Global mobile security client revenue hit US$1.97 billion last year, a 46% increase from 2013, and is forecast to grow rapidly to $3.8 billion by 2019.
Telstra's recently announced focus on the machine to machine market for cellular services has received a ringing endorsement from global research firm, Infonetics, which is forecasting revenue from services to embedded modems in M2M applications to grow at 66 percent CAGR until at least 2014.