The global installed base of airport asset tracking systems will reach 0.5 million units by 2024
Berg Insight has found that the global installed base of active airport asset tracking systems was over 0.2 million units in 2019. This includes all airport asset tracking systems deployed for various motorised ground support equipment (GSE), non-motorised equipment (NME) as well as other applicable airport assets such as on-road vehicles used in airport environments. Growing at a compound annual growth rate (CAGR) of 15.4 percent, the active installed base is estimated to reach close to 0.5 million units worldwide in 2024. The current crisis in the aviation industry due to the COVID-19 pandemic will likely also slow down the airport asset tracking market in the short-term. Berg Insight nevertheless anticipates increasing uptake of airport asset tracking during the forecast period driven by a number of trends related to technological advancements, collaboration and innovation among the solution providers and their prospective customers. “The airport asset tracking market is served by a number of different types of players, ranging from specialists focused exclusively on tracking and management solutions for specific airport assets, to companies that offer a more comprehensive set of solutions for the aviation sector, and more general telematics players that also serve other industries”, said Rickard Andersson, Principal Analyst, Berg Insight. Berg Insight ranks Undagrid (GSEtrack), Quantum Aviation Solutions, Resonate MP4 (XOPS) and ADVEEZ as the leading vendors of airport asset tracking solutions in terms of installed base. Undagrid and Quantum have installed bases exceeding 10,000 active units each. “Additional major players include Targa Telematics and Sensolus, which have both partnered with the GSE rental company TCR Group, as well as INFORM, Pinnacle and Smarter Asset Management”, continued Mr. Andersson. He adds that Pinnacle (iMATS) has notably partnered with Honeywell which has signed a major agreement with Swissport to deploy ground handling services jointly developed with Pinnacle. Smarter Asset Management (SAM) has in turn signed a global contract with Menzies Aviation to roll out telematics. “Other players active in the airport asset tracking space include Litum IoT, EC2E, DigiMobi, Inseego, Tri-Logical Technologies, Transpoco, Katlyn International, Speedshield Technologies, SpaceTeam, Geotab and the Ortus Group, all having installed bases of at least 1,000 units each”, concluded Mr. Andersson.

The installed base of connected vending machines worldwide to reach 8.9 million by 2024
Berg Insight, the leading IoT market research provider, today released a new market report covering the connected vending machine market. The global installed base of connected vending machines reached an estimated 4.2 million units in 2019. North America represents the largest share of around 2.0 million of these machines, whereas the corresponding number for the European market is 1.1 million. The number of connected vending machines in other parts of the world totalled an estimated 1.1 million units at the end of 2019, mainly in Japan, China and Australia. Berg Insight forecasts that the number of connected machines worldwide will grow at a compound annual growth rate (CAGR) of 16.3 percent to reach 8.9 million units by 2024. As a result, the global penetration rate will reach 52.0 percent at the end of the forecast period. The global connected vending solution market is served by a variety of players. Many of the leading providers are specialised technology companies offering connected vending telemetry and cashless payment solutions. “USA Technologies is following the acquisition of Cantaloupe Systems in 2017 clearly number one in terms of the installed base and has now more than 1.0 million connected vending machines”, said Adam Bjorkman, IoT Analyst, Berg Insight. He adds that other leading technology suppliers include Crane Connectivity Solutions, Ingenico Group, Nayax and Televend (INTIS). Vianet Group, Vendon, MatiPay and InHand Networks are additional examples of technology players with relatively significant installed bases. “InHand Networks is an interesting case due to the prominent position in China”, continued Mr. Bjorkman. The number of vending machines in China has grown significantly in the last few years and Berg Insight expects the country to become a major player in the connected vending space. “Mobile payments and remote management of multimedia content are basically standard on the vending machines in China. Facial recognition technology is also a growing trend and enables pay-with-your-face functionality“, concluded Mr. Bjorkman.

The electronic offender monitoring market in Europe and North America to reach € 1.3 billion in 2023
Berg Insight, the leading IoT market research provider, today released new findings on the market for Electronic Monitoring (EM) of offenders. The number of participants in EM programmes on a daily basis amounted to around 39,000 people in Europe and around 231,000 people in North America in 2019. The market value for EM including equipment, software and services in Europe was about € 190 million in 2019. Growing at a compound annual growth rate (CAGR) of 9 percent, this number is expected to reach € 270 million by 2023. The North American market for EM is forecasted to grow at a CAGR of 9 percent from US$ 850 million in 2019 to close to US$ 1.2 billion in 2023. The aim of EM programmes is to increase offender accountability, reduce recidivism rates and enhance public safety by providing an additional tool to traditional methods of community supervision. Policy makers, corrections authorities and private sector service providers also advocate for extended EM programmes to reduce total correctional system costs and reduce the prison population. Prison overcrowding is a major problem in many countries, especially in the US which has the largest prison population and prison population rate in the world. Even though EM programmes have been in use for more than a decade in most countries, the usage remains relatively low in the European and North American correctional systems. There are two major technologies used in electronic monitoring programmes – RF and GPS. In North America, around 75 percent of the devices used are based on GPS and cellular technology. In Europe, RF is the dominant technology and GPS-based systems account for a mere 5 percent of all systems used. Attenti is among the few EM providers with a truly global presence. The company is the world’s largest provider of EM equipment and the company holds a significant market share on both the European and North American markets. G4S is the world’s largest security service company and is a leading provider of EM equipment on the European market. BI Incorporated, a subsidiary of GEO Group, is the largest provider of EM equipment and services on the North American market. Additional leading solution providers in North America and Europe include Track Group, Securus Monitoring Solutions, Alcohol Monitoring Systems, Sierra Wireless, Sentinel Offender Services, Geosatis and Comp. In recent years, the leading providers of EM solutions have focused on developing advanced software and analytical tools to help officers prioritize and manage alerts more effectively. “The time spent analysing each offender can be reduced significantly with the use of improved software” says Martin Backman, IoT Analyst at Berg Insight. The latest solutions released on the market also have extended functionalities. “Offender monitoring systems today can not only provide offenders’ real-time location but also analyse behavioural and travel patterns which can be used to identify and prioritize high-risk offenders”, concludes Mr. Backman.

The number of monitored lone workers in Europe and North America to reach 2.2 million in 2023
According to a new research report from the analyst firm Berg Insight, the market for lone worker protection solutions and services in Europe and North America is forecasted to grow from € 154 million in 2019, to reach € 284 million in 2023. The number of users of dedicated lone worker safety devices based on GPS and cellular technology on the European market is estimated to grow from 645,000 users in 2019 to reach 1.1 million users at the end of 2023. In North America, the number of such users is estimated to grow from 205,000 in 2019, to reach 380,000 at the end of 2023. In Europe, app-based solutions are estimated to account for around 25 percent of all solutions, while in North America more than 40 percent of the solutions are based on apps for smartphones and tablets. In both regions, app-based solutions are forecasted to account for an increasing share of lone worker safety solutions in the coming years. The lone worker safety market is led by a handful of specialist companies based in the UK and Canada, where legislation specifically addressing the safety of lone workers has fostered growth. SoloProtect and Send For Help Group have grown to become two of the world’s largest providers of lone worker safety solutions and services. Send For Help Group mainly serves the UK market and operates under the three subsidiaries Peoplesafe, Skyguard and Guardian24. SoloProtect is active in the US, Canada and other parts of Europe in addition to its main UK market. Both SoloProtect and Send For Help Group, also operate their own alarm receiving centre (ARC). Additional companies with notable market shares in the UK include Lone Worker Solutions, Reliance High-Tech, Orbis Protect and Safe Apps. In Canada, the main providers of safety devices and services for lone workers are Blackline Safety, Tsunami Solutions, Roadpost and Aware360. Blackline Safety is known for developing technologically advanced safety devices for lone workers using both cellular and satellite communications technology. The market drivers for lone worker safety solutions includes occupational safety regulations, increasing employee insurance costs and higher awareness of risks associated with lone working. The number of individuals working alone is also expected to grow as businesses strive for increased efficiency. A job previously performed by two persons or more is now being done by a single worker. “Traditionally, lone workers exposed to the highest social or environmental risks have been found in industries such as security services, social care, field services and in heavy industries such as oil & gas and construction” says Martin Backman, IoT Analyst at Berg Insight. He adds that companies in other industries are now also starting to see the benefits of these services. “There is now an increasing demand for lone worker safety services from workers in retail, financial services, education and more, which fuels market growth”, concludes Mr. Backman.

The public transport ITS market in Europe and North America to reach € 3.7 billion by 2023
Berg Insight, the world’s leading M2M/IoT market research provider, today released new findings about the market for Intelligent Transport Systems (ITS). The market value for ITS deployed in public transport operations in Europe was € 1.56 billion in 2018. Growing at a compound annual growth rate (CAGR) of 6.8 percent, this number is expected to reach € 2.16 billion by 2023. The North American market for public transport ITS is similarly forecasted to grow at a CAGR of 7.3 percent from € 1.07 billion in 2018 to reach € 1.52 billion in 2023. Berg Insight is of the opinion that the market for ITS in public transport is in a growth phase which will continue throughout the forecast period. A growing awareness among public transport providers of the various benefits of ITS along with increasing demands from travellers for convenience and accessible real-time information contribute to a positive market situation. A group of international aftermarket solution providers have emerged as leaders on the market for public transport ITS. Major providers across Europe and North America include Canada-based Trapeze Group and Germany-based INIT with significant installed bases in both regions. Clever Devices and Conduent hold leading positions on the North American public transport ITS market. The former is about to expand into Europe, while the latter also is an international provider of fare collection systems. Additional companies with notable market shares in North America include Cubic Transportation Systems and Avail Technologies. Examples of major vendors on national markets in Europe include ENGIE Ineo and RATP Smart Systems which hold leading positions in France and IVU which is an important player primarily in the German-speaking part of Europe. Vix Technology, Flowbird and Ticketer are moreover major providers on the UK market. Other significant players include the Spanish groups GMV, Indra and Grupo ETRA, French Thales, Atron in Germany, Scandinavian FARA and Consat Telematics, and the Austria-based companies Swarco and Kontron Transportation. Volvo Group is moreover a notable player from the vehicle OEM segment. “The penetration rate of on-board computers featuring GPS location functionality and wireless communications is now at very high levels in both North America and Western Europe”, said Adam Bjorkman, IoT Analyst, Berg Insight. The Mediterranean countries and Eastern Europe are however still lagging. “ITS providers in Eastern Europe have had impressive growth in the last year, and as long as countries in the region continue to experience economic growth the demand for ITS solutions will further increase”, continued Mr. Bjorkman. He adds that in the mature markets with a high penetration rate, a clear trend is the increased demand for ITxPT labelled ITS solutions compatible with third-party systems. “The trend is especially evident in the Nordics where the general IT maturity is high and public transport providers often have experience from existing solutions”, concluded Mr. Bjorkman.

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