ML-C MobileLocation-Company Munich

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M2M Connections Forecasted to Grow at a CAGR of 32%

According to a new research report of Berg Insight, the total number of wireless M2M connections is forecasted to grow at a compound annual growth rate (CAGR) of 32.0 percent to reach 294.1 million connections in 2015. If only a third of these devices had GPS or GLONASS positioning included, which is more than a conservative assumption, then ML-C's target market would hit the 100 million unit size in 2015. Read more about the report here.