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2019-10-06
Berg Insight at CES 2020
Berg Insight will take part in CES in Las Vegas that is held January 7-10, 2020. There will be 3 analysts 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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2019-10-05
Berg Insight adds analyst to its team
We welcome our new colleague Adam Björkman to Berg Insight. Adam will work as an IoT analyst in our Gothenburg office.

2019-08-29
Monitored alarm systems in Europe and North America reached 46 million at the end of 2018
Berg Insight, the world’s leading M2M/IoT market research provider, today released new findings about the market for connected security applications. The number of monitored alarm systems in Europe is forecasted to grow from 15.6 million in 2018 at a compound annual growth rate (CAGR) of 3.6 percent to reach 18.6 million in 2023. In North America, the number of monitored alarm systems is forecasted to grow at a CAGR of 2.9 percent from 30.7 million at the end of 2018 to 35.4 million at the end of 2023. 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 emitting an alarm sound to alert the surroundings and scare off intruders. A more advanced type of local alarm is a self-monitoring alarm. 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. ADT is the leading provider of monitored alarm systems in North America. Vivint and Comcast are other players with well over a million monitored alarms. SimpliSafe and Brinks Home Security (Monitronics) are two other major actors on the very fragmented North American market. Verisure is the leading player on the European market, with monitored alarms in a dozen countries. The second largest player on the European market for residential home security systems is Sector Alarm which has strengthened its position in Norway and Sweden through several acquisitions. Securitas and G4S are both sizeable players, especially in the northern part of Europe. In the southern part of Europe, Prosegur and EPS are two dominant players. United Technologies Corporation, Stanley Black & Decker and Johnson Controls (acquired Tyco in 2016) are also important players active in both Europe and North America. There is still a significant growth potential for monitored small alarm systems, especially in Europe where the total penetration reached only 6.4 percent of all businesses and households at the end of 2018. “The penetration of monitored alarm systems in North America is much higher than in Europe and the corresponding figure in this region was 23.0 percent at the end of 2018”, says Martin Backman, IoT Analyst at Berg Insight. The traditional home alarm service providers are facing increasing competition from telcos, home automation companies and DIY security providers, which brings new innovative offerings to the market. “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 smart plugs, locks, cameras, lighting and thermostat control”, concludes Mr Backman.

2019-08-20
The installed base of aftermarket car telematics devices will reach 150.0 million at year-end 2023
According to a new research report from the IoT analyst firm Berg Insight, the number of active aftermarket car telematics units will grow at a compound annual growth rate (CAGR) of 20.6 percent from 58.7 million at the end of 2018 to 150.0 million at the end of 2023. Berg Insight’s definition of an aftermarket car telematics solution in this report comprises both cellular/GNSS and RF-based solutions. A growing number of aftermarket telematics services have in the past few years become available for consumers that want to add services and connectivity to cars. Berg Insight forecasts that shipments of aftermarket car telematics devices for consumer applications will grow from 20.3 million units in 2018 to reach 51.0 million in 2023. ”Aftermarket car telematics solutions are useful in a number of application areas including stolen vehicle tracking and recovery (SVT/SVR), vehicle diagnostics, Wi-Fi hotspot, convenience applications and usage-based insurance”, said Martin Svegander, IoT Analyst at Berg Insight. Vehicle diagnostics allows service providers such as dealers and workshops to improve service offerings to car owners. Dealers and finance companies can moreover leverage telematics for internal fleet management and manage the customer lifetime value. Examples of convenience applications enabled by aftermarket telematics devices include remote control of certain vehicle functions such as door lock/unlock and finding the last parking position. Aftermarket car telematics services are offered by a wide range of players. Examples of leading telematics companies selling services via third parties or directly to consumers include Octo Telematics, Spireon, Ituran, Mojio, Scope Technology, Automatic Labs (SiriusXM), CalAmp (LoJack), Bright Box, Viasat Group and Vodafone Automotive. “Distributing services and products through third parties is the most common way to market for aftermarket car telematics solution vendors”, continued Mr. Svegander. Important sales channels include insurance companies, dealers, mobile network operators and online retailers. Some solution vendors also market their products on their own websites and through telemarketing. The connected car market is highly important for mobile network operators that bet on the Internet-of-Things market. Many mobile network operators have started to explore the aftermarket car telematics opportunity and they are well-positioned to provide such services. “Mobile network operators can accelerate sales by targeting their existing customer base as well as leverage an ecosystem of partners to pursue data monetization opportunities for their installed base of car telematics solutions”, added Mr. Svegander.

2019-08-19
Berg Insight is hiring
We are expanding our office in Gothenburg and are looking for two additional analysts. Find out more about the available positions on the link below.
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