Wednesday, August 11, 2010

Cellular M2M Market Forecast

ABI Research reports the Cellular Machine-to-Machine (M2M) communication market has been a challenging place for cellular embedded module vendors over the past 18 months. 2007 was this market’s last “good year”: 2008 saw both shipment volumes and revenue decrease. In 2009, the cellular M2M module market grew somewhat in terms of unit shipment volume, although rapidly declining module prices meant that 2009 revenue was still below that of 2007.

Despite its difficulties, however, this market is on an upward path. Unit shipment volume growth and the growing importance of 3G are already resulting in stronger performance and a new ABI Research study estimates that the market will be worth $3.8 billion in 2015.