Another day, another bold projection from Juniper.
The latest report shows that the installed base of cellular M2M devices will approach 500 million modules by 2018.
Driving this growth, Juniper says, are more open M2M ecosystems and improved cloud-based APIs.
According to the report, – M2M & Embedded Strategies: Telematics, POS, mHealth, Metering & Buildings 2013-2018 – the M2M space is seeing an increasing focus on the development of open platforms that simplify connectivity to a wide range of isolated devices through the cloud.
It found that “Big Data” emerging from M2M service provision will, in time, allow for improved interrogation of M2M data, opening the door to new revenue streams for companies and M2M operators.
A new Juniper whitepaper serves up a host of other details from the full study and can be downloaded here.