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M2M device

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Definition Edit

M2M devices (machine-to-machine devices) are devices that are

in constant communication with each other (using wired and wireless networks) without human intervention.[1]

Overview Edit

"By 2020, the connected device market is expected to be dominated not by mobile phones, as it is today, but by machine to machine (M2M) devices — as many as 50 billion of them, by some estimates."[2] A recent study claimed that M2M will generate new revenues and business models as well as enhancing the efficiency and effectiveness of current services, leading to a global business impact worth up to $4.5 trillion.[3] "Examples of the economic impact include expected savings of $1 trillion by replacing manual meter readings with smart meters and another $1 trillion from service improvements such as providing clinical remote monitoring for patients with chronic illnesses."[4]

References Edit

  1. Report to the President: Realizing the Full Potential of Government-held Spectrum to Spur Economic Growth, at 41.
  2. Id., citing OECD, Machine-to-Machine Communications: Connecting Billions of Devices (OECD Digital Economy Papers, No. 192) (2012) (full-text).
  3. GSMA/Machina Research, The Connected Life: A USD4.5 trillion global impact in 2020 (2012) (full-text).
  4. Report to the President: Realizing the Full Potential of Government-held Spectrum to Spur Economic Growth, at 41.

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