SOURCE: Compass Intelligence

Compass Intelligence

April 01, 2015 10:00 ET

Compass Intelligence Releases New Report on Vertical Markets for M2M & IoT

The Report Provides Detailed Analysis of M2M & IoT Solutions in Healthcare, Shipping, Intelligent Buildings, Energy & Smart Grid and Industrial Verticals

SAN ANTONIO, TX--(Marketwired - April 01, 2015) - Strategy acceleration firm, Compass Intelligence released its latest report on "M2M & IoT Vertical Market Analysis: A Global Analysis for Growth Opportunities and Solutions" today. The purpose of this study is to provide insight into several key vertical markets that are adopting M2M & IoT solutions. The analysis will provide the following: Economic Health of the Vertical Market, Identification of Key Companies in the Vertical, IoT/M2M Readiness.

The insights from this report into these vertical markets will give M2M & IoT market participants a better foundation to penetrate vertical markets and align itself with a market that best fits their core competencies. The vertical segments that will be addressed in this analysis include:

  • Healthcare
  • Shipping
  • Intelligent Buildings
  • Energy/Smart Grid
  • Industrial

"In evaluating vertical markets, the key is understanding the health of the industry and how products/goods flow through the value chain," notes Keith Robinson, Director of M2M & IoT Research & Consulting, Compass Intelligence. "Some markets are more complex than others such as industrial, while others are pretty straightforward such as healthcare. In addition to understanding the dynamics and economic health of the verticals, having insight into the readiness of IoT/M2M for each vertical is critical."

Click here to receive a free excerpt.

Key Findings from the Report

  • mHealth: With an ageing baby boomer generation and the ability to integrate with other solutions in the home and vehicle make mHealth a killer app in the IoT market. It is expected to help drive growth for cellular connections and innovative software solutions. This market is on the cusp of strong growth and having the right medical device partners will play a key role in deciding who wins or loses in this market. If a company is not partnering with a tier-1 medical device company right now, it is already on the outside looking in. Understanding where the growth lies with specific medical devices is important. Some devices are growing faster than others. The investment made on the right type of devices will help yield the necessary RoI.
  • Intelligent Buildings: There are opportunities with intelligent buildings but the real question is where those opportunities are. New construction tends to be the best opportunity for IoT solutions because building owners seemed to be reluctant in adopting IoT in retrofits. Another issue impacting the commercial building market is the economic health of the vertical. Some regions are growing stronger while others lag behind. This industry also has various business models such as ESCO's who use innovative financing models for projects that are based on the actual energy cost savings. Understanding these models are crucial since it is more prevalent in the market and it will have an impact on how IoT solutions go to market in this space.
  • Smart Grid/Energy: With so much turmoil in the geopolitical landscape, energy is becoming more important with business leaders and politicians. The smart grid provides various opportunities for IoT solutions but the biggest barrier has always been who is going to pay for it. Another challenge for companies is where they should participate in the market.
  • Industrial: Industrial is the most fragmented segment of the market. It also provides the most opportunities for IoT solutions. Each sector within industrial has its own ecosystem and key companies that dominate a segment of the market. This segment also has various protocols and devices that can be connected either wired or wireless. As this market begins to upgrade older technologies, it is expected to be one the strongest verticals for growth and finding the right industry within industrial is key. 

For more insights from this report and explore other opportunities in M2M & IoT, contact Keith Robinson at krobinson@compassintelligence.com or (210) 639-3829.

Compass Intelligence is proud to announce that Go Mobile 2015 conference will be held again in Dallas TX at the Highland Dallas from November 11-13, 2015. View our news release.

About Compass Intelligence

Compass Intelligence, a market analytics and consulting firm, specializes in deep-level market segmentation and actionable research for the high-tech and telecom industries while delivering metrics-driven intelligence and insights. Compass Intelligence provides executive insights, market sizing/modeling, competitive analysis, strategic consulting, and expert recommendations on multiple markets. Visit us at http://www.compassintelligence.com. Follow Compass Intelligence on Twitter at @CompassIntel.

Visit our sister websites www.ne2ne.com for the latest M2M & IoT news and www.bamboo-mobile.com for Reuse & Recycling news.

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