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High demand and good growth for smart-city tech – but same challenges remain

Smart cities – are they still a thing? Well, Berg Insight has issued a report that brings together various of the IoT ‘verticals’ that comprise various of the metropolitan monitoring solutions that tend to get designated as such, and concludes that, yes, cities are...

Euro smart gas meters hit 45% penetration; NB-IoT to be ‘go-to’ connectivity in 2028

The installed base of smart gas meters in Europe reached 55.9 million in 2023, according to analyst house Berg Insights. This is equivalent to a penetration rate of 45 percent, it said. The number will grow at a compound annual rate (CAGR) of 6.8...

Private LTE/5G networks number 2,900 at the end of 2023

There are 2,900 private LTE/5G networks across the world at the end of 2023, including trial and pilot deployments. So says Berg Insight, which calculates a quarter (700; 24 percent) are based on 5G, with close to half of these in trial mode, but...

Cellular IoT revenues jump 24% – to 2% of total cellular revenues (but boom-time still beckons)

Global revenues from cellular IoT networks increased 24 percent to reach €10.8 billion in 2022, calculates analyst firm Berg Insight. However they account for just two percent of total mobile revenues among the largest operator groups, it said, and are in general decline, with...

Cellular IoT module revenues reach $5.9bn in 2022: Berg Insight

Berg Insight said that Quectel, Fibocom, Sierra Wireless, Sunsea AIoT and Telit held a 69% share of the market in terms of revenues Revenues from shipments of IoT modules reached $5.9 billion last year, up 12% year-on-year, according to a new research report from...

IoT tracking in the supply chain (pt2) – how cellular IoT solved the global edge

Note, this article follows directly from a previous post (January 24) – about why logistics is the hardest industry of all for the IoT market to crack; both are taken from a new editorial report on the state of IoT in the supply chain...

Surge in smart electric meters in US, Canada – on new upgrades and late adopters

The installed base of smart electricity meters in North America is forecast to grow at a compound annual growth rate (CAGR) of 4.8 percent during 2021-2027 to reach a total of 173.4 million units at the end of the period, according to a new...

Active fleet management systems in NA to reach 26m by 2026

Berg said that the number of active fleet management systems in North America had reached 13.7 million at the end of last year   The number of active fleet management systems deployed in commercial vehicle fleets in North America is forecast to reach 26 million by...

Smart electricity meter penetration in EU reaches 56% at end-2022

At the end of 2021, the EU + UK region had nearly 163 million smart electricity meters   More than 56% of the electricity customers in European Union and the United Kingdom (the so-called EU27+3) had a smart meter at the end of 2022, according to...

Market for cellular IoT gateways and routers rallies after (and despite) Covid impact

New research from analyst house Berg Insight says the market for cellular IoT gateways and routers was worth $1.15 billion in 2021, with 4.5 million units shipped in the year, representing robust sales growth of 14 percent. Market demand has recovered, and then-some, following...

Double-digit growth for cold chain IoT – to 9.2 million units, €1.2 billion by 2026

The number of active IoT devices for cold chain tracking reached 4.1 million worldwide in 2021, according to Berg Insight. The calculation measures refrigerated cargo and cargo carrying units, including trailers, intermodal containers, rail freight wagons, air cargo containers, cargo boxes and pallets. The...

Satellite operator OQ Tech secures €13m in Series A round to expand 5G IoT fleet

Luxembourg-based 5G IoT satellite operator OQ Technology has secured €13 million ($12.9 million) of new investment in a Series A funding round to develop its own tech solutions, acquire more spectrum, and expand its satellite constellation, the company has said. The funding round was...

Global satellite IoT subscribers to reach 21.2m in 2026: Study

Berg Insight reported that Iridium, Orbcomm, Inmarsat and Globalstar are currently the largest satellite IoT network operators   The global satellite IoT subscriber base is forecast to reach 21.2 million units in 2026, up from 3.9 million units in 2021, according to a recent report by...

Study sees 1,140% growth in global IoT roaming data in 2022-27

The research noted that only 2% of total IoT roaming connections will rely on 5G networks by 2027   The amount of data generated by roaming IoT connections globally is forecast to increase from 86 petabytes this year to 1,100 petabytes by 2027, a growth of...

Global cellular IoT subscribers reach 2.1bn at end-2021: Study

The top ten mobile operators reported a combined active base of 1.8 billion cellular IoT subscribers at the end of 2021   The global number of cellular IoT subscribers increased by 22% during 2021 to reach 2.1 billion, according to a new report from European IoT...

‘Below expectations’ – near-term private LTE and 5G forecasts adjusted down, again

Analyst house Dell’Oro Group has adjusted down its near-term forecast for the private LTE and 5G market. It said its calculations show that radio access network (RAN) shipments and revenues are “again coming in below expectations, resulting in another markdown”. The market will roughly...

APAC smart electricity metering market to reach 1.1bn units in 2027: Study

The APAC smart electricity metering market will grow at a CAGR of 6.2% during the 2021-2027 period   The smart electricity metering market in Asia-Pacific is expected to reach 1.1 billion units in 2027, up compared to 757.7 million in 2021, according to a report from...

Global shipments of cellular IoT modules grow 39% y-o-y in 2021: Study

Quectel, Fibocom, Sunsea AIoT, Thales and Telit, hold 68% of the cellular IoT modules market in terms of revenues last year   European IoT analyst firm Berg Insight reported that annual shipments of cellular IoT modules reached 428 million units in 2021, an increase of 39%...

‘At a crossroads’ – make or break time for private 5G in Industry 4.0

This is the introduction to a new report on Industrial 5G Innovation – From Setting Standard to Becoming Standard. To read more, download the report here, or click on the image above; a webinar on the same topic is also available, here, with speakers...

Private LTE/5G nets to hit 13,500 in ’26, 5G to lead from ’24, 5G IoT devices to flow from ’23

The total number of private LTE and 5G networks will increase to 13,500 installations globally by 2026, according to analyst group Berg Insight; this is a 10-fold increase, roughly, from a figure today of “more than” 1,000 private LTE deployments and 200–300 private 5G...

(Some form of) wireless tech to connect 57% of electric meters in Europe by 2026

Note, this article has been updated from the 27/10/21 version, which suggested 57% of electric meters in Europe will be connected to NB-IoT and LTE-M. This is wrong, the stated figure of 57% refers to electric meters connected via all wireless technologies. Wireless technologies of...

Satellite IoT market to hit 15.7m connections in 2025, growing 35.8% per year

The number of satellite IoT subscribers will increase at a compound rate of 35.8 percent per year to reach 15.7 million in 2025, from around 3.4 million in 2020. Analyst firm Berg Insight, with a new research report, said the market for satellite IoT...

Over 572m smart electricity meters to be installed in APAC in 2021-25

  A total of 572.3 million smart electricity meters are forecast to be deployed in China, India, Japan and South Korea during the 2021–2025 period, according to a new study by IoT research firm Berg Insight. At the end of 2019, the overall smart meter penetration...

Study forecasts surge in connected building automation systems in North America, Europe

  The installed base of connected building automation systems in Europe and North America is forecast to 34.4 million in 2024, compared to an estimated 20.5 million systems in 2019, according to a new research report from IoT analyst firm Berg Insight. Berg Insight estimates that...