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M2M Connections Will Reach 360.9 Mn In 2018

Ovum finds that over the next five years, M2M revenues will grow to reach $44.8 Bn, with more than a third coming from APAC.
January 09, 2014 / 16:00 IST

Although machine-to-machine (M2M) technology is a bright spot in the rapidly maturing mobile industry, operators will not realize its full potential without strategic partnering, says Ovum. Forecasts from the global analyst firm show that over the next five years, M2M revenues will grow to reach US$44.8bn, with more than a third coming from Asia-Pacific.

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