M2M Technology and Applications
No matter what applications M2M technology is applied to, the core concept is the same, enabling real-time data communication between remote machines and central management applications to enhance the value of the remote device to its user. Within this basic structure of an M2M application, there are many wired and wireless communication options. But the real growth trend lies within embedded cellular M2M, which enables rapid and secure data transfer via GSM/GPRS, UMTS/HSPA(+) and LTE networks.
M2M technology is becoming smarter and more mobile. The exciting thing about M2M is that the possibilities are endless in terms of what new innovative devices and applications can be developed that leverage M2M technology. Just like it is very hard to imagine what it is going to be without cell phones only 25 years ago.
M2M technology has spread rapidly throughout a broad range of application areas in recent years, like more reliable data can be generated and transmitted faster, energy consumption can be reduced, logistics process can be managed more efficiently, and the safety of people and property is better ensured. But M2M applications such as automotive and transport are still the prominent application market for M2M modules; automated metering reading, security, remote payment system, fleet management, telemedicine, and the consumer market are the promising field.
M2M technology ushers in great and tremendous changes. And the era of “Internet of Things” has been a reality for sometime already, which leads to an ever greater acceptance of M2M technology. Some of the key factors driving the market for M2M solutions include growing range of successful applications, regulatory mandates, penetration of 3G technology, and launch of 4G technology. Therefore, developments in M2M applications have been highly sophisticated and advanced. The handling of M2M becomes increasingly easier and production cheaper.
At present, M2M technology can cost-effectively deliver the speed and quality of service that end users require in an M2M application. That's why numerous industries, from healthcare to security to smart metering, are realizing the value of cellular and how it positively affects business models.