According to new a research report from the analyst firm Berg Insight, the global number of mobile network connections used for wireless machine-to-machine (M2M) communication increased by 37 percent in 2011 to reach 108.0 million. Asia-Pacific was the strongest regional market, recording a year-on-year growth rate of 64% and reached 34.5 million connections at the year-end. Europe and North America grew by around 27% each to 32.3 million and 29.3 million connections respectively. In the next five years, the global number of wireless M2M connections is expected to grow at a compound annual growth rate (CAGR) of 27.2% to reach 359.3 million in 2016.
Berg Insight expects that 2012 will be another positive year for the wireless M2M industry. A renewed interest in telematics technology from the global automotive industry has already had a positive effect on demand and promises to generate very significant additional volumes over the next years. Overall, the enterprise M2M market will benefit from increasingly advanced service enablement platforms that facilitate the integration of enterprise applications and networked remote devices.