New Report on the U.S. M2M & IoT Market Highlights Key Applications Poised for Growth over the Next Two Years
SAN ANTONIO, Texas, 17 September 2014: Compass Intelligence is proud to announce the release of its latest report on the U.S. M2M & IoT Market. This new report, authored by Keith Robinson & Lavanya Rammohan provides a semi-annual forecast for the market up to 2016. The U.S. Market for M2M & IoT reached 39.9 million cellular connections in Q2 2014 and it is expected to grow to 51.7 million connections by the end of 2016 at a semi-annual growth rate of 5.3 percent. The revenues for these connections are expected to grow from $1.43 billion in Q2 2014 to $1.54 billion at the end of 2016 with a semi-annual growth rate of 1.4 percent.