We are in the early stages of a new world where everything that should be connected will be connected. Connected cars, homes, industrial processes, healthcare, agriculture, and other sectors comprise a few billion connections today. In the next 20 years, connections to things, sensors, computers, and people will grow nearly 10 times. Helping businesses limit the risk and maximize the opportunity is the IoT, IoE, and M2M intelligence sector. This sector provides an end-to-end view of the connected thing value chain from devices to value-added services. Critical IoT solution components of connected devices, service platforms, security, analytics, IoT applications, partner programs, and professional services are examined by supplier and technology viewpoints. The sector is grounded in the IoT Market Tracker, a highly segmented database that quantifies the entire IoT value chain by connection technology and six revenue categories. Additionally, the IoE Market Tracker provides a total market view by fixed and wireless connection technologies and by vertical market for computing devices and connected things.
Two trends are currently underway in the M2M industry: 1) the facilitation of easier application development by corporate customers in a shift away from third-party application development; and 2) the deployment of application development tools by technology vendors at different levels of the M2M value chain. To this end, Numerex, a provider of cellular connectivity to the M2M industry, introduced its Foundation Application Software Technology (FAST) application development platform in January 2009. The introduction of such a platform is indicative of the changes occurring in the industry. This Insight examines these trends and the impact they are having on the M2M vendor landscape.