Monday, 17 December 2018

1.5bn M2M utilities connections by 2020 but telcos could struggle to profit - analyst

By Mary Lennighan, Total Telecom
Monday 16 May 11

Mobile operators advised to focus on providing services to utility companies, not just carrying network traffic, to take a greater share of €24 billion annual revenues.

Machine-to-machine (M2M) connections in the utilities space will grow to 1.5 billion worldwide by 2020, generating revenues of €24 billion, according to a new report from M2M specialists Machina Research. There is an opportunity for mobile network operators to capture a share of that revenue, but with the traffic generated likely to be very low, they will have to be savvy if they are to make any serious money. Smart meters will account for 99% of M2M connections in the utilities market by 2020…

Machine-to-machine (M2M) connections in the utilities space will grow to 1.5 billion worldwide by 2020, generating revenues of €24 billion, according to a new report from M2M specialists Machina Research. There is an opportunity for mobile network operators to capture a share of that revenue, but with the traffic generated likely to be very low, they will have to be savvy if they are to make any serious money. Smart meters will account for 99% of M2M connections in the utilities market by 2020…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry