comment on this article

Exciting times for M2M?

Half of the companies surveyed to produce the first M2M Adoption Barometer report will have adopted the technology by 2015. The report, commissioned by Vodafone, finds three critical trends and a 'dramatic change' in geographic uptake.

The three trends driving near term M2M adoption are: the falling costs of M2M hardware; take up amongst smaller organisations; and growth in demand from the manufacturing and consumer electronics markets. While the Americas are currently leaders when it comes to M2M application, Asia Pacific will take the lead within the next two years, with Europe showing accelerated uptake.

Erik Brenneis, Vodafone's director of M2M, said: "This report highlights that the next two years are going to be the real game changer for the industry. Smaller companies will, for the first time, be able to reap the benefits of M2M. I think that we are clearly at a tipping point for many industry sectors. Wherever you are in the M2M world, this is an exciting time."

The automotive sector is seen as the leading adopter of M2M at 19%, due to the growth in connected cars. It is followed by energy and utilities (13%), transport and logistics (12%), manufacturing and consumer electronics (11%) and consumer goods and retail (10%).

The importance of M2M was highlighted by 78% of respondents, who said that M2M will be at the core of successful businesses in the future. While 55% of respondents ranked M2M as a key priority, 9% said it is their company's number one priority.

In terms of implementation, 12% of those surveyed have M2M systems in place, with 39% categorised as 'fast followers'. While 17% of the survey's respondents are seen as 'laggards', only 2% have rejected M2M

The report concludes 'It's clear that M2M is here to stay. Even those companies that have rejected M2M for now — due to cost, complexity and supplier immaturity — have stated that they would be open to reconsider their decision at a later date as the technology evolves.'

Graham Pitcher

Comment on this article

This material is protected by Findlay Media copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team.

Enjoy this story? People who read this article also read...

What you think about this article:

Add your comments


Your comments/feedback may be edited prior to publishing. Not all entries will be published.
Please view our Terms and Conditions before leaving a comment.

Related Articles

Smart and safe

The IoT Security Foundation (IoTSF) has been set up to ensure that smart ...

Honest energy

Dubbed the ‘diesel dupe’, news that Volkswagen had been found cheating on ...

Future memories

Developers of memory devices of all types have generally been the first ...

Power System Earthing

The design and performance of an earthing solution can have a major impact on ...

Circuit protection

Circuit protection is designed as an intentional weak link which can combat ...

It’s showtime!

It wasn’t too long ago that attending exhibitions had fallen out of favour with ...

Designers need more

Today’s design landscape is crowded and competitive. The pressures heaped on ...

Who can we trust?

It would seem that in the aftermath of the VW emissions scandal, a Pandora’s ...

A third way

Set up in 1989, America II has established itself as an increasingly important ...

Peak or bleak?

Ten years ago, the EIGT Report presented the electronics industry with some ...