Business Intelligence

M2M analytics industry to grow 53.1% by 2018

23rd Oct `13, 04:16 AM in Business Intelligence

Big Data and Analytics in M2M is expected to rise 53.1% over the following five years and reach…

BDMS
Guest Contributor
 

Big Data and Analytics in M2M is expected to rise 53.1% over the following five years and reach $14.3bn in 2018, according to a new forecast by ABI Research.

The latest forecast also involves revenue segmentation for the five components that collectively allow implementing analytics in M2M services including data integration, data storage, core analytics, data presentation, and associated professional services.

ABI Research senior analyst Aapo Markkanen said that analytics will play a critical role in the evolution of M2M, serving as the foundation for an increasing number of M2M business cases.

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