Consumer Electronics and Wireless M2M - 3rd Edition: Shipments of Consumer M2M Devices to Reach 13.8 Million in 2017
(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/cb5pzq/consumer) has announced the addition of the "Consumer Electronics and Wireless M2M - 3rd Edition" report to their offering.
According to this new research report shipments of consumer M2M devices with cellular connectivity reached 5.3 million worldwide in 2012. In the next five years, shipments are forecasted to grow at a compound annual growth rate (CAGR) of 21.1 percent to reach 13.8 million devices in 2017.
This relatively new breed of connected devices - neither classified as handsets, PCs, tablets nor traditional M2M devices - have strong growth potential. Today, e-readers and PNDs are the most common consumer M2M devices already shipping in millions. The consumer device market is changing rapidly and dedicated devices are facing fierce competition from multipurpose devices such as smartphones and tablets. Introducing wireless connectivity is one strategy to meet this threat and new connected products such as the Galaxy camera range from Samsung as well as smaller scale success stories such as the PocketFinder from Location Based Technologies show the market potential for cellular connected consumer devices.
Emerging device categories such as personal tracking, wearable technology and digital cameras are well suited for embedded cellular connectivity and have high growth potential in the coming years. Berg Insight predicts that by 2017, smart watches will be the most sold consumer M2M device category before personal tracking devices, accounting for 23 percent and 17 percent respectively of total annual shipments.
An increasing share of all content and services are delivered through the cloud and cellular connectivity gives the freedom of being connected everywhere. There are already over 15 million consumer M2M devices in use worldwide. Business innovation from device vendors, content service providers and telecom operators is now necessary in order to turn M2M consumer devices into a mainstream success says Johan Svanberg, Senior Analyst at Berg Insight. The 3G connected Kindle e-reader from Amazon is the most sold consumer M2M device to date. A seamless integrated offering without any complicated subscription models has been key to the success, continues Mr Svanberg.
- Barnes & Noble
- China Mobile
- Coyote Systems
- Deutsche Telekom
- Hanvon Technology
- Imaging device vendors
- Jasper Wireless
- Location Based Technologies
- Pebble Technology
- Q Lifestyle
- Recon Instruments
- Road Angel
- Samsung Electronics
- Sierra Wireless
- Woodman Labs (GoPro)
For more information visit http://www.researchandmarkets.com/research/cb5pzq/consumer
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