Rising Demands Will Lead the M2M, IoT & Wearable Technology Ecosystem to Grow at a CAGR of 40% over 2015-2020 and Will Create New Opportunities
As consumer voice and data service revenues reach their saturation point, mobile operators are keen to capitalize on other avenues to drive revenue growth. One such opportunity is providing network connectivity for M2M (Machine to Machine) devices like smart meters, connected cars and healthcare monitors. Despite its low ARPU, M2M connectivity has opened a multi-billion dollar revenue opportunity for mobile operators, MVNOs and service aggregators, addressing the application needs of several verticals markets. By enabling network connectivity among physical objects,...
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