A report from RnR Market Research expects M2M and wearable devices to aid IoT service providers in generating as much as $231 billion (£154bn) in service revenue by the end of 2020 at a CAGR of 40% between 2015 and 2020.
The researchers argue IoT service providers are looking to integrate wearable technology with their M2M offerings, targeting both consumer and vertical markets.
The report provides insight on the M2M, IoT and wearable technology ecosystem including enabling technologies, key trends, market drivers, challenges, vertical market applications, deployment case studies, collaborative initiatives, regulatory landscape, standardisation, opportunities, future roadmap, value chain, ecosystem player profiles and strategies.
The subjects covered include M2M, IoT and wearable technology ecosystem; market drivers and challenges; enabling technologies and key trends; applications, opportunities and deployment case studies for a range of vertical markets including automotive and transportation, asset management and logistics, consumer, energy and utilities, healthcare, home automation, intelligent buildings and infrastructure, military, professional sports, public safety and security, retail and hospitality.
You can find the full report here.
Interested in hearing industry leaders discuss subjects like this and sharing their IoT use-cases? Attend the IoT Tech Expo World Series events with upcoming shows in Silicon Valley, London and Amsterdam to learn more.