NetComm Wireless Limited, a leading global developer of wireless Machine-to-Machine (M2M) devices, will continue to strengthen its affiliation with the world’s leading mobile network operators¹.
Machina Research expects revenue from M2M devices, installation, connectivity and services to be worth USD2.5 trillion by the end of 2024, with the single biggest revenue opportunity associated with the revenue from connected device hardware.
“Leading operators are collaborating with device manufacturers and other players in the M2M value chain to enhance their M2M capabilities, and are looking to global M2M hardware providers such as NetComm Wireless to develop and deploy technologies that support the business model demands of the fast expanding M2M and IoT markets,” said Jim Morrish, Founder and Chief Research Officer, Machina Research.
David Stewart, CEO and Managing Director, NetComm Wireless, said:
“We are working with over a quarter of the world’s top ranking network operators in M2M, and will continue to meet our strategic M2M growth targets by addressing the rising global demand for open, scalable and economical M2M solutions.”
NetComm Wireless is currently working with 7 of the leading 30 M2M operators, constituting over 20% of expected global M2M revenue in 2022.
These key mobile network operators include Vodafone (ranked #1 on the basis of share of global M2M revenue in 2022), Verizon, SingTel, Etisalat, STC, Tele2 and Telstra.
|Rank||CSP||Rank change vs previous iteration (May 2013)|