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2020-09-15
IoT managed service providers connect more than 50 million cellular devices
A new report from the IoT market research firm Berg Insight says that IoT managed service providers have more than 50 million IoT subscribers worldwide. In Europe and North America, these players hold a combined market share of 15–20 percent. Most IoT managed service providers operate as full MVNOs using their own core networks and platforms featuring connectivity management controls and other value-added services. A key differentiator for IoT managed service providers is the ability to aggregate multiple wireless wide area networks and thus provide superior area coverage, multi-domestic footprints and multi-technology connectivity on a single platform. Aeris and KORE Wireless have consolidated their positions as leading players in North America, with 14 million and 13 million cellular IoT subscribers respectively at the end of 2019. Sierra Wireless has established a trans-Atlantic subscriber base with 3.6 million IoT connections in both Europe and North America. In Europe, Wireless Logic is the largest IoT managed service provider with about 3.5 million subscribers. The company is systematically expanding its regional presence through a combination of strategic acquisitions and organic growth. 1NCE has grown rapidly to become the runner up in Europe since its launch in 2018, providing cellular IoT connectivity to about 3 million devices at the end of 2019. Additional IoT managed service providers are Cubic Telecom, BICS, Arm, Transatel and Eseye having between 2–3 million cellular IoT subscribers each. “IoT managed service providers play an increasingly important role in the fast-growing international connectivity segment“, says Fredrik Stalbrand, Senior Analyst at Berg Insight. Several IoT managed service providers are leading the commercialisation of advanced SIM solutions, based on eUICCs and multi-IMSI SIMs or a combination of the two. “These solutions offer an alternative to the roaming model, enabling devices to automatically connect to a local cellular network”, Mr. Stalbrand concludes.

2020-09-09
The installed base of cellular IoT devices in the retail industry to reach 116.6 million by 2024
The number of cellular IoT connections in the retail industry reached 72.4 million worldwide in 2019, according to a new research report from Berg Insight. Cellular IoT technology enables devices such as POS terminals, ATMs, digital signs and ticketing machines to be used at new locations where fixed line connectivity is unavailable or impractical. The technology has a more transformational effect on markets such as vending and parking, where machine operators need to reorganize their operations in order to benefit from the availability of real-time information. Berg Insight forecasts that the number of cellular IoT connections in the global retail industry will grow at a compound annual growth rate (CAGR) of 10.0 percent during the next five years to reach 116.6 million connections in 2024. Shipments of cellular IoT devices for retail applications will at the same time increase at a CAGR of 6.1 percent from 31.6 million units in 2019 to 42.4 million units in 2024. POS terminals constitute the largest device segment and accounted for 91 percent of all cellular IoT connections in the retail industry at the end of 2019. The market for wirelessly connected POS terminals is however relatively mature, and most of the market growth is driven by the increasing use of electronic payments in emerging markets. “The multi-space parking meter segment was one of the first vertical markets to embrace cellular IoT connectivity and has today reached the highest connectivity penetration of 60 percent”, said Johan Fagerberg, Principal Analyst, Berg Insight. In recent years, cellular connectivity has also found its way into the single-space parking meters market, which has become one of the fastest growing segments. Berg Insight expects that the vending machine segment will present a major opportunity for wireless connectivity in the long term. “Today only 4.2 million of the world’s 15.0 million vending machines are online. Every vending machine will eventually be connected, but costs for the wireless IoT hardware and subscriptions still need to come down further before this vision becomes reality”, Mr Fagerberg concludes.

2020-09-03
The number of connected EV charging points in Europe and North America to reach 4.4 million by 2024
Berg Insight today released new findings about the market for electric vehicle charging infrastructure in Europe and North America. The number of connected EV charging points in Europe and North America reached an estimated 0.9 million units in 2019. Europe represents the largest share of around 0.6 million of these charging points, corresponding to a connectivity penetration rate of 46 percent. In North America, about 0.3 million of the total number of charging points were connected, equivalent to a connectivity penetration rate of 35 percent. Growing at a compound annual growth rate (CAGR) of 38 percent, the number of connected charging points in the two regions is expected to reach 4.4 million in 2024. The connected EV charging station market is served by a variety of players. The type of companies offering backoffice software platforms for charging stations include dedicated charging station management software providers and hardware providers. A number of charge point operators (CPOs) have developed their backoffice platforms in-house, which in some cases are offered as white-label solutions to other CPOs as well. In North America, ChargePoint is a clear leader in terms of connected charging points. Additional companies having a notable number of connected charging stations on their platform in the region include AddEnergie, SemaConnect, EV Connect, Blink Charging and Greenlots (Shell Group). ChargePoint and Enel X further account for the majority of the connected home chargers in the region. Examples of vendors having a significant number of connected charging points in Europe include NewMotion (Shell Group), EVBox (Engie), Virta, Has-to-be, Greenflux, Last Mile Solutions and Driivz. The Nordic hardware providers CTEK and Zaptec also have large numbers of connected charging points. Additional notable players in Europe include Vattenfall, Innogy, Allego and Fortum. “The integration of communications equipment in EV charging stations can improve the delivered service and operations in a multitude of ways”, said Adam Bjorkman, IoT Analyst, Berg Insight. Charge point operators can remotely monitor and manage the charging stations and electric vehicle drivers can at the same time locate chargers, monitor charging availability and manage payments using a smartphone app. “The number of connected charging points has in the last year grown significantly, and as long as the electric vehicle fleet continues to grow rapidly the demand for connected charging stations will be steady”, continued Mr. Bjorkman. He adds that most of the connected charging points in Europe and North America are either in public or semi-public applications. “The number of connected home charging stations is still relatively limited in both regions, but expected to increase in parallel to the general trend of our homes becoming smarter”, concluded Mr. Bjorkman.

