The installed base of wireless IoT devices in the oil and gas industry reached 1.3 million in 2018
According to a new research report from the M2M/IoT analyst firm Berg Insight, the number of devices featuring cellular or satellite connectivity deployed in oil and gas applications amounted to 1.3 million at the end of 2018. Growing at a compound annual growth rate (CAGR) of 6.8 percent, this number is expected to reach 1.9 million units by 2023. Remote monitoring of tanks and industrial equipment in the midstream and downstream sectors comprise the most common applications for wireless solutions in the oil and gas industry. Berg Insight expects that shipments in the upstream sector will grow faster, although from a much smaller base, as cellular communications become an increasingly viable alternative to proprietary radio due to improved 4G LTE coverage in North America and broader support from the industry. While the market has been affected by the decrease in oil prices in recent years, significant developments have taken place in regard to the industry landscape and technological advances. Major automation vendors such as Emerson, Siemens, Schneider Electric, Yokogawa, Honeywell and ABB are investing heavily in the development of software platforms to support use cases surrounding predictive analytics and digital twins. Recent developments further include Rockwell Automation’s joint venture agreement with the major oilfield service company Schlumberger to create Sensia, an integrated automation solution provider in the oil and gas industry. On the communications side, several initiatives have been launched to promote the adoption of cellular technologies in the utilities industry, primarily in the US. In early 2019, leading cellular device providers, including Sierra Wireless, Cisco, MultiTech Systems, GE and Encore Networks together with spectrum licensees and utilities formed the Utility Broadband Alliance (UBBA) to advance the development of private LTE networks for critical infrastructure industries. Solutions for remote monitoring of assets such as wellheads, storage tanks and pipeline infrastructure are offered by major industrial automation vendors, as well as a large number of specialised providers. “Key consolidators in the market for remote monitoring solutions are the private equity held companies Quorum Software and DataOnline that have acquired six and three businesses respectively between 2015–2019”, said Fredrik Stalbrand, IoT Analyst, Berg Insight. He mentions recent deals such as Quorum’s acquisitions of the Coastal Flow Measurement family of companies and Flow-Cal in March 2019, as well as DataOnline’s purchase of Sierra Wireless’ iTank business in December 2018. Important vendors that specialise in remote SCADA and tank monitoring further include AIUT, Critical Control, eLynx Technologies, Silicon Controls, SkyBitz, WellAware, Zedi and ZTR Control Systems. “Several players continue to have inorganic growth as a key strategy, so further M&As can be expected among IIoT solution providers targeting the oil and gas industry in 2019–2020”, concluded Mr. Stalbrand.

The installed base of connected building automation devices will reach 483 million units worldwide in 2022
According to a new research report from IoT analyst firm Berg Insight, the installed base of sensors, actuators, modules, gateways and other connected devices deployed as part of IoT-based building automation in smart and connected commercial buildings was an estimated 151 million units worldwide at the end of 2018. Growing at a compound annual growth rate (CAGR) of 33 percent, the installed base will reach 483 million units in 2022. About 4.5 million of these devices were connected via cellular networks in 2018. The number of cellular connections in the building automation market will grow at a CAGR of 44 percent to reach 19.4 million in 2022. In terms of revenues, Berg Insight estimates that connected devices into the global BIoT market generated revenues of more than US$ 1.2 billion in 2018. This figure will grow at a CAGR of 21 percent to almost US$ 2.7 billion in 2022. This study from Berg Insight analyses the market for building automation in smart buildings along multiple verticals ranging from well-known ones such as heating, ventilation and air conditioning (HVAC), indoor lighting, fire & safety, access & security, to lesser known ones such as electric vehicle charging, irrigation systems and pool monitoring. The most successful building automation solutions to date, in terms of sold units, include access and security, fire and safety, HVAC systems and elevators and escalators management. These solutions are marketed by product OEMs such as Assa Abloy, Avigilon, AMAG Technology, HID Global, Comark, Tyco, Albireo Energy, Cimetrics, Delta Controls, ENGIE Insight, Silvair, KONE, Otis, Schindler and ThyssenKrupp. The automatic control may be done through a centralized system such as a Building Management System (BMS). Examples of BMS solution providers include ABB, Honeywell, Johnson Controls, Schneider Electric, Siemens and United Technologies. Building automation has been around for many decades but there is a new urgency due to factors such as energy conservation as well as mandates for green construction. The latest smart building solutions leverage new technologies such as IoT, big data, cloud computing, data analytics, deep learning and artificial intelligence for the benefits of saving energy, reducing operational expenditures, increasing occupancy comfort, and meeting increasingly stringent global regulations and sustainability standards. “A major change is starting to happen now especially in new construction, where the primary driver is changing from cost reduction to features that enhance the user experience and change how users and buildings interact. Instead of there being a single killer-app, we are starting to see a combination of use-cases”, said Alan Varghese, Senior IoT Analyst, Berg Insight. These use-cases leverage the Internet of Things, sensors and connectivity to enable customization of spaces in offices and conference rooms based on occupancy levels and occupant preferences, efficient mobility throughout the building, and they help occupants with location and wayfinding – all controllable by mobile platforms. Most important, they are capable of predictive awareness of individual needs.

