By 2007, there will be between 100-160 million machine-to-machine connections worldwide that use wireless mobile phone networks.
- Gartner Group
Between 2004 and 2008, the market for hardware, software, professional and wireless network services for machine-to-machine communications will grow at a 27% compound annual growth rate, from $9.3 billion to $31 billion.
- Wireless Data Research Group
880 million new M2M-enabled devices will be produced annually by 2010.
- Focal Point Group
The worldwide market for wireless machine-to-machine (M2M) communications, including cellular and RFID technologies, will grow from $24 billion in 2004 to an estimated $270 billion by 2010. Supply chain, retail, utilities, security and health sectors will be the primary contributors to a forecasted 49% annual growth rate.
- Alexander Resources
At least five million electricity meters will be connected to GPRS networks in the Nordic region by 2010.
- Berg Insight
More than $7 billion will be spent on wireless data applications in the United States by 2010. Technologies such as WiFi, RFID, and ZigBee will be used to improve asset tracking, patient monitoring, and emergency response applications.
- The FocalPoint Group
The market for RFID hardware, software and services will increase at a 23 percent CAGR from more than $1 billion in 2003 to $3 billion in 2007.
- The Wireless Data Research Group
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