication of their 2009-2013 M2M / Pervasive Internet Market Forecast Report. The current report represents the most comprehensive analysis of intelligent device networking in the marketplace.
According to the report, Harbor Research forecasts that the number of intelligent device shipments will grow from 73 million units in 2008 and to 430 million units in 2013. Total device revenue is expected to exceed $12 billion by 2013. Much of the growth will be due to the increasing presence of Wireless PAN technology, including ZigBee and other 15.4 related technology, particularly those used in Wireless Sensor Networks (WSNs).
Harbor has assessed the impact of the current global economic slowdown, and sees that while growth has slowed below 20% in the short term, there remains strong demand for M2M communication and associated Smart Services. Smart Services are the post-sales solutions that take advantage of the real-time data being communicated by M2M devices.
The report notes that during this time adoption will be driven primarily by technological improvements, cross network integration, and advances in product innovation. Revenue opportunities are expected to shift away from basic enablement of devices and towards Smart Services. In particular, Harbor sees strongest demand for Asset Management and Energy Management in the coming years.
Glen Allmendinger, President of Harbor Research notes, "We're currently on the cusp of a transformation in the marketplace… The market for connected products and managed services will increasingly be driven by customer interaction to foster innovation. Over the next five years, we're going to see that the true value held in connected devices will shift towards value-added services where there's unheralded potential for revenue generation."
About the Report:
Harbor Research's 2009-2013 M2M / Pervasive Internet Market Forecast Report is the most comprehensive analysis of the intelligent device communications and connected services in the marketplace. The report includes all intelligent networked devices, covering both Fixed (Wireline) and Wireless technologies. Wireline includes Industrial Ethernet, while Wireless includes Cellular (GSM/GPRS/EDGE, CDMA/1xEV-DO, 3G/4G), Satellite, Wireless LAN, Bluetooth, ZigBee (+ other 15.4) and other related technologies that are increasingly being used in the rapidly growing intelligent device networking market. The report also covers the higher-level service revenues derived through intelligent device networking, including both Network Carrier Services and Managed Services.
To purchase this report, please contact Jonathan Berman at jberman (at) harborresearch (dot) com or Mark Ritorto at mritorto (at) harborresearch (dot) com
About Harbor Research:
For over 20 years, Harbor Research Inc. has been providing consulting and research services to leading product manufacturers, services organizations and core technology clients. Harbor's market research and consulting services are organized around emergent and disruptive opportunities, with a unique focus on the impact of the Pervasive Internet--the use of the Internet to accomplish global device networking that will revolutionize business by unleashing entirely new modes of system optimization, customer relationships, and service delivery - what we call "Smart Services."
For more information about Harbor Research, please visit www.harborresearch.com
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