The growth of the M2M (machine-2-machine / mobile-2-machine) sector of the mobile technology industry is set to explode over the next 10 years according to a multitude of forecasters and analysts. The general consensus typically estimates that M2M device connections will grow from a rate of 62 million in 2010 to reach 60 billion by 2020 – and Michigan is well-positioned to benefit from that growth.
While the availability of mobile technologies isn’t new, the recent proliferation of mobile devices into the hands of consumers, and their demand to utilize mobile technologies in both their personal and professional lives, is driving an increase in M2M deployments in an ever-increasing array of industries. The fastest-growing industry sectors are expected to be: utilities, healthcare and security, however the list of industries that are currently, and can be in the future, positively impacted by M2M technologies is substantially longer. A recent article by the Mobile Technology Association of Michigan (MTAM) (http://dld.bz/awBxM) offered the theory that the impact of this technology specifically related to Michigan could in fact have long-term impact on the state’s economic growth. Linda Daichendt, Executive Director of MTAM states, “In our opinion, Michigan has a short window of opportunity to carve out a leadership position for itself in specific segments of the mobile / wireless space where major impact nationally and globally has yet to be achieved. We see M2M as a primary focus area where Michigan has a tremendous opportunity for success due to existing resources already available within the State.”
In the next meeting of Mobile Monday Detroit at Automation Alley in Troy on November 14th, the organization will explore the future of M2M technology on a global and national scale, as well as looking at its potential to positively impact Michigan specifically. Anyone interested is welcome to attend the meeting at no charge, though reservations are required. They can be made at http://meetup.com/mobile-monday-detroit .