Study: M2M market could be worth almost $1 trillion in 7 years

04/17/2013 |

Worldwide annual revenue from machine-to-machine communication is expected to increase from $121 billion at present to $984 billion by 2020, a 23% annual growth rate, according to a report by the Carbon War Room. The market-research firm sees the number of M2M devices growing from 1.3 billion in 2012 to 12.5 billion in seven years.

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