Report: Internet of Things Communication Dominated by 2G

With machine-to-machine (M2M) services, aka the Internet of Things, “now scaling to be a significant business” for a growing number of telecom and Internet service providers, Infonetics on May 14 released the results of a global survey of M2M service providers’ market expectations and strategies.

With each providing at least 1 million M2M connections to customers, M2M is a “sizable” business for over half the 20 service providers Infonetics surveyed for its “M2M Strategies: Global Service Provider Survey.” Collectively, businesses in the automotive/transport/logistics and utility sectors account for nearly half, Infonetics states in a news release.

“Service provider focus and prioritization of the M2M segment has been a relatively recent phenomenon, but as our latest M2M service provider survey shows, M2M is now scaling to be a significant business for a good number of providers around the world,” Infonetics’ Godfrey Chua, directing analyst for M2M and The Internet of Things, was quoted as saying.