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IoT Connections: Manufacturing

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IoT Market Tracker: Manufacturing

Market Data | 4Q 2024 | MD-IOTMMAN-110

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ABI Research has been tracking the Machine-to-Machine (M2M) market since 2003, both in research services and through individual application report analysis. It is this basis, in addition to data generated from other M2M/Internet of things (IoT) consulting projects, that enabled generating the detailed segmentation analysis provided in the attached forecasts. Data were generated by tracking companies and trends in different vertical application segments, such as telematics (automotive, commercial, aftermarket, and User-Based Insurance (UBI)), m-health, and smart home.

Data were also generated by tracking companies and trends, in particular revenue categories, such as connection services, platform services, data and analytics, and security services. For application segments for which ABI Research had less data to leverage, new primary and secondary analysis was performed. Professional services revenue was generated from the analysis of suppliers in this category, as well as based on discussions across the supply chain on the relative share of M2M/IoT solution revenue generated by professional services. Detailed vertical and size-of-business forecasts were generated from primary and secondary research and market trends affecting the adoption of M2M/IoT services growth rates.

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