Research: Cellular M2M connections to grow 30% a year to 2020 — from telecompetitor.com by Andrew Burger

Excerpt:

Cellular machine-to-machine (M2M) connections will exhibit explosive growth between 2012 and 2020, according to a new research report and forecast from Strategy Analytics. Cellular M2M connections will increase from 277 million this year to some 2.5 billion in 2020, a constant annual growth rate (CAGR) of 30%, the Boston-based market research firm projects.

Ongoing progress in deployment of global connectivity platforms, standardization efforts, growth in cloud computing and regulatory initiatives will all contribute to growth in cellular M2M connections, according to Strategy Analytics’ analysts.