M2M technology has applications in various fields such as tracking, security and surveillance applications, automotive, healthcare, manufacturing and robotics. Cellular M2M provides you the most reliable and constant access to your devices. Utility companies can ease the billing process by employing M2M cellular modules with your electric and gas meters.
Firms like Wavecom, Digi international and Sensor Logic are involved in developing cellular M2M applications. Handset market is entirely flooded with carriers and vendors launching new applications and products but this cellular M2M can be of great interest to the carriers. Verizon’s ODI (Open development initiative) enables you to use its network for your wireless devices.
Initially M2M market had to strive to make its place due to the sophisticated M2M applications development and integration cost. However the M2M market is estimated to reach $ 57 million in 2014.
Source:Internet
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