Frost & Sullivan: Smart Homes, Telematics, and Healthcare Drive Demand for Global M2M Test Equipment Market

Frost & Sullivan: Smart Homes,Frost & Sullivan: Smart Homes, Telematics, and Healthcare Drive Demand for Global M2M Test Equipment Market PR Newswire MOUNTAIN VIEW, California, Feb. 19, 2014 -- As improving wireless standards support the global M2M market, the test market too will grow The large number of applications for machine-to-machine (M2M) communications is driving the related communications test and monitoring equipment market, globally. While the transportation, industrial, safety and emergency industries have been successfully penetrated by M2M technologies, adoption is increasing in areas such as healthcare, home automation, and consumer electronics. To enable devices to work in the manner required on the communication network, there will be a higher demand for test equipment on the manufacturing side. New analysis from Frost & Sullivan (http://www.testandmeasurement.frost.com), Global Machine-to-Machine (M2M) Communications Test and Monitoring Equipment Market, finds that the market earned revenue of $321.7 million in 2013 and estimates this to more than triple to $981.1 million in 2020. For complimentary access to more information on this research, please visit: http://bit.ly/1bjaMKr. "Improved global wireless standards for smart device communications are fueling the uptake of network installation, maintenance, and monitoring equipment," stated Frost & Sullivan Measurement & Instrumentation Program Manager Olga Yashkova-Shapiro.