Berg Insight News
A new research report from the IoT analyst firm Berg Insight says that annual shipments of wireless devices for industrial automation applications reached 10.7 million units worldwide in 2023, accounting for approximately 9 percent of all new connected nodes. Growing at a compound annual growth rate (CAGR) of 12.3 percent, annual shipments are expected to reach 19.1 million by 2028. The installed base of wireless devices in industrial automation reached at the same time 56.5 million in 2023. W...
The smart electricity metering market in Asia-Pacific is inching ever closer to the historic milestone of 1 billion installed smart meter devices. The latest research report from the IoT analyst firm Berg Insight analyses the development of smart metering technology in China, Japan, South Korea, Taiwan, India, Bangladesh, Indonesia, the Philippines, Thailand, Vietnam, Australia and New Zealand. According to the study, the installed base of smart electricity meters in Asia-Pacific will grow at a...
According to a new report from the IoT analyst firm Berg Insight, the installed base of smart gas meters in Europe amounted to 55.9 million in 2023, equivalent to a penetration rate of 45 percent. The installed base is forecasted to grow at a CAGR of 6.8 percent between 2023 and 2028, reaching 77.6 million units at the end of the period. Annual shipment volumes amounted to 4.8 million units in 2023 and are expected to be around 5.0–5.8 million throughout the forecast period. The UK, I...
Between February 27th and 29th, over 17,000 professionals attended this year's DistribuTECH in Orlando, Florida. While AI generated significant buzz during the keynotes, energy remained the predominant topic on the exhibition floor. With more than 600 companies showcasing their products and solutions, the conference provided valuable insights into the future of the utility sector in this region. Private LTE networks for utilities Implementing a private LTE network offers utilities nume...
The recently concluded 2023 edition of ENLIT was held in Paris from November 28–30. Boasting 700 exhibitors and welcoming over 14,000 attendees, this conference has solidified its position as one of Europe's largest gatherings for industry professionals. 8 featured zones and pavilions This dynamic platform facilitates crucial discussions on the pressing energy challenges facing not only Europe but the entire world. The 8 featured zones and pavilions – Country Pavilions, EU P...
The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 14.8 million at the end of 2022, according to a new research report from the IoT analyst firm - Berg Insight. Growing at a compound annual growth rate (CAGR) of 12.4 percent, this number is expected to reach 26.5 million by 2027. The top-38 vendors have today more than 100,000 active units in Europe. Berg Insight ranks Targa Telematics as the largest player in terms of active installed base with ar...
The global installed base of active remote tank monitoring (RTM) solutions reached 7.7 million units at the end of 2022, according to a new research report from the IoT analyst firm - Berg Insight. Growing at a compound annual growth rate (CAGR) of 25.0 percent, the active installed base is estimated to reach 23.5 million units worldwide in 2027. Berg Insight estimates that the European market accounted for more than 1.8 million active RTM systems at the end of 2022. The North American market i...
Berg Insight, the world’s pioneering IoT market research provider, released a new market report covering the Home Energy Management Systems (HEMS) market. In this study, a HEMS is defined as a system that at minimum consists of a solar PV system, battery storage system, and a web-based management portal or smartphone app that allows for remote monitoring and control of the system. A wider HEMS also integrates backup generators, EV chargers, heat pumps, home appliances, and other conne...
Johnson Controls, the globally renowned company for smart, healthy and sustainable buildings, showcased a complete range of smart home security, controls, and HVAC products, at the 2022 National Association of Home Builders (NAHB) International Builders’ Show, at booth W4283, from Feb. 8 to Feb. 10, 2022, at the Orange County Convention Center, in Orlando, Florida, USA. 2022 NAHB International Builders’ Show The Johnson Controls exhibit at the 2022 NAHB International Builders&rsquo...
