The secret to driving growth for mPOS and smart vending machines lies in wireless connectivity

The POS (point of sale) and vending equipment markets are forecast to grow hugely, due to increasing consumer demand and improved supporting technology including new fully featured yet cost-effective payment terminals. In fact, says Neset Yalcinkaya, VP of products / GM of NA R&D Centre at Quectel Wireless.

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Connected logistics market to hit $47.6bn valuation by 2029 backed by MaaS for fleet management

The global connected logistics market stands at a valuation of US$22.2 billion (€21.61 billion) in 2022 and is projected to reach $47.6 billion (€46.34 billion) by the end of 2029. Demand for connected logistics is estimated to increase at a compound annual growth rate (CAGR) of 11.5% over the forecast period (2022-2029).

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Mobile roaming revenues from consumer & IoT connections to reach $30bn in 2023, Says Kaleido

London, 13 July 2022 – New research from roaming analyst firm Kaleido Intelligence forecasts that total retail and wholesale roaming revenues from consumer and IoT mobile connections will exceed pre-COVID levels in 2023, reaching $30 billion (€29.81 billion) in value.

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Asia-Pacific is on its way to reach the milestone of 1bn smart electricity meters in 2026

Gothenburg, Sweden. 1 July 2022 – The smart electricity metering market in Asia-Pacific is well on its way to reach the historic milestone of 1 billion installed devices. A new research report from the IoT analyst firm Berg Insight analyses the development of smart metering technology in China, Japan, South Korea, India, Bangladesh, Indonesia, the

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Large enterprises propel the 5G Industrial IoT market SMEs to join the race soon, says FMI

The 5G Industrial IOT market revenues were estimated at US$890.0 million (€850.68 million) in 2021 and is anticipated to grow at a CAGR of 28.1% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach US$18.8 billion (€17.97 billion). 5G Industrial IOT revenue

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Berg Insight ranks leaders in vehicle telematics hardware market

Gothenburg, Sweden. 16 June 2022 – Berg Insight, an IoT market research provider, released new findings about the vehicle telematics hardware market. Close to 42.0 million aftermarket telematics devices were shipped globally during 2021, a market valued at approximately €2.2 billion.

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Berg Insight says 8.6mn Europeans used connected care solutions in 2021

Gothenburg, Sweden. 1 June 2022 – Berg Insight has found in its latest research that around 8.6 million people in Europe were using connected care solutions at the end of 2021. The figure refers to users of traditional telecare, next-generation telecare and telehealth solutions in the EU27+3 countries. Until 2027, Berg Insight forecasts that the

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The number of active consumer asset tracking devices in Europe and North America to reach 28 million in 2026

Gothenburg, Sweden. 25 May 2022 – According to a new research report from the IoT analyst firm Berg Insight, the number active consumer asset tracking devices in Europe and North America reached 11.2 million at the end of 2021. Growing at a CAGR of 20.4% the active installed base is estimated to reach 28.3 million

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Our connected future: Smart building market & predictions

Increasing government initiatives, growing energy concerns, consumer demands, and various environmental, social and governance (ESG) factors are driving the growth of the smart building market, which is expected to register a compound annual growth rate (CAGR) of over 23% between the period of 2020 – 2025.

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IoT in healthcare is expected to flourish at nearly 18.0% CAGR

According to Future Market Insights, the worldwide IoT in Healthcare market is expected to reach US$181.4 billion (€172.29 billion) in 2022, growing at an 18.0% CAGR to US$952.3 billion (€904.49 billion) by 2032 over the forecast period. Furthermore, a dollar opportunity worth US$770.9 billion (€732.20 billion) is anticipated for the market in the forthcoming decade.

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Cellular IoT MVNOs to manage 670mn connections by 2026

London, UK. 26 April 2022 – Kaleido Intelligence, a connectivity market intelligence and consulting firm, has found that cellular IoT connections managed by MVNOs will reach 670 million in 2026, growing at a CAGR of 24% between 2022 and 2026. Notably, with many IoT MVNOs now specialising in eSIM solutions, Kaleido predicts that eSIM connection growth

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ML & deep learning technology to flourish at a 5.7% CAGR in the global AI in IoT market

The global market for AI in IoT is estimated at US$ 6.2 Billion (€5.69 billion) in 2022 and is projected to reach US$ 142.4 Billion (€130.59 billion) by 2032. The market is expected to reach a CAGR of 6.2% during the forecast period from 2022 to 2032. This market is projected to grow steadily over

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Industrial IoT market to reach US$1.3tn by 2032: Market expected to grow at 12.2% CAGR, says FMI

The industrial Internet of Things (IoT) market is projected to reach a valuation of US$1.3 trillion (€1.20 trillion) by 2032, advancing at a compound annual growth rate (CAGR) of 12.2% throughout the forecast period.

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The installed base of fleet management systems to reach 31mn units by 2025

Gothenburg, Sweden. 22 October 2021 – According to a new report from the IoT market research provider Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 12.3 million at the end of 2020. Growing at a compound annual growth rate (CAGR) of 14.0%, this number is

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How IoT security translates from buzzword to opportunity

More and more companies looking for turnkey managed solutions for their IoT technologies, to not only secure their applications but also comply with data security regulations, says Adam Weinberg, co-founder & CTO, FirstPoint Mobile Guard.

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Smart transportation market is predicted to grow as enabling 5G network & COVID-19 impact

The global smart transportation market was valued at US$57.9 billion (€49.50 billion) in 2018 and is expected to reach US$191.3 billion (€163.55 billion) in 2026, growing at a CAGR of 16.4% during the forecast period. Rising population demands, increased safety and convenience, are some of major benefits offered by smart transportation which are driving the growth of the smart transportation market globally. 

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