The Global M2M/IoT Terminal Market - Insights from 30 Executive Interviews with Market-leading Companies
Summary
These include primarily general-purpose cellular routers, gateways and modems that are enclosed in a chassis with at least one input/output port. Average terminal prices in North America have increased as a result of a high share of 4G LTE routers and gateways in the product mix. The researcher forecasts that shipments of M2M terminals will grow at a CAGR of 18.8 percent in the next five years to reach 13.7 million units in 2022. US based Cradlepoint is the second largest provider with an estimated US$ 115 million in revenues from terminal sales. Other notable vendors are CalAmp, MultiTech Systems, Encore Networks and Systech in North America, Xiamen Four-Faith, Maestro Wireless, InHand Networks, Robustel Technologies and NetComm Wireless in the Asia-Pacific region, and Teltonika, HMS Networks, Advantech B+B SmartWorx, NetModule, Matrix Electrnica, Eurotech, Gemalto, Dr. Neuhaus and Option in Europe.