Internet of Things & M2M Communication Market Outlook through 2019

Dublin, Ireland,  December 11, 2014--The global Internet of Things (IoT) and Machine to Machine (M2M) communications market is estimated to grow from US$ 255.87 billion in 2014 to US$ 947.29 billion in 2019, at a Compound Annual Growth Rate (CAGR) of 29.9% during the forecast period of 2014-2019 according to a new reseach from Research and Markets.

The Internet of Things market and Machine-to-Machine (M2M) communications consists of things/objects that are connected to the Internet anytime, anywhere. It includes integrating sensors and devices into everyday objects that are connected to the Internet over fixed and wireless networks. The fact that the Internet is present at the same time everywhere makes mass adoption of this technology more feasible. Given their size and cost, the sensors can easily be integrated into homes, workplaces, and public places. In this process, any thing/object can be connected and can manifest itself over the Internet. In addition, in the IoT and M2M network, any object can be a data source. The IoT and M2M communication is not a revolutionary or innovatory concept. They should be understood with an evolutionary perception, equivalent to the evolution of the networking technologies of present (Internet, service platforms, wireless).

The Internet of Things market and Machine-to-Machine communications research report outlines the key trends and market sizing and forecasting for emerging technologies in the IoT and M2M industry. The report also emphasizes key global adoption trends, future growth potential submarkets, key drivers, competitive outlook, restraints, opportunities, and IoT and M2M communications' competitive landscape.

Some of the potential and emerging technologies and solutions for IoT and Machine-to-Machine communications include Radio Frequency Identification (RFID), Information and Discovery Service (IDS), cloud management, gateways, Near Field Communication (NFC), Supervisory Control and Data Acquisition (SCADA), and ZigBee. The adoption of advanced communication technologies in the entire value chain of IoT and M2M sector plays a great role in achieving the operational and efficiency targets set by IoT and M2M companies.