Cellular M2M shipments to hit 5.7 million by 2020, argues Berg Insight


According to M2M and IoT analyst firm Berg Insight's new report, cellular M2M terminal shipments will grow at a CAGR of 16.1% to reach 5.7 million units in 2020.

The report defines cellular M2M terminals as standalone devices for connecting M2M devices to a cellular network. They include general-purpose cellular routers, modems and gateways enclosed in a chassis and with at least one input/output port. They, however, exclude telematics devices, trackers and other specialised devices.

Jonas Wennermark, an M2M/IoT analyst at Berg, noted that Asian and North American vendors continue their domination of the global market. In North America, Cradlepoint, Sierra Wireless and Digi International make up the largest vendors. In Asia, SIMCom is their counterpart. These four vendors generated nearly $290 million in combined M2M terminal sales revenue in 2015, more than 50% of the global market.

Other key vendors in the US market include CalAmp and MultiTech Systems, while Xiamen Four-Faith and InHand Networks are prominent in Asia. Europe has several key players: Option, Dr. Neuhaus, Gemalto, Eurotech, Matrix Electrónica, NetModule, Advantech B+B SmartWorx and HMS Networks. Australia, meanwhile, has NetComm Wireless.

Wennermark added: "A large number of small and medium sized vendors are active on the European market, whilst the North American market is dominated by a handful of major vendors, largely due to barriers in the form of carrier certifications required for cellular devices in the region."

The latest research follows a Berg Insight report from August 2016 that argues that the global third party IoT platform market grew 36% to €610 million (£520.4m) in 2015, and revenues will rise at a 30.8% CAGR to €3.05 billion (£2.60bn) by 2021.

The newest report is available here.

https://www.iottechexpo.com/wp-content/uploads/2018/09/iot-tech-expo-world-series.pngInterested in hearing industry leaders discuss subjects like this and sharing their IoT use-cases? Attend the IoT Tech Expo World Series events with upcoming shows in Silicon Valley, London and Amsterdam to learn more.

The show is co-located with the AI & Big Data Expo, Cyber Security & Cloud Expo and Blockchain Expo so you can explore the entire ecosystem in one place.

Related Stories

Leave a comment


This will only be used to quickly provide signup information and will not allow us to post to your account or appear on your timeline.