NEW YORK, Jan. 11, 2016 /PRNewswire/ -- This Frost & Sullivan research service on the cellular machine-to-machine (M2M) communications market presents an analysis of the key trends and opportunities in the field of connected machines in the United States. The term M2M is quite broad—M2M connections can be used across wireless as well as wireline domains, and connectivity for deployed endpoints can be provided through cellular or mobile, satellite, wireline, Internet, and other private and public telecommunication networks. This study focusses on the cellular M2M connectivity space in the United States and identifies market opportunity from a cellular-enabled connected devices perspective alone.
Key Market Definitions
M2M communication refers to the digital communication between an endpoint and an enterprise's back-end system over cellular networks. A sensor-based tank monitoring system that monitors liquid in a storage tank and sends an automated message to a central monitoring station when the level of the liquid in the tank goes below a certain level is an example of automated M2M communication. An in-vehicle navigation system that communicates with the service provider's back end—in response to the specific commands of a human operator— to present relevant information to the vehicle's driver or passengers, is another example of M2M communication.
The term Internet of Things (IoT) is used to describe M2M applications that merge the machine world, or the digital world, with the physical world. According to Frost & Sullivan, IoT refers to an open connectivity framework that connects machines with other machines, and with various application systems, such as business applications, ERP and CRM systems, and data warehousing platforms, as well as with people. Many different types of business and consumer solutions and services are likely to make up the IoT ecosystem. Advanced IoT cloud platforms, pre-packaged template-based IoT solutions, and advanced business management tools are expected to usher in the era of IoT in the United States.
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