Harbor Research Announces Release of New M2M/Pervasive Internet Market Forecast
Harbor Research Announces Release of New M2M/Pervasive Internet Market Forecast
Networked Device Revenues to exceed $10bn by 2011. For the first
time, these figures include all M2M networking devices, covering both
Fixed (Wireline) and Wireless technologies. Wireline includes
Industrial Ethernet, while Wireless includes Cellular (GSM/GPRS/EDGE,
CDMA/1xEV-DO, 3G), Satellite, Wireless LAN, Bluetooth, ZigBee (+ other
15.4) and other related technologies that are increasingly being used
in the rapidly growing M2M market.
San Francisco,
CA; London (PRWEB) May 25, 2006 -- M2M (machine to machine) device
shipment revenues are expected to grow at an annualized rate of 27%
over the next 5 years, reaching $10.6b worldwide by 2011, according to
figures just published by Harbor Research Inc., the world’s leading
provider of strategic consulting and research services for the
fast-developing M2M/Pervasive Internet sector.
For the first time, these figures include all M2M networking devices,
covering both Fixed (Wireline) and Wireless technologies. Wireline
includes Industrial Ethernet, while Wireless includes Cellular
(GSM/GPRS/EDGE, CDMA/1xEV-DO, 3G), Satellite, Wireless LAN, Bluetooth,
ZigBee (+ other 15.4) and other related technologies that are
increasingly being used in the rapidly growing M2M market.
According to Harbor Research, the device unit counts will grow
considerably faster than revenue – at an annualized rate of over 64%
including devices like ZigBee and other IEEE802.15.4, or closer to 32%
without these. “We see device unit shipment growth remaining stable at
more than 30% per annum for all device categories over the next five
years,” said Robin Duke-Woolley, a Principal of Harbor Research Inc.
and Managing Director of Harbor Research Europe. “More significantly,
these devices will enable new service revenues of over $60bn in the
period.”
Harbor Research sees this growth occurring in 8 principal market Venues
– Buildings, Energy, Industrial, Medical, Retail, Transportation,
Security/Public Safety and Consumer/Professional.
The firm has recently redesigned its forecast methodology to more
accurately monitor both Wireline and Wireless networking device
technologies in all regions worldwide and by major application groups
within these key Venues. The report also covers the higher level
service revenues derived through intelligent device networking,
including both Network related – of particular interest to telecom
carriers, mobile operators (MNOs) and virtual network operators (VNOs,
MVNOs) – and Managed Service related – of particular interest to
adopters, service providers, solution providers, integrators and VARs.
This work has come together as a direct result of Harbor’s acquisition
last year of another leading US-based M2M research company Wireless
Data Research Group (WDRG) and a subsequent merger with the leading
Europe-based M2M research company e-principles.
“We are now beginning to see attention within the M2M market shift
dramatically towards higher level, remote smart services and away from
the technology underpinnings,” commented Glen Allmendinger, President
of Harbor Research Inc. “The technology is a vital enabler and now
stable. M2M market development is now increasingly about business
justification, addressing the implementation issues and service
innovation.”
The M2M/Pervasive Internet sector is a highly diverse component of the
global economy that covers the networking of potentially any
manufactured product that has some form of internal processing or
sensing. It is increasingly being regarded as a key growth sector over
the coming decade. Often described as the ‘next wave of the Internet’,
Harbor Research believes that the networking of such products will open
up vast new opportunities for growth in added-value “smart services”
for product manufacturers and will radically change the dynamics of
many industry sectors. Harbor is already engaged with many product
manufacturers to identify and help develop opportunities for such new
smart services arising from manufactured products across many diverse
sectors.
A top-level view of Harbor’s new worldwide forecast was featured at the
company’s Smart Services Forum that took place at this year’s Hannover
Fair in Germany April 24-28. The Hannover Fair is the world’s largest
show dedicated to industrial automation, process and control and last
year drew nearly 250,000 visitors from across the globe. Harbor’s Smart
Services Forum was the first gathering to focus exclusively on the
smart service opportunities arising out of the M2M/Pervasive Internet
market development.
Harbor Research, Inc. has been providing strategic consulting and
research services to clients for more than twenty years. With a
reputation as specialists in understanding emergent and disruptive
opportunities in high technology, Harbor Research works with clients
who seek to establish strategic advantage in changing markets. Harbor
Research’s ground-breaking Pervasive Internet research is widely
regarded as the definitive work on the business impact of integrating
networked devices into business processes.
Headquartered in San Francisco, the company also has offices in Boston and London, UK.
Contact Information:
Marc Kriessmann
Harbor Research, Inc.
415.615.9400 x23
415.615.0454 fax http://www.harborresearch.com
Energy Venue Report. The first in a series of our venue reports is now available. These reports cover the structure,
forces and scenarios of Pervasive Internet and Smart Services
activities within these venues (Energy, Buildings, Healthcare/Life Sciences,
Security/Public Safety, Transportation, Consumer, Industrial and
Retail).
Download a brochure of the Energy Venue Report for detailed information on this new publication.
For more information contact or call 800.595.9368 x23
Upon transaction approval a secure link to our download page will be sent to the email provided.
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