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2016-02-11
The installed base of monitored alarm systems in Europe and North America reached 39 million at the end of 2015
According to a new research report by Berg Insight, the number of monitored alarm systems in Europe is forecasted to grow from 8.4 million in 2015 at a compound annual growth rate (CAGR) of 4.0 percent to reach 10.6 million in 2020. In North America, the number of monitored alarm systems is forecasted to grow at a CAGR of 3.0 percent from 31.0 million at the end of 2015 to 36.0 million at the end of 2020. Small alarm systems for businesses and private homes can be divided into two main categories – local alarms and monitored alarms. The simplest type of local alarm only reacts to activation by ringing bells to alert the surroundings and scare off intruders. A more advanced type of local alarm is a self-monitoring alarm. Upon activation, this type of alarm informs the owner of the premises by sending a text message or push notification. Monitored alarms are connected to an Alarm Receiving Centre (ARC) that can respond to an activated alarm by contacting the police or dispatching a security patrol. There is still a significant growth potential for monitored small alarm systems, especially in Europe where the total penetration reached only 3.5 percent of all businesses and households at the end of 2015. “The penetration of monitored alarm systems in North America is much higher than in Europe and the corresponding figure was in this region 21.0 percent at the end of 2015”, says André Malm, Senior Analyst at Berg Insight. Important drivers for increasing adoption of monitored alarm systems in the residential segment include economic development, the level of homeownership, as well as new home construction activity. However, the arguably most important factor for market growth is active marketing and sales led by specialist alarm service companies and new market entrants from the home automation industry. “Alarm systems are becoming more valuable for customers as the scope of offerings are being expanded to include detection of fire, carbon monoxide and water leaks, as well as home automation features such as lighting and thermostat control”, continues Mr Malm. “While home automation features are likely to bring additional value for customers and thus reduce churn rates, the willingness to pay additional monthly fees for these features among a broader customer base is yet uncertain”, concluded Mr Malm.

2016-02-01
Berg Insight at Mobile World Congress 2016
Berg Insight will take part in the event in Barcelona that is held February 22-25. There will be 4 representatives from Berg Insight at the event. Please contact us if you would like to take the opportunity to meet with us there. Click on the link below for more information about the event.
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2015-12-23
The installed base of fleet management systems in South Africa will reach 1.5 million units by 2020
According to a new research report from the analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in South Africa was 0.9 million in Q4-2015. Growing at a compound annual growth rate (CAGR) of 10.8 percent, this number is expected to reach 1.5 million by 2020. The market is dominated by a group of aftermarket telematics players including MiX Telematics, Cartrack, Altech Netstar, DigiCore (Ctrack) and Tracker which are all headquartered in South Africa and have installed bases of more than 100,000 fleet management units on the domestic market. Notably, these top-5 players together represent as much as two thirds of the total number of active fleet management systems in use in the country today. “South Africa is a relatively mature telematics market and the penetration is comparably high from an international perspective”, said Rickard Andersson, Senior Analyst, Berg Insight. He adds that the country is the home of a large number of telematics companies including renowned international players such as MiX Telematics and DigiCore. “Many of the local telematics solution providers have their roots in vehicle security applications. These telematics companies have in many cases extended their SVR offerings with additional functionalities for fleet management”, continued Mr. Andersson. Some industry players use the categorisation of light fleet management to distinguish low-end products from premium solutions. “Far from all deployments are thus full-scale advanced fleet management solutions, and a notable share of the installed fleet telematics systems on the South African market is represented by comparably low-end tracking systems combining stolen vehicle recovery with basic fleet management features”, concluded Mr. Andersson.

2015-12-22
Berg Insight is hiring
We are expanding our office in Gothenburg and are looking for some additional colleagues. Find out more about the available positions on the link below or find out ads on Linkedin.
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2015-12-21
Berg Insight predicts 1 billion cellular M2M subscribers by 2022
According to a new research report from the analyst firm Berg Insight, the global number of cellular M2M subscribers increased by 23 percent during 2015 to reach 265.2 million at the end of the year. East Asia was the largest regional market with 90.4 million M2M subscribers, followed by Western Europe and North America with 59.0 million and 52.5 million respectively. Over the next five years, the installed base of cellular M2M devices is projected to grow at a compound annual growth rate (CAGR) of 22.9 percent. “Our current view is that the 1 billion milestone for cellular M2M subscribers will be reached in 2022”, says Tobias Ryberg, Senior Analyst Berg Insight and author of the report. As the cellular M2M market continues to grow, it is starting to generate substantial revenues for leading telecom operator groups. Verizon and Vodafone reported quarterly M2M/IoT revenues in the range of € 150–200 million each in the first half of 2015 and could be on track to reach € 1 billion on an annual basis within a few years’ time. Both groups have substantial telematics businesses, originally established through acquisitions. Besides traditional connectivity and professional services, they generate a considerable share of their sales from automotive products, driver assistance services and connected automotive applications. One of the main trends highlighted by the report is the rapid transformation of the wireless M2M/IoT networking technology landscape. 2G networks are gradually taken out of service to be replaced by more efficient 4G technology. At the same time, new enhancements are being added to the LTE standard to better accommodate typical M2M use-cases with large numbers of devices and very low data requirements. In addition, the leading players in the mobile industry have reached a highly significant agreement to define a new global standard for low power wireless communication based on mobile network infrastructure. The new NB-IoT standard was accepted by the 3GPP in December 2015 and will be included in the 3GPP Release 13, due for publication in January 2016. Berg Insight believes that the initiative will become successful in establishing a global standard for lightweight IoT communication on public networks in the next 3–5 years.

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