Analyst expects IoT networks to mature this year

Market research firm Analysys Mason has forecasted that in 2016, the market for Internet of Things (IoT) and M2M solutions will considerably mature, as some of the key issues facing operators around technology, use cases and opportunities will be resolved.
On the IoT network front, the analysts predict that the contest for worldwide dominance in LPWA networking technology will be confined to NarrowBand IoT (NB-IoT) and LoRa1.
"We expect NB-IoT and LoRa to prevail because: LoRa has significant momentum, boasting networks in five continents. The technology has backing from vendors such as Cisco and IBM and communications service providers (CSPs) such as Du, Swisscom and KPN. The weight of the established telecoms industry (including Ericsson, Huawei, Intel, Nokia, Qualcomm and Vodafone) will be enough to make NB-IoT one of the main contenders," stated the market research company.