M2M for Oil and Gas

April 28 - 29, 2014 - London UK

SMI Group Ltd

mmalik@smi-online.co.uk
Phone:020 7827 6166

The market for wireless M2M applications in the oil and gas industry has entered a growth phase with the installed base of active oil & gas M2M devices forecasted to grow at a compound annual growth rate of 21.5 percent from 164,000 units at the end of 2011 to 435,000 units by 2016. The installed base of cellular and satellite based M2M devices in 2016 are forecasted to be 275,000 units and 160,000 units respectively. It is anticipated that onshore well field equipment monitoring and inland pipeline monitoring will be the top two applications for wireless M2M in the oil & gas industry.

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