Going forward in 2013, passive assets, place, people and everything will have connectivity. Individual devices will start communicating with each other for resources just as humans do, which will surge the volume of data.
According to Gartner, “Machine-to-machine (M2M) technologies are being deployed at a growth rate of approximately 10% quarter over quarter, and in an increasingly wide set of applications”. Business and IT leaders can start taking advantage of the rapidly expanding information that flows from the multitude of devices in the Internet of Everything (IOE) to create new business opportunities and revenue streams.The combination of low-cost “smart” connected devices with the need for information will drive the M2M market.
WebNMS predictions for 2013 on M2M ecosystem will be:
Predict #1: Intensified M2M Awareness
Though M2M exists for more than 20 years, even global players have not thriven in terms of financial results. This is due to, the lack of significant market conditioning, market awareness and mass adoption.
The saturation in the telecom sector due to price competition and aggressive customer acquisitions has also compelled the operators to shift their focus into M2M space to take advantage of new revenue streams This will in-turn is expected to stir the M2M space.
Predict #2: M2M Standards to Evolve
In this year, we also expect co-ordination among standards development and industry bodies, such as the Open Mobile Alliance (OMA), the European Telecommunications Standards Institute (ETSI) and the Third Generation Partnership Project (3GPP) to harmonize machine-to-machine (M2M) standards, Standardization is the best way to realize the full potential.
Predict #3: Role of External Service Providers(ESPs)
One of the major challenge that clutches the M2M market is the post-deployment management issues.According to Gartner, “External service providers (ESP) includes system integrators, CSPs, connectivity device manufacturers, mobile virtual network operators, value-added resellers, application vendors, and operational technology manufacturers”. Since M2M deployments have become more complex partnership with ESPs will deliver greater value to companies by accelerating business processes.
Predict #4: Emergence of M2M Consumer Segment
M2M will gain momentum with rise in intelligent home devices and security management in consumer sector. As smartphone ownership is accelerating faster, Smart Homes and remote monitoring solutions are gaining prominence in consumer M2M space. Smartphone allows the consumers to control the intelligent devices, temperature and resources with ease from a remote location.