M2M Communications Special Report 2018


Research and Markets forecasts the global cellular M2M module market to grow at a CAGR of 23.28% during the period 2018–2022. Increases in the development of smart cities is expected to drive the market.

According to the report, governments continue to draft and implement regulation supporting the development of urban infrastructure and integration with advanced technologies. The aim is to improve the efficiency of services and improve the quality of life for residents.

Further, research suggests that mobile networks within the wireless technology segment are expected to grow at the highest rate to 2021. Mobile networks are said to offer a low cost solution for controlling and monitoring the overall distribution automation system.

Frost & Sullivan further forecasts the market for digital grid communication infrastructure in North America will increase by 9.1% per annum until 2023. The market is expected to generate $1 billion in revenue by 2023.

According to the research, utilities in North America will increasingly deploy smart communication devices to make use of grid edge intelligence in order to improve the efficiency of transmission and distribution assets through real time and remote operation.

Adhering to open protocols and standards will ensure interoperability of products across vendors and the possibility of future system expansion. Communication-as-a-service will provide a cost-effective alternative to utilities, say the analysts at Frost & Sullivan.

Other key findings from the research company include feedback which says that:

• Advanced metering infrastructure (AMI) applications continue to drive demand for wireless communication devices in the short and medium term. Emerging applications such as edge intelligence will boost demand and dominate wireless technology applications in the long term;
• Double-digit growth of grid intelligence utilising wireless technologies is anticipated;
• Rapid development in the wireless market from 2020 due to 5G rollout will bring down the cost of migration; and
• The use of wired technology devices will increase due to progression in distribution and substation automation.

Farah Saeed, programme leader of digital grids at Frost & Sullivan, said: “The rapidly changing market environment demands flexibility in the communications infrastructure.

“With a forward-looking market, vendors should develop a compelling business model like the communication-as-a-service model to improve bottom-line results for end users.”

With rapid developments in smart grid technology in North America, inherent cyber vulnerabilities will push for utilities to upgrade or overhaul their communications infrastructure.

“Strategic partnerships and mergers will further stimulate product and service development, and address the challenges for utilities of managing multiple vendors for individual applications.

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