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Two-thirds of electricity meters in North America are now smart

Two-thirds of electricity meters in North America are now smart
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IoT News - Two thirds of all electricity meters in North America are now smart

IoT News - The number of smart homes in Europe and North America will reach 179 million in 2024

The most advanced smart home market is North America, having an installed base of 51.2 million smart homes at the end of the year. This represents a penetration rate of 35.6 percent. Between 2019 and 2020, the number of smart homes in North America grew by 18.7 percent year-on-year. The strong market growth is expected to continue in the next years. By 2024, Berg Insight estimates that close to 78 million homes in North America will be smart, meaning 53 percent of all homes in the region. The European market is still behind the North American, in terms of market penetration. There was a total of 51.4 million smart homes in Europe at the end of 2020. The installed base in the region is forecasted to exceed 100 million homes at the end of 2024, representing a market penetration of 42 percent. The Covid-19 pandemic has so far had a very limited negative effect on the smart home market in the two regions. While sales in brick-and-mortar stores declined, online sales instead surged. M

Off-highway vehicle telematics to hit 9m by 2024

Dec 28, 2020 Berg Insight estimates that the global installed base of active off-highway vehicle telematics systems reached 4.4 million units in 2019. This includes connected units deployed on various off-highway vehicles across the construction, mining, agriculture and forestry sectors. The construction sector accounts for the largest share, driven by OEM telematics systems offered by heavy equipment manufacturers. Agriculture and mining moreover each account for a similar number of connected units deployed on machines and vehicles used in agricultural and mining operations respectively. The remainder is represented by the forestry sector including telematics systems fitted to various forestry equipment. Growing at a compound annual growth rate (CAGR) of 15,4%, the active installed base of off-highway vehicle telematics systems is forecasted to reach 9-million units worldwide in 2024.

IoT News - The 450 largest cellular IoT deployments together account for 349 million units

Berg Insight presents today its annual database covering the 450 largest cellular IoT deployments identified as part of the company’s world-class IoT market research activities since 2004. The extensive list includes various types of projects and product categories deployed across all IoT verticals including OEM automotive, aftermarket automotive, transport & logistics, utilities, infrastructure, buildings & security, retail, industrial, consumer electronics, healthcare and other. The database includes project size and geographical distribution by the end of 2019 as well as a 5-year forecast for each individual project. “The projects included in the top-450 list together account for approximately 349 million active cellular IoT subscriptions”, said Rickard Andersson, Principal Analyst, Berg Insight.

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