Proof Point
Cisco expects machine-to-machine connections to increase 20% annually from 6 billion in 2017 to 15 billion by 2022
Global Machine-to-Machine Connections
2015 – 2022F (billions)
| Note: | Includes wearables with embedded cellular connectivity |
Proof Point Findings
- Machine-to-Machine Connections – Entities that track and measure real-time data which can be used for analytics and developing actionable insights to optimize quality of life (e.g. home and office security and automation, smart metering and utilities, maintenance, building automation, automotive, healthcare and consumer electronics, wearable devices, etc.)
- M2M Growth – Cisco forecasts M2M connections to increase from 6 billion in 2017 to 16 billion by 2022, at yearly rate of 20%
- Relative Size – Will constitute 51% of estimated 29 billion connected devices by 2022
- Key Growth Drivers – Include potential business upside, real-time acquisition and monitoring of data, proliferation of low-cost IoT devices, and network improvements
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Accelerator |
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Sector |
Healthcare/Health Sciences, Industrial Manufacturing, Information Technology
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Source |
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Date Last Updated |
January 16, 2019
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