2020-07-24
Berg Insight says top ten mobile operators have 85 percent market share in cellular IoT
A new report from the IoT market research firm Berg Insight says that the global number of cellular IoT subscribers increased by 40 percent during 2019 to reach 1.56 billion. Growth was driven by strong uptake across the main markets for IoT solutions comprising China, North America and Western Europe. Due to the global COVID-19 pandemic, the growth in IoT connections is anticipated to be halved in 2020 compared to the previous year. By 2024, Berg Insight now projects that there will be 4.15 billion IoT devices connected to cellular networks worldwide. The top ten mobile operators reported a combined active base of 1.33 billion cellular IoT connections at the end of 2019, accounting for 85 percent of total connections. China Mobile is the world’s largest provider of cellular IoT connectivity services with an estimated 683 million cellular IoT connections. China Unicom and China Telecom ranked second and third with 190 million and 157 million connections respectively. Vodafone ranked first among the Western operators and fourth overall with 97 million connections, followed by AT&T with 66 million in fifth place. Verizon, Deutsche Telekom and Telefónica had in the range 24–46 million cellular IoT connections. Orange and Telenor were the last players in the top ten with about 17 million and 16 million connections respectively. Year-on-year growth rates for the mentioned Western operators were in the span 10–30 percent. “Vodafone and AT&T are consolidating their positions as regional market leaders in Europe and North America respectively, serving multinational clients on a global basis”, says Fredrik Stalbrand, Senior Analyst at Berg Insight. The two operators hold a strong position in the automotive OEM segment and are longstanding partners in the space, working together to provide a consistent service for joint customers. In terms of revenues, IoT connectivity services still account for around 1 percent of total revenues for most operator groups. Berg Insight’s analysis of the IoT business KPIs released by mobile operators in different parts of the world suggests that global IoT connectivity revenues increased by around 17 percent during 2019, while the monthly APRU dropped by 23 percent. “Mobile operators looking to increase IoT revenues increasingly focus on adding cloud services and security capabilities on top of their connectivity offering to capture a larger share of the market”, concludes Mr. Stalbrand.

2020-07-20
Europe and North America reached 27.5 million active insurance telematics policies in 2019
According to a new research report from the IoT analyst firm Berg Insight, the number of insurance telematics policies in force on the European market reached 12.8 million in Q4-2019. Growing at a compound annual growth rate (CAGR) of 28.2 percent, this number is expected to reach 44.5 million by 2024. In North America, the number of insurance telematics policies in force is expected to grow at a CAGR of 29.6 percent from 14.7 million in Q4-2019 to reach 53.6 million in 2024. The US, Italy, the UK and Canada are still the largest markets in terms of insurance telematics policies. In North America, the market is dominated by US-based Progressive, Allstate, Liberty Mutual, Nationwide and State Farm as well as Intact Financial Corporation and Desjardins in Canada. The Italian insurers UnipolSai and Generali together accounted for 50 percent of the telematics-enabled policies in Europe. Insurers with a strong adoption in the UK moreover include Admiral Group and Direct Line. The European insurance telematics market is largely dominated by aftermarket blackboxes while self-install OBD devices and mobile applications represent the vast majority of the active policies in North America. Berg Insight expects in the next years a rapid increase in the uptake of smartphone-based solutions in all markets as well as an increase in the use of OEM telematics data in insurance telematics programs. The insurance telematics value chain spans multiple industries including a large ecosystem of companies extending far beyond the insurance industry players. “Automotive OEMs such as General Motors, Honda, BMW, Daimler, Hyundai, Toyota and PSA Group now show an increasing interest in insurance telematics”, said Martin Svegander, Senior Analyst at Berg Insight. Players such as LexisNexis Risk Solutions, Verisk and CCC Information Services partner with OEMs and normalise connected car data in telematics exchanges which enables insurers to utilise telematics data from a vast range of sources as long as the policyholders agree to share their driving data. Notable aftermarket telematics service providers with a focus on insurance telematics include Octo Telematics that has a dominant market share and more than 6.0 million devices in insurance telematics programs and other end-to-end solution providers such as Vodafone Automotive, Viasat Group, Targa Telematics, IMS and The Floow are also important players on the insurance telematics market. “Smartphone-based insurance telematics solutions are now offered on a broad scale in both Europe and North America”, continued Mr Svegander. Cambridge Mobile Telematics is becoming a market leader in this segment of insurance telematics and powers more than 6.0 million insurance telematics policies, mainly in the US. Other prominent vendors of smartphone-based insurance telematics solutions include TrueMotion and Arity (subsidiary of Allstate). “The uptake of smartphone-based insurance telematics policies is further fuelled by the COVID-19 pandemic situation. Insurers that have launched smartphone-based telematics products are at an advantage and can deploy UBI policies without installing telematics devices avoiding unnecessary human contact”, concluded Mr. Svegander.

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