Berg Insight says 17.3 million Europeans will use connected care solutions in 2024
According to a new research report from the IoT analyst firm Berg Insight, around 7.8 million people in Europe were using connected care solutions at the end of 2018. The figure refers to users of traditional telecare, next-generation telecare and telehealth solutions in the EU28+2 countries. Until 2024, Berg Insight forecasts that the number of connected care users will grow at a compound annual growth rate (CAGR) of 14.1 percent to reach 17.3 million. Traditional telecare is currently the largest and most mature of the three market segments, but the next-generation telecare and telehealth market segments are expected to have a higher growth rate in the next years. Berg Insight expects that traditional telecare will be overtaken by next-generation telecare as the largest segment with a forecasted 8.3 million users in 2024. However, traditional telecare will follow with 6.2 million users and telehealth with 5.6 million users at the end of the forecast period. The traditional telecare equipment market in Europe is highly consolidated. The two major players – Tunstall and Legrand – hold leading positions in nearly all markets even though they are challenged by local players such as Doro and TeleAlarm. The next-generation telecare market is on the other hand more fragmented. In addition to the leading telecare equipment vendors, companies active in the next-generation market include specialised providers such as Essence Group, Just Checking, Vitalbase and Vivago in activity monitoring; Everon, Libify, Oysta Technology, SmartLife Care and Smartwatcher in mobile telecare; and Evondos, Innospense and MediRätt in medication compliance monitoring. The telehealth market is similarly a fragmented market that is evolving quickly and includes both start-ups and well-established solution providers such as BodyTel, Capsule Technologies, Comarch, eDevice, Luscii, OpenTeleHealth and SHL Telemedicine. The European connected care industry is facing major changes that will reshape the competitive environment for solution vendors and service providers during the coming years. One of the main developments is the ongoing digitalisation of telephone networks around Europe. Large-scale replacements of telecare equipment will be needed as analogue devices do not function reliably on digitalised networks. At the same time, the market has seen new types of solutions that can advance the delivery of care to the next level. This includes next-generation telecare systems with new functions and more attractive design, as well as integrated solutions that enable a combined delivery of telecare and telehealth services. While the solutions are improving year-by-year, the adoption of next-generation telecare and telehealth solutions is still modest. “Connected care actors want to innovate and provide better solutions for people, but they are held back by the slow adoption in public care systems in Europe”, said Sebastian Hellström, IoT Analyst at Berg Insight. He adds that positive signs can be seen in countries such as Denmark, Norway, the Netherlands and the United Kingdom where insurers, legislators and national health systems have taken steps to implement next-generation telecare and telehealth solutions at a larger scale.

The global installed base of airport asset tracking systems will reach 0.4 million units in 2023
Berg Insight has found that that the global installed base of active airport asset tracking systems was less than 0.2 million units in 2018. 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 including on-road vehicles used in airport environments. Berg Insight anticipates increasing uptake of airport asset tracking in the coming years driven by a number of trends related to technological advancements, collaboration and innovation among the solution providers and its prospective customers. Growing at a compound annual growth rate (CAGR) of 17.1 percent, the active installed base is estimated to reach close to 0.4 million units worldwide in 2023. “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 and Resonate MP4 (XOPS) as the leading vendors of airport asset tracking solutions in terms of installed base. “Both Undagrid and Quantum have reached more than 10,000 active units”, continued Mr. Andersson. Additional major players include ADVEEZ, Targa Telematics and Pinnacle (iMATS). The latter has notably partnered with Honeywell which in late 2018 signed a major agreement with Swissport to deploy ground handling services jointly developed with Pinnacle. Targa Telematics has furthermore established a partnership with TCR Group which is also collaborating with Sensolus for non-motorised GSE tracking. “Additional players active in the airport asset tracking market for example include Litum IoT, DigiMobi, EC2E, INFORM, Inseego, Tri-Logical Technologies, Smarter Asset Management, Katlyn International, Speedshield Technologies and Geotab, all having installed bases of at least 1,000 units each”, concluded Mr. Andersson.

Berg Insight says remote patient monitoring revenues to reach € 46.1 billion in 2023
According to a new market report from Berg Insight, revenues for remote patient monitoring (RPM) solutions reached € 17.5 billion in 2018. This includes revenues from medical monitoring devices, mHealth connectivity solutions, care delivery platforms and mHealth care programs. RPM revenues are expected to grow at a compound annual growth rate (CAGR) of 21.4 percent until 2023, reaching € 46.1 billion at the end of the forecast period. Most of the revenues come from the sales of connected medical devices. New care delivery platforms shows the highest growth rate, with an expected CAGR of 53.1 percent during the forecast period. The new care models enabled by these technologies are often consistent with patients’ preferences of living more healthy, active and independent lives. Healthcare systems around the world are currently undergoing a major transformation to adopt value-based care – a care model that requires care solutions to be both cost-efficient and of high-quality. Healthcare industry players are responding to this by developing data-driven solutions to optimise healthcare. One example is the use of self-engagement apps that rely on behavioural analytics to coach patients in how to manage their conditions. This can include reminders to take medication, recommendations to handle certain symptoms and real-time adjustments of the treatment plan to address changes in the patient’s condition. Berg Insight believes that patient engagement apps are likely to become a standard practice in many chronic disease management programmes and that this will spur the adoption of mHealth solutions. Consumer-oriented mHealth devices of medical-grade standards are at the same time gaining traction on the market. During the last years, millions of consumers have connected medical monitoring devices via their smartphones to cloud platforms. “Payers and healthcare providers can take advantage of this trend, as consumers that already have started to use connected medical devices more easily can be onboarded onto new mHealth care programs”, says Sebastian Hellström, IoT analyst at Berg Insight. Similarly, medical researchers will have the possibility to collect data in volumes that have never been seen before. However, gaining access to patients’ data may also become more complicated than before. New regulations such as the General Data Protection Regulation give individuals more control over their personal data. “Previously, patients have barely been able to access their own health records. This is about to change and in a few years’ time it will become much easier for patients to not only view their data, but also suggest changes to it and even decide whom to share it with”, continues Mr. Hellström. Healthcare actors will have to make it attractive for patients to share their data. Those who do, may get access to rich information including everything from daily activity habits to ECG, blood pressure and blood sugar readings.

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