The public transport ITS market in Europe and North America to reach € 3.7 billion by 2023
Berg Insight, the world’s leading M2M/IoT market research provider, today released new findings about the market for Intelligent Transport Systems (ITS). The market value for ITS deployed in public transport operations in Europe was € 1.56 billion in 2018. Growing at a compound annual growth rate (CAGR) of 6.8 percent, this number is expected to reach € 2.16 billion by 2023. The North American market for public transport ITS is similarly forecasted to grow at a CAGR of 7.3 percent from € 1.07 billion in 2018 to reach € 1.52 billion in 2023. Berg Insight is of the opinion that the market for ITS in public transport is in a growth phase which will continue throughout the forecast period. A growing awareness among public transport providers of the various benefits of ITS along with increasing demands from travellers for convenience and accessible real-time information contribute to a positive market situation. A group of international aftermarket solution providers have emerged as leaders on the market for public transport ITS. Major providers across Europe and North America include Canada-based Trapeze Group and Germany-based INIT with significant installed bases in both regions. Clever Devices and Conduent hold leading positions on the North American public transport ITS market. The former is about to expand into Europe, while the latter also is an international provider of fare collection systems. Additional companies with notable market shares in North America include Cubic Transportation Systems and Avail Technologies. Examples of major vendors on national markets in Europe include ENGIE Ineo and RATP Smart Systems which hold leading positions in France and IVU which is an important player primarily in the German-speaking part of Europe. Vix Technology, Flowbird and Ticketer are moreover major providers on the UK market. Other significant players include the Spanish groups GMV, Indra and Grupo ETRA, French Thales, Atron in Germany, Scandinavian FARA and Consat Telematics, and the Austria-based companies Swarco and Kontron Transportation. Volvo Group is moreover a notable player from the vehicle OEM segment. “The penetration rate of on-board computers featuring GPS location functionality and wireless communications is now at very high levels in both North America and Western Europe”, said Adam Bjorkman, IoT Analyst, Berg Insight. The Mediterranean countries and Eastern Europe are however still lagging. “ITS providers in Eastern Europe have had impressive growth in the last year, and as long as countries in the region continue to experience economic growth the demand for ITS solutions will further increase”, continued Mr. Bjorkman. He adds that in the mature markets with a high penetration rate, a clear trend is the increased demand for ITxPT labelled ITS solutions compatible with third-party systems. “The trend is especially evident in the Nordics where the general IT maturity is high and public transport providers often have experience from existing solutions”, concluded Mr. Bjorkman.

The installed base of smart parking sensors reached 1.3 million units in 2019
Berg Insight, the world’s leading M2M/IoT market research provider, today released new findings about the smart parking market. The installed base of wirelessly connected in-ground and surface-mounted parking sensors reached 1.3 million worldwide in 2019. Growing at a compound annual growth rate (CAGR) of 19.9 percent, this number will more than double by 2023. Europe and North America together accounted for about half of the installed base, while the Chinese market accounted for the majority of the remainder. Prominent smart parking markets also include Australia and New Zealand as well as the Middle East to some extent. Overall, the private parking segment has been quicker than cities and municipalities to adopt smart parking technology and today accounts for the majority of the installed devices. The world’s leading smart parking sensor provider is the Netherlands-based security and identification solutions group Nedap, which had a global market share of 16.3 percent in Q3-2019. The top three also included Chinese Fangle Technology and French SmartGrains, which both have the majority of their installed bases in their respective domestic markets. Other significant vendors include the Australasian vendors Smart Parking and Frogparking, the European companies Onesitu, Urbiotica, Worldsensing, CommuniThings and Intercomp, as well as the North American vendors CivicSmart, PNI, Fybr, Nwave Technologies and Streetline. The top 10 vendors accounted for around 50 percent of the global installed base of smart parking sensors in Q3-2019. Only a handful of companies have yet managed to establish an international presence spanning two or more regions of the world. “The smart parking market is still struggling to overcome a skepticism caused by a number of technology failures in the early days of the industry, particularly in North America”, said Levi Ostling, IoT Analyst, Berg Insight. Although the technological issues have now been worked out and most sensors today offer high performance, growth has so far primarily been driven by the private parking segment. As more and more cities embark on larger-scale rollouts after having completed lengthy pilot projects, the share of on-street deployments will also increase as cities are the primary owners of such parking assets. While off-street parking deployments, which are characterized by high parking space densities, have been favorable to the use of RF networks, on-street deployments place higher demands on network coverage and long-range communications capabilities. “Although RF networks will continue to see robust growth in the off-street parking segment, LPWA technologies are expected to dominate on-street deployments”, continued Mr. Ostling.

The installed base of smart waste sensors to reach 1.5 million units worldwide in 2023
Berg Insight, the world’s leading M2M/IoT market research provider, today released new findings about the market for smart waste management. The installed base of smart waste sensors reached 379,000 worldwide in 2018. Growing at a compound annual growth rate (CAGR) of 30.8 percent, this number will increase to 1.5 million in 2023. These wirelessly connected fill-level sensors can either be pre-integrated into waste bins and containers or retrofitted into existing ones. Europe accounts for more than 50 percent of the installed base. Markets such as the Benelux, France, the UK, Spain and the Nordics have seen particularly positive market developments. The smart waste management market in North America is less developed in comparison to the European market and had an installed base of 85,000 smart waste sensors in 2018. The Rest of World market will have the highest growth of 36.5 percent and reach nearly half a million installed sensors by 2023. The world’s leading smart waste sensor technology vendor in Q3-2019 was the US-based smart bin provider Bigbelly, which had a global market share of 13.3 percent. Finnish Enevo and Chinese Dingtek Technology shared second place. Enevo is a leading player in Europe and North America while Dingtek has a strong position on its domestic market. Other important smart waste sensor technology vendors include European companies such as BH Technologies, the SUEZ subsidiary SigrenEa, Waste Vision, Sensoneo, SAYME, FarSite Communications, Nordsense, EMZ Environmental Technology; Compology and OnePlus Systems from the US; Evreka from Turkey and Ecube Labs from South Korea. The top ten vendors accounted for more than 60 percent of the global installed base of smart waste sensors. Many vendors have chosen to focus on specific customer segments such as public litter bins, commercial waste containers or textile recycling banks. “The interest in smart waste sensor technology has increased significantly over the past 18 months and is now increasingly seen as an integral part of any smart city strategy”, said Levi Ostling, IoT Analyst, Berg Insight. Cellular 2G/3G/4G technology has prevailed as the dominant connectivity option for smart waste sensor installations, accounting for around three quarters of the global installed base in 2018. LPWA technologies such as NB-IoT, LTE-M, LoRaWAN and Sigfox are however establishing themselves as attractive alternatives due to their lower power consumption – a feature that is essential for the performance of smart waste sensors as they are mainly battery powered. LPWA communications technologies accounted for around 20 percent of the global installed base of smart waste sensors in 2018. The share is expected to increase to more than 50 percent by 2023. “The transition to LPWA will significantly improve the overall feasibility of smart waste sensor investments and prompt a growing number of large-scale initiatives in the near future”, concluded Mr. Ostling.

The installed base of smart street lights to surpass 30 million worldwide by 2023
According to a new research report from the IoT analyst firm Berg Insight, the installed base of smart street lights was 10.4 million worldwide at the end of 2018. Growing at a compound annual growth rate (CAGR) of 24.5 percent, the installed base will reach 31.2 million in 2023. Europe is the leading smart street lighting market accounting for nearly 40 percent of the installed base. Characterised by a higher degree of utility ownership of street lighting assets, the North American market has seen a more scattered uptake of smart street lighting but is nevertheless home to several of the world’s largest deployments. North America accounted for around 30 percent of the global installed base in 2018. The Rest of World accounted for 31 percent of the global installed base in 2018 and the Chinese market constitutes a large part of these installations. The world’s leading smart street lighting vendor is UK-based Telensa which accounted for 14.4 percent of the global installed base of connected endpoints in Q3-2019. Included in the top three are also Signify and Sensus, of which the latter became a top player within the market in 2017 through its acquisition of the major smart street lighting vendor SELC. Together, these three vendors account for a third of the global installed base of individually controlled smart street lights. US-based Itron is also a leading player in the networking segment, having acquired Silver Spring Networks in 2018. Other important smart street lighting vendors include Rongwen Energy Technology Group from China; CIMCON Lighting, