Wireless Telemetry To Reach $25.3bn By 2009

Juniper Research expects wireless telemetry (or AMR – Automated Meter Reading) to become the leading sector in the M2M markets in three years. It said that revenues would go from $11.6 billion in 2006 to $25.3 billion by 2009 as companies would realize the operational benefits and efficiency savings from real-time data monitoring. The figure will soar even more by 2011, reaching $40.8 billion. Telematics, however, will have a slower growth, with revenues coming to $6.4 billion in 2006 and increasing to $11 billion by 2009.

Report author Dr. Therese Cory believes real-time electronic data monitoring can help enterprise performance and efficiency. But carrying out M2M projects requires time as well as long-term investments. Nonetheless, some companies have initiated ventures in this area such as Italian energy company Enel, which has installed 30 million AMRs in 2006.
Via [tmcnet.com]

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