M2M and Global Communications - Part 1
M2M communications is the latest example of how wireless networks are revolutionizing global business. Around the world, industries—from health care to transportation—depend on broadband networks to employ endless innovations using this “Internet of Things”. Now is a critical time for the wireless industry as it prepares to handle the immense traffic generated by M2M. The Telecommunications Industry Association’s Market Review & Forecast predicts that M2M will be one of the fastest-growing components of the data services market. By 2015, TIA expects the number of M2M connections to more than triple, with 50 billion devices connectable by 2020. There is no doubt that a bright future for the wireless industry is essential for the success of M2M. But there are challenges that our industry must confront in order to handle M2M and ensure its global functionality.