Tag: m2m

On the back of this development in connectivity for vehicles will come other business opportunities which will add to the demand for traffic on this network. The research agency Technavio prepared a report on the market for the machine to machine (M2M)-services, defining them as Value Added -services for operators. The scope of the research included all world markets except for those in European countries. “According to Technavio, in 2021 M2M-services will earn $38 billion(€32.37), and the average annual growth of the market will be 41% with the following growth”, says Suren Arustamyan, COO at JeraSoft for IoT Now Magazine.

Analytical agency Juniper Research studied the market for automotive telematics and found out that in 2017 more than 150,000 cars will be sold with V2V (vehicle-to-vehicle) communications systems built in. This technology is not just about traditional connected cars that only consume data from the network. Also, it is about those machines – M2M, that can communicate with each other.