The market for Machine-to-Machine (M2M) communications and the development of the Internet of Things (IoT) will be a huge economic driver over the next 10 years.

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Here is what some really smart people are saying ...

Gartner: "... Internet of Things’ suppliers is estimated to reach $309 billion per year by 2020."

Cisco: "... IBSG predicts there will be 25 billion devices connected to the Internet by 2015 and 50 billion by 2020 ... Cisco predicts that the IoE Value at Stake will be $14.4 trillion for companies and industries worldwide in the next decade."

Intel: "We are now on the threshold of a fourth phase in the evolution of the Internet ... billions of intelligent embedded devices will connect with larger computing systems, and to each other, without human intervention. In support of this concept, John Gantz of IDC forecasts 15 billion devices will be communicating over the network by the year 2015."

McKinsey Global Institute: "We estimate the potential economic impact of the Internet of Things to be $2.7 trillion to $6.2 trillion per year by 2025."