Global mobile “machine-to-machine” accounts increased by 30 percent during 2016 to reach 398.1 million, about five percent of all mobile accounts, according to Berg Insight estimates.
A compound annual growth rate (CAGR) of 26.2 percent will drive accounts to to 1.3 million by about 2021.
mobile M2M revenues will grow at a 26 percent CAGR from €6.7 billion (US$7 billion) in 2015 to approximately €21.4 billion (US$24 billion) in 2021. Berg Insight estimates.
Monthly average revenue per “user” (ARPU) is expected to remain stable at around € 1.40 (US$1.50).
Europe and North America are the most advanced regions in terms of adoption. China, Brazil, Russia, South Africa and Turkey are leading adopters of mobile M2M among the world’s major emerging economies.
While China already has the largest installed base of an estimated 118 million M2M devices in the second quarter of 2016, the relative adoption rate is still half of Europe and North America (about 200 connections per 1,000 people) at 86 connections per 1,000 people. Brazil and Russia had around 55 connections per 1,000 people each, corresponding to 11.6 million and 7.8 million M2M subscribers respectively.
South Africa and Turkey are the most advanced markets in the Middle East and Africa region with 5.3 million and 3.5 million M2M subscribers respectively at the end of the second quarter of 2016.
The South African market is highly advanced with a relative penetration rate of 96 per 1,000 people, which is higher than China and South Korea and almost equal to Japan.
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