4.3 million small business and home alarm systems will be connected to European cellular networks in 2016

Friday, December 14, 2012 - 07:31 in Mathematics & Economics

According to a new research report from the analyst firm Berg Insight, shipments of wireless M2M modules for security applications in EU27+2 is forecasted to grow from 2.9 million in 2011 at a compound annual growth rate (CAGR) of 47.1 percent to reach 20.0 million in 2016. At the same time, the number of tracking devices and wireless alarm systems monitored from an alarm receiving centre and similar will grow from 9.1 million in 2011 to 39.7 million by the end of 2016.

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