[October 24, 2017] |
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GSMA Mobile IoT Initiative Helping Operators Target European Connected Energy Market Worth USD$26 Billion
The GSMA today announced that mobile operators deploying new Mobile IoT
networks will be able to benefit from the European connected energy
market estimated to be worth USD$26 billion by 20261. Data
shared by analyst house Machina Research highlights the huge growth
opportunity in the emerging connected energy market that could connect
approximately 158 million new smart meters on LPWA networks across
Europe. The total number of connections in Europe could be further
increased if the 60 million cellular connections are also included with
LPWA.
"The Internet of Things is fundamentally disrupting the smart utility
market by providing ubiquitous connectivity and real-time, actionable
data. Mobile IoT networks will take this further by offering energy
providers a cost-effective solution to connect millions of smart
meters," said Alex Sinclair, Chief Technology Officer, GSMA. "There is a
real sense of momentum behind the roll-out of Mobile IoT networks with
multiple global launches, however, there is still a huge runway for
growth. We encourage operators to act now to capitalise on this clear
market opportunity and further accelerate the development of the IoT."
The current connected energy market, which includes applications related
to the generation and transportation of energy, microgeneration, smart
grid and distribution monitoring and smart metering, is worth an
estimated USD$11.7 billion. The European connected energy market
represents approximately 21 per cent of all global revenues, with APAC
claiming 54 per cent and the Americas 21 per cent. The European
Commission recently published a proposal indicating that approximately
200 million electricity smart meters and 45 million gas meters will be
rolled out by 2020. The Commission also estimates that by 2020,
approximately 72 per cent of Europeans customers will have a smart meter
for electricity and about 40 per cent for gas2.
"In the coming years we will see an important change in the way natural
gas networks operate. The need for more efficient operations, improved
safety and better quality of service will be paramount and we can do
this through the roll-out of smart gas metering systems. We are moving
towards the digitalisation of gas networks, a transformation from
"pipe-centric" systems to "data-centric" systems. To make this happen,
reliable communication means are a must and the arrival of NB-IoT and
LTE-M represents an acceleration of this evolution. These new
technologies offer everything necessary, such as long battery life,
penetration and data security, as well as licensed spectrum," commented
Gianfranco De Feo, Executive Director, Shanghai Fiorentini Ltd.
Mobile IoT Networks Supporting Growth of Connected Energy
Mobile IoT networks re designed to support mass-market IoT applications
across a wide variety of use cases including connected energy solutions
such as water and gas metering, smart grids, electricity and energy
monitoring. They support IoT applications that are low-cost, use low
data rates, require long battery lives and often operate in remote and
hard to reach locations making them ideal for the connected energy
sector. Mobile networks are already supporting the smart electric
metering market, but now other sectors such as water and gas metering
are turning their attention to the benefits of adopting NB-IoT and LTE-M
networks due to low power and better ground penetration.
In Europe, Deutsche Telekom (News - Alert) has already deployed NB-IoT networks for
smart metering and smart lighting solutions in several locations in The
Netherlands, including Amsterdam and Rotterdam. Vodafone is also working
on a number of initiatives including a water metering project in
Valencia using NB-IoT. Globally, AT&T (News - Alert) is working with Capstone Metering
in the U.S to monitor water usage using LTE-M. In Asia Pacific, the
largest global market for smart metering applications, China Mobile is
piloting NB-IoT for water quality monitoring across several locations,
while China Unicom (News - Alert) is using NB-IoT to collect readings from energy and
water meters and is working with an energy company, SoftGrid on a smart
cities project3. For further examples, please go to: https://www.gsma.com/iot/miot-rollout/.
Mobile IoT Momentum
There are currently 21
commercial Mobile IoT networks available around the world from 14
operators, including AT&T, Telstra (News - Alert) and Verizon (LTE-M), as well as 3
Hong Kong, China Mobile, China Telecom, China Unicom, Deutsche Telekom,
KT, LG Uplus, M1 and Vodafone (NB-IoT). Etisalat (News - Alert) and Turkcell have
launched both NB-IoT and LTE-M. For further information on the Mobile
IoT Initiative, visit www.gsma.com/iot/mobile-iot-initiative/.
-ENDS-
Notes to Editors
1.) Machina Research 2017. The figure refers to the total potential
revenue available to all companies in the connected energy ecosystem.
2.) http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52016PC0864R(01)&from=EN
3.) https://machinaresearch.com/report/connected-energy-smart-meter-rollouts-are-driven-by-government-policy-decisions/
About the GSMA
The GSMA represents the interests of mobile operators worldwide, uniting
nearly 800 operators with more than 300 companies in the broader mobile
ecosystem, including handset and device makers, software companies,
equipment providers and internet companies, as well as organisations in
adjacent industry sectors. The GSMA also produces industry-leading
events such as Mobile World Congress, Mobile World Congress Shanghai,
Mobile World Congress Americas and the Mobile 360 Series of conferences.
For more information, please visit the GSMA corporate website at www.gsma.com.
Follow the GSMA on Twitter: @GSMA.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171024005086/en/
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