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  Date: 07/11/2013

Global mobile M2M module market grew 10% in 1st half of 2013

Infonetics Research has reported in the first half of 2013 (1H13), the global mobile M2M module market totaled $849 million, a 10% increase over the second half of 2012 (2H12).

m2m


“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,” notes Godfrey Chua, directing analyst for M2M and connected world at Infonetics Research.

Chua continues: “We expect the next 12 to 36 months to bring further industry consolidation and continued vetting of M2M business models. 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.”

The other key findings shared by Infonetics includes:
GSM/GPRS/EDGE made up 59% of units shipped 1H13; this share will decline as the transition to 3G proceeds and eventually 4G accelerates
LTE will account for as much as 12% of mobile M2M module revenue by 2017
On the vendor front, activities such as Sierra Wireless’s acquisition of AnyData and Telit’s purchase of ILS Technology signal continued vendor consolidation
Turning in an especially strong performance in 1H13, North America remains the leading region for mobile M2M modules, followed by EMEA, Asia Pacific, and Latin America
Infonetics projects mobile M2M module revenue to almost double to $3 billion by 2017, a 2012–2017 compound annual growth rate (CAGR) of 14%

 
          
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