December 2015 IoT device forecast revisions summary
In December 2015, Machina Research revised some of the growth trajectories and technology splits in its forecast for IoT devices. One focus of the revision is on the anticipated growth in Low Power Wide Area (LPWA) connections. We anticipate a slower roll out of LPWA networks and, in particular, delays in 3GPP standardisation for LPWA implementation in mobile network operator (MNO) networks. These changes have resulted in corresponding delays in the availability of devices that will use these networks. Furthermore we have recently gained greater clarity on the likely timetables for 2G and 3G network switch-off , which have therefore been integrated into our expected 2G/3G/4G breakdown in our forecasts.
This Research Note explains the recent changes to the Machina Research forecasts for different M2M technologies, particularly LPWA devices, in the forecasts published in December 2015 which cover approximately 85% of the forecast number of LPWA devices in 2024.
Keywords: M2M, machine-to-machine, IoT, Internet of Things, Smart Meters, wearables, standards, LPWA, narrowband IoT, NB-IoT, CIoT, LTE-M, pet trackers, people trackers, emergency watches, street lights, smart parking, white goods, remote clinical monitoring, connected medical environments, clinical trials, fitness trackers, smart farming, agriculture, environment, industry, telemedicine, first responders, road traffic management, environment and public safety, boundary control
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