In its most basic form, M2M involves devices that communicate autonomously and independently, without human involvement. The promise of M2M is that everyday objects are readable, recognizable, locatable, addressable and controllable through the Internet.
At the forefront of adopting machine connectivity are utilities, government, transportation, health care and finance. And growth is expected to increase, with Frost and Sullivan predicting the M2M market growing 33% year on year to 2016. A recent report from ABI Research predicts that by 2020 there will be close to 30 billion devices connected to the interactive network of things.
Network control and insight will be important tool to manage the increased traffic created by legions of devices and sensors which will be connected to networks. More devices means more complexity, and operators will be required to manage signaling as well as data delivery to optimize network performance, to reduce cost and to scale effectively.
Connectivity and control is only one part of the story. Different kinds of devices are gradually turning into hybrid devices that are services as much as they are physical objects.
Intelligent transport solutions can speed up traffic flows, reduce fuel consumption and save lives. smart grids can lower energy consumption and enable more renewable energy sources. remote monitoring will provide convenient access to health care, raise its quality and save money.