Monday, June 18, 2012

Berg launches insight into retail M2M market

Rating: Sector set to grow by 21.6 per cent

‘Retail Applications and Wireless M2M – 2nd Edition‘, has just been released by Berg Insight. The retail industry is a particularly important vertical for the mobile industry and the M2M (machine-to-machine) sector especially. This report aims to provide readers with all the business intelligence they will need including five-year industry forecasts; expert commentary and real-life case studies. One of the key questions that report hopes to answer is what is the potential market size for wireless M2M communication in the retail industry?

According to Berg, the retail sector currently has around 10.3 million M2M connections and a potential market size of nearly 80 million POS terminals, ATMs, vending machines, parking meters and fare collection devices worldwide.

Berg Insight forecasts that the number of M2M connections in the retail industry will grow at a compound annual growth rate (CAGR) of 21.6 per cent to reach 33.2 million connections
worldwide in 2017.

Shipments of cellular M2M devices will at the same time increase at a CAGR of 10.7 per cent from 5.2 million units in 2011 to 9.6 million units in 2017.

The report says M2M technology has a more transformational effect on markets such as vending and parking, where machine operators need to reorganise their operations in order to benefit from the availability of real-time information.

Additionally, this report will provide perspectives on the impact of emerging mobile payment services.

You can download thereport’s brochure from here

http://www.berginsight.com/ReportPDF/ProductSheet/bi-retail2-ps.pdf

and prices for the full report start from €1,000.

Hans Cett is an established freelance author and consultant specialising in the mobile communications industry. He also writes for Countdown2MWC - http://countdown2mwc.wordpress.com/

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