India is 3G & 4G Ready with a mobile subscriber’s base of over 950 million – One of the fastest growing & largest telecom market place in the world. With ever rising mobile subscribers voice is increasingly becoming a commodity – Telco’s in India are excited and have realized importance of machine-to-machine ( M2M ) market which is growing worldwide at a fast pace. M2M technologies allow both wireless and wired systems to communicate with other devices / systems of the same ability. Innovative applications like smart cars, connected homes, smart metering, remote management and industrial data collection would be the major revenue drivers of service providers worldwide in the future.
The ROI for connected machines is rapidly expanding to a much wider market audience – According to latest industry reports M2M connections are expected to reach 287-400 million by 2016 with annual revenues of USD 35 billion by 2016 worldwide.
In India M2M market has now started evolving – India M2M market will be majorly driven by Automotive & Commercial Telematics, Household Monitoring & Control, Finance & Retail, Healthcare & Medical Devices, Smart Homes and Smart Metering.
Being India’s First Convention on M2M – Now into successful 2nd Edition – The forum will offer a world class platform for understanding business value proposition of M2M and how M2M technologies and applications will help businesses to fuel growth and productivity.