Swiss IoT module maker u-blox is to phase out its loss-making cellular IoT business, the firm has said. The division has over 200 employees; jobs are expected to go with its closure. It made revenue of CHF 27 million ($29.6 …
berg insight
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Annual shipments of cellular IoT antennas, including both internal and external antennas, totalled 598 million units in 2023, and will spiral at a compound rate (CAGR) of 14.9 percent per annum in the period to 2028 to top 1.2 billion, …
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Smart cities – are they still a thing? Well, Berg Insight has issued a report that brings together various of the IoT ‘verticals’ that comprise various of the metropolitan monitoring solutions that tend to get designated as such, and concludes …
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The installed base of smart gas meters in Europe reached 55.9 million in 2023, according to analyst house Berg Insights. This is equivalent to a penetration rate of 45 percent, it said. The number will grow at a compound annual …
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There are 2,900 private LTE/5G networks across the world at the end of 2023, including trial and pilot deployments. So says Berg Insight, which calculates a quarter (700; 24 percent) are based on 5G, with close to half of these …
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Global revenues from cellular IoT networks increased 24 percent to reach €10.8 billion in 2022, calculates analyst firm Berg Insight. However they account for just two percent of total mobile revenues among the largest operator groups, it said, and are …
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Berg Insight said that Quectel, Fibocom, Sierra Wireless, Sunsea AIoT and Telit held a 69% share of the market in terms of revenues Revenues from shipments of IoT modules reached $5.9 billion last year, up 12% year-on-year, according to a …
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Note, this article follows directly from a previous post (January 24) – about why logistics is the hardest industry of all for the IoT market to crack; both are taken from a new editorial report on the state of IoT …
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The installed base of smart electricity meters in North America is forecast to grow at a compound annual growth rate (CAGR) of 4.8 percent during 2021-2027 to reach a total of 173.4 million units at the end of the period, …
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Berg said that the number of active fleet management systems in North America had reached 13.7 million at the end of last year The number of active fleet management systems deployed in commercial vehicle fleets in North America is …
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At the end of 2021, the EU + UK region had nearly 163 million smart electricity meters More than 56% of the electricity customers in European Union and the United Kingdom (the so-called EU27+3) had a smart meter at …
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New research from analyst house Berg Insight says the market for cellular IoT gateways and routers was worth $1.15 billion in 2021, with 4.5 million units shipped in the year, representing robust sales growth of 14 percent. Market demand has …
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The number of active IoT devices for cold chain tracking reached 4.1 million worldwide in 2021, according to Berg Insight. The calculation measures refrigerated cargo and cargo carrying units, including trailers, intermodal containers, rail freight wagons, air cargo containers, cargo …
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Luxembourg-based 5G IoT satellite operator OQ Technology has secured €13 million ($12.9 million) of new investment in a Series A funding round to develop its own tech solutions, acquire more spectrum, and expand its satellite constellation, the company has said. …
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Berg Insight reported that Iridium, Orbcomm, Inmarsat and Globalstar are currently the largest satellite IoT network operators The global satellite IoT subscriber base is forecast to reach 21.2 million units in 2026, up from 3.9 million units in 2021, …
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The research noted that only 2% of total IoT roaming connections will rely on 5G networks by 2027 The amount of data generated by roaming IoT connections globally is forecast to increase from 86 petabytes this year to 1,100 …
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The top ten mobile operators reported a combined active base of 1.8 billion cellular IoT subscribers at the end of 2021 The global number of cellular IoT subscribers increased by 22% during 2021 to reach 2.1 billion, according to …
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Analyst house Dell’Oro Group has adjusted down its near-term forecast for the private LTE and 5G market. It said its calculations show that radio access network (RAN) shipments and revenues are “again coming in below expectations, resulting in another markdown”. …
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The APAC smart electricity metering market will grow at a CAGR of 6.2% during the 2021-2027 period The smart electricity metering market in Asia-Pacific is expected to reach 1.1 billion units in 2027, up compared to 757.7 million in …
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Quectel, Fibocom, Sunsea AIoT, Thales and Telit, hold 68% of the cellular IoT modules market in terms of revenues last year European IoT analyst firm Berg Insight reported that annual shipments of cellular IoT modules reached 428 million units …
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This is the introduction to a new report on Industrial 5G Innovation – From Setting Standard to Becoming Standard. To read more, download the report here, or click on the image above; a webinar on the same topic is also …
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The total number of private LTE and 5G networks will increase to 13,500 installations globally by 2026, according to analyst group Berg Insight; this is a 10-fold increase, roughly, from a figure today of “more than” 1,000 private LTE deployments …
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Note, this article has been updated from the 27/10/21 version, which suggested 57% of electric meters in Europe will be connected to NB-IoT and LTE-M. This is wrong, the stated figure of 57% refers to electric meters connected via all …
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The number of satellite IoT subscribers will increase at a compound rate of 35.8 percent per year to reach 15.7 million in 2025, from around 3.4 million in 2020. Analyst firm Berg Insight, with a new research report, said the …
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A total of 572.3 million smart electricity meters are forecast to be deployed in China, India, Japan and South Korea during the 2021–2025 period, according to a new study by IoT research firm Berg Insight. At the end of …