Proving the Business Case for the Internet of Things

LTE-powered M2M connections to exceed 200 million in 2020: SNS

Iain Morris
August 7, 2014
 
The number of M2M connections powered by 4G technology will exceed 200 million by the end of 2020, according to new data from SNS Research.

Although the vast array of connections will continue to run on 3G and 4G networks, the number of connections running on LTE systems will grow at the highest rate of 90% over the forecast period to reach 210 million by the end of 2020.

Take-up of LTE will be driven by a variety of factors, including the need to ensure network longevity and the ability to support bandwidth-intensive applications such as remote video surveillance, the tethering of multiple Wi-Fi connections and remote diagnostics.

SNS says that wireless M2M has become a focus area for many mobile network operators as their traditional voice and data markets become saturated.

The market is also being driven by various government and regulatory initiatives, such as the European Union (EU) goal of ensuring smart meters reach 80% of homes by 2020.

EU authorities have also mandated that automotive safety systems be included in new car models, driving the increase in M2M connections and revenues.

SNS expects M2M to give rise to a multitude of application possibilities in areas like location tracking, diagnostics, process automation, remote monitoring and control and even entertainment, and says the technology is now attracting attention from a significant number of vertical market segments.
 
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