Lte-m connections to reach 500 million in 2028

New research from roaming and connectivity experts Kaleido Intelligence has forecast that total active LTE-M connections will reach over 500 million in 2028, representing growth of 43% CAGR between 2023 and 2028.

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Global carsharing users to reach 269 million by 2027

According to a new research report by IoT analyst firm Berg Insight, the number of users of carsharing services worldwide is forecasted to grow from 123.4 million people in 2022 at a compound annual growth rate (CAGR) of 16.9% to reach 269.4 million people in 2027. Berg Insight forecasts that the number of vehicles used

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APAC IoT spending to reach $435bn in 2027, says IDC

Asia/Pacific (APAC) spending on the Internet of Things (IoT) is forecasted to be [$277.5 billion (€252.91 billion)] in 2023, an increase of 11% over 2022, according to IDC‘s worldwide semiannual Internet of Things spending guide. Rising demand for remote operations, supply chain efficiency, deployment of commercial 5G, and increasing digital footprint are driving IoT adoption

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ITS Market for e-buses in Europe, North America expected to grow 5 times by 2027, says Berg Insight

Gothenburg, Sweden. 25 May 2023 – Berg Insight has released new findings about the market for Intelligent Transport Systems (ITS) for electric buses. The market value for electric bus ITS deployed in European public transport operations was €57.1 million in 2022. Growing at a compound annual growth rate (CAGR) of 39%, this number is expected

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Berg Insight reports shipments of NFC-ready POS terminals reached 75.3mn in 2021

Gothenburg, Sweden. 16 March 2023 – According to a new research report from IoT analyst firm Berg Insight, a market for NFC-ready POS terminals continued to show strong momentum in 2021 with annual shipments reaching an estimated 75.3 million units worldwide. The attach rate for NFC was highest in EU27+3 and North America, where 98%

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The rental, leasing car telematics market is expected to grow at a CAGR of 17.6% in next 5 years, says Berg Insight

Gothenburg, Sweden. 17 February 2023 – The installed base of telematics devices in the car rental and leasing market in Europe and North America reached 5.6 million in 2021 according to a new market research report from the IoT analyst firm Berg Insight.

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Berg Insight says 56.8mn patients worldwide are remotely monitored

Gothenburg, Sweden. 19 January 2023 – Berg Insight, an IoT market research provider, has released new findings on the mHealth market. The number of remotely monitored patients reached 56.8 million in 2021 as the market acceptance continues to grow in several key verticals. This number includes all patients enrolled in mHealth care programs in which

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The cellular IoT gateway market reached US$ 1.15bn in 2021

Gothenburg, Sweden. 31 October 2022 – Berg Insight, the IoT market research provider, has released new findings about the market for cellular IoT gateways and routers. More than 4.5 million cellular IoT gateways were shipped globally during 2021, at a total market value of approximately US$ 1.15 billion (€1.16 billion). Annual sales grew at a

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Installed base of construction equipment OEM telematics systems to hit 9.6mn units globally by 2026, says Berg

Gothenburg, Sweden. 25 October 2022 – Berg Insight has completed a new market research project that concludes the global installed base of active construction equipment (CE) OEM (original equipment manufacturer) telematics systems reached 5.2 million units in 2021.

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Strategy Analytics believes that industrial, automotive will be the biggest vertical during 2022-30

Boston, United States – Strategy Analytics published its latest report on IoT cellular connections by vertical and by air interface (25,3G,4G&5G), forecasting a double-digit compound annual growth rate (CAGR) of 14% during 2022-2030

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Public transport ITS market in Europe and North America to reach €3.9bn turnover by 2026, says Berg Insight

Gothenburg, Sweden. 29 September 2022 – Berg Insight, a Sweden-based Internet of Things (IoT) market research provider, has released new findings about the market for Intelligent Transport Systems (ITS). The estimated market value for ITS deployed in public transport operations in Europe was €2.12 billion in 2021. Growing at a compound annual growth rate (CAGR)

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The secret to driving growth for mPOS and smart vending machines lies in wireless connectivity

The POS (point of sale) and vending equipment markets are forecast to grow hugely, due to increasing consumer demand and improved supporting technology including new fully featured yet cost-effective payment terminals. In fact, says Neset Yalcinkaya, VP of products / GM of NA R&D Centre at Quectel Wireless.

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Connected logistics market to hit $47.6bn valuation by 2029 backed by MaaS for fleet management

The global connected logistics market stands at a valuation of US$22.2 billion (€21.61 billion) in 2022 and is projected to reach $47.6 billion (€46.34 billion) by the end of 2029. Demand for connected logistics is estimated to increase at a compound annual growth rate (CAGR) of 11.5% over the forecast period (2022-2029).

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Mobile roaming revenues from consumer & IoT connections to reach $30bn in 2023, Says Kaleido

London, 13 July 2022 – New research from roaming analyst firm Kaleido Intelligence forecasts that total retail and wholesale roaming revenues from consumer and IoT mobile connections will exceed pre-COVID levels in 2023, reaching $30 billion (€29.81 billion) in value.

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Asia-Pacific is on its way to reach the milestone of 1bn smart electricity meters in 2026

Gothenburg, Sweden. 1 July 2022 – The smart electricity metering market in Asia-Pacific is well on its way to reach the historic milestone of 1 billion installed devices. A new research report from the IoT analyst firm Berg Insight analyses the development of smart metering technology in China, Japan, South Korea, India, Bangladesh, Indonesia, the

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Large enterprises propel the 5G Industrial IoT market SMEs to join the race soon, says FMI

The 5G Industrial IOT market revenues were estimated at US$890.0 million (€850.68 million) in 2021 and is anticipated to grow at a CAGR of 28.1% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach US$18.8 billion (€17.97 billion). 5G Industrial IOT revenue

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