IDC: Significant potential for M2M growth exists in Africa

There is significant potential for growth in the machine-to-machine (M2M) market across the African continent, particularly in respect to the deployment of M2M energy, utility and security services, according to a new research report from IDC. The research company argues that the mature markets of South Africa, Kenya and Nigeria are currently leading the charge, with M2M technology being used in their transportation and retail verticals to deliver services such as fleet management, asset tracking, retail point of sale (POS), and pay-as-you-go insurance. It believes M2M technology is clearly gaining traction in Africa, albeit at a slower rate than seen in the world's more developed markets. While consumer applications for M2M technology exist, enterprises will be the main customers for such services. Release