WebNMS Predictions on M2M Ecosystem

M2M | February 24, 2013 | 2 min read

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.

 prediction

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.