Energy and utility are estimated to drive future market growth of Machine to Machine (M2M) communications due to the Government of India’s serious initiatives to deploy smart energy meters.
Machine-to-Machine (M2M) Communication has led to the evolution of “Smartness” to everything from the grid to the city. The number of advances in M2M technology has initiated energy-efficient innovations, which are driven by Big Data analytics and M2M Application Platform.
Further to this, privatization and newer regulations have unlocked the market with a serious competition, providing businesses and consumers increased number of choices to meet their energy needs. The Internet of Things is expected to grow to 50 billion devices by 2020, and manufacturers, utility providers, and consumers are taking advantage of information that flows from multiple assets. … (Read more)