Global IoT connectivity revenues continue to surge

According to a report by IoT market research firm Berg Insight, global IoT connectivity revenues are continuing to surge.

The researchers note that revenues increased by 24 percent in 2022 to reach $13.9B (£9.37B) in 2022. The decline in global Average Revenue Per User (ARPU) also decelerated and dropped by just one percent to €0.49 (£0.33).

IoT connectivity revenues typically account for around two percent of the total revenues for the largest mobile operator...

20 July 2023 | 4G

Berg Insight: Global cellular IoT connections grew 22% in 2021

Berg Insight says that global cellular IoT connections grew an impressive 22 percent in 2021.

According to the company’s analysts, global cellular IoT connections reached 2.1 billion last year.

No particular region stood out for growth. The major regional markets of China, Western Europe, and North America grew similarly during the year as the world recovered from the COVID-19 pandemic.

However, China continues to lead the way for cellular IoT...

18 July 2022 | 4G

Berg Insight claims 8.6M Europeans were using connected healthcare in 2021

Research from Berg Insight suggests 8.6 million Europeans were using connected healthcare solutions in 2021.

The figure relates to the end of 2021 and consists of traditional telecare, next-generation telecare, and telehealth solutions in EU27+3 countries.

“As lockdowns and quarantines were imposed all around the world, healthcare providers were motivated to adopt remote patient monitoring and telehealth solutions,” said Samuel Andersson, IoT Analyst at Berg...

1 June 2022 | Applications

Berg Insight: The number of remotely-monitored patients hit 45.6M in 2020

Research from Berg Insight suggests the number of remotely-monitored patients hit 45.6 million in 2020.

The IoT market research giant analysed the growing number of patients enrolled in mHealth care programs where connected devices were used as part of the regimen.

Adoption is currently being driven by sleep therapy, diabetes monitoring, and implantable cardiac rhythm management (CRM) devices.

ResMed and Philips are the two brands dominating the sleep therapy...

20 December 2021 | Applications

Installed fleet management systems in Europe to hit 22.5M by 2025

Research from Berg Insight suggests the installed base of fleet management systems in Europe will hit 22.5 million by 2025.

The analysts forecast a compound annual growth rate (CAGR) of 14.4 percent, showing the growing interest in systems for monitoring fleets.

Berg Insight estimates the current number of management systems deployed for commercial vehicle fleets in Europe to have reached 11.5 million at the end of 2020.

Webfleet Solutions is named as the...

19 November 2021 | Fleet Management

Embedded car telematics market to see 19% CAGR over the next 5 years

Embedded Telematics Vehicle

The number of telematics service subscribers using embedded systems is expected to grow at a compound annual growth rate (CAGR) of 19 percent from 133 million subscribers at the end of 2020 to 377 million by the end of 2026.

The latest research from IoT analyst firm Berg Insight, the report also forecasts that global shipments of embedded car OEM telematics systems will grow from 41 million to 77 million units in the same time period, which represents an attach rate of 91...

8 November 2021 | Applications

Berg Insight: Global satellite IoT subscriber base to hit 15.7M by 2025

Analysts from Berg Insight expect the global satellite IoT subscriber base to hit 15.7 million by 2025 after surpassing 3.4 million in 2020.

The researchers predict the number of subscribers will increase at the compound annual growth rate of 35.8 percent.

IoT devices continue to proliferate rapidly. Satellites aren’t heading into orbit at quite the same pace but launches have certainly increased in tempo as an increasing number of companies seek to secure their slice...

11 October 2021 | Enterprise

Berg Insight: Global cellular IoT connections grew 12% last year to reach 1.7B

Research from Berg Insight suggests the number of global cellular IoT connections continued to grow at a healthy pace last year.

An overall increase in the number of IoT connections is unsurprising over the past year as more people became accustomed to remote working and finding ways to make their home environments more productive and enjoyable. However, most home IoT connections aren’t cellular.

Berg Insight says the global number of cellular IoT subscribers increased...

2 August 2021 | Connected Vehicles

Berg Insight: Smart waste sensor market to grow 29.8% annually through 2025

Research from Berg Insight forecasts that rapid adoption of smart waste sensors will result in 29.8% annual growth through 2025.

Cities around the world are rapidly-adopting smart waste sensors to help manage resources, optimise collections, and reduce cases of unsightly (and often smelly) overflowing bins.

The wireless sensors are increasingly being pre-integrated into waste bins but existing units can also be retrofitted. By 2025, the number of smart bins is expected...

15 June 2021 | IoT