Global M2M Connections Reached 195 Million in 2013, Expected to Reach 250 Million In 2014

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Global M2M Connections Reached 195 Million in 2013, Expected to Reach 250 Million In 2014

By CircleID Reporter
February 17, 2014, 6:48 pm PST Views: 8,181 Add Comment

Global M2M connections (million) – 38% Compound Annual Growth Rate
Source: GSMA IntelligenceBetween 2010 and 2013, 120 million Machine to Machine (M2M) connections have been added globally reaching a total of 195 million in Q4 2013, according to a recent study by the GSMA. Globally, M2M connections account for 2.8% of total mobile connections in 2013, up from 1.4% in 2010. Global M2M connections will reach a quarter of a billion (250 million) in 2014, said the GSMA.

“The M2M sector is an increasingly important source of connections growth for mobile operators worldwide. In many markets, operators are looking at M2M as a means to offset slowing growth (or declines) in traditional consumer mobile services. As a result, many operators are adapting their organizational structures and business models in order to serve a range of vertical industries with M2M solutions.”

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