Growing M2M & IoT Markets Drive the Need for Better Testing, Heavy Reading Finds
Good testing becomes even more important as the M2M and IoT markets grow, says Heavy Reading Mobile Networks Insider
NEW YORK, Oct. 15, 2014 /PRNewswire/ -- As the machine-to-machine (M2M) and Internet of Things (IoT) markets continue to grow substantially over the next several years, the need for adequate testing also rises, according to the latest report from Heavy Reading Mobile Networks Insider (www.heavyreading.com/mobile-networks), a subscription research service from Heavy Reading (www.heavyreading.com).
Growth of M2M & IoT Networks Drives Need for Testing examines the market for testing of M2M and IoT, analyzing the types of testing that is most commonly used, as well as drivers expected in the market over the next two years. It discusses challenges in the industry and includes a comparative analysis of solutions available. Finally, it examines the geographic landscape of the market and details trends that are likely to occur in the industry over the next 18-24 months.
To see a list of companies covered in this report, please click on the following link: http://twimgs.com/audiencedevelopment/LRHR/PDFS/mni1014_companies.pdf.
"Several studies have been done to estimate the likely growth trajectory of the M2M marketplace; M2M is expected to be an $87.3 billion business worldwide by 2017," says Denise Culver, research analyst with Heavy Reading Insider and author of the report. "Meanwhile, the Internet of Things (IoT) currently is responsible for an estimated 2 billion devices – a number that's expected to hit about 9 billion by 2018."
As the statistics suggest, M2M will likely experience rapid growth over the next several years, which makes this is a critical time for test vendors, Culver says. "Integrating testing solutions into every aspect of the M2M and IoT rollout is becoming a key factor to rolling out or upgrading M2M and IoT networks," she continues. "As more enterprises create interconnected systems, it's imperative to understand that inadequate testing could lead to catastrophic compromises of data."
Key findings of Growth of M2M & IoT Networks Drives Need for Testing include the following:
- Over the next 24 months, there will be a significant increase in quality-of-service (QoS) and interoperability testing to create a "no harm to network" testing scenario.
- Although M2M and IoT have significant growth potential, they are still young markets compared to legacy mobile communications or traditional Internet services.
- M2M networks pose security challenges due to the scale, variety and velocity of the data they produce, so they need new approaches to monitoring, assurance and analytics.
- M2M provides numerous benefits for IoT, including minimizing user error and accelerating response times.
- Vertical-specific solutions will emerge in arenas such as healthcare: Governments of mature markets are seeking ways to improve healthcare outcomes with M2M and IoT solutions.
Growth of M2M & IoT Networks Drives Need for Testing is available as part of an annual single-user subscription (six issues) to Heavy Reading Mobile Networks Insider, priced at $1,595. Individual reports are available for $900 (single-user license).
To subscribe, or for more information, please visit: www.heavyreading.com/mobile-networks. For more information on all of Heavy Reading's Insider services, please visit www.heavyreading.com/research.
To request a free executive summary of the report, or for details on multi-user licensing options, please contact:
Bryan Gillies
Account Executive, Insider Sales
Heavy Reading
415-580-6256
[email protected]
Press/analyst contact:
Dennis Mendyk
Vice President of Research, Heavy Reading
201-587-2154
[email protected]
About Heavy Reading
Heavy Reading (www.heavyreading.com), the research division of Light Reading, offers deep analysis of emerging telecom trends to network operators, technology suppliers, and investors. Its product portfolio includes in-depth reports that address critical next-generation technology and service issues, market trackers that focus on the telecom industry's most critical technology sectors, exclusive worldwide surveys of network operator decision-makers that identify future purchasing and deployment plans, and a rich array of custom and consulting services that give clients the market intelligence needed to compete successfully in the global telecom industry.
About Light Reading
Light Reading (www.lightreading.com) combines its research-led online communities and targeted events portfolio to help those in the global communications industry make informed decisions. Lightreading.com is the ultimate source for telecom analysis for more than 350,000 subscribers each month, leading the media sector in terms of traffic, content, and reputation. Light Reading produces targeted communications events and focused one-day conferences each year for cable, mobile, and wireline executives across five continents.
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SOURCE Heavy Reading
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