Proving the Business Case for the Internet of Things

Wearable technology creates opportunities for wireless carriers

Steve Rogerson
December 1, 2014
 
M2M and wearable technology can help wireless carriers pocket as much as $116bn in network connectivity service revenue by the end of 2020, according to two reports from Signals & Systems (SNS) Telecom.

The combined report looks at M2M, IoT and the wearable technology ecosystem from 2015 to 2020, covering opportunities, challenges, strategies, industry verticals and forecasts. SNS analysts reveal that, because of the high volume of wearable devices, wireless carriers are seeing the opportunities in mixing wearable technology with their M2M offerings, which targets both consumer and vertical markets.

This publications has more than 800 pages, encompassing two reports that cover the M2M and wearable technology markets: The Wireless M2M and IoT Bible: 2014-2020; and The Wearable Technology Ecosystem: 2014-2020.

“Mobile device companies are continuously investing in wearable devices,” said report distributor MarketResearch.com. “As a result, the market is seeing more introductions of smart bands, smart watches and other wearable devices that collect, send and process data through mobile applications.”

Healthcare is one of the key vertical for this as well as utilities, automotive, transportation, logistics, public safety, retail and consumer electronics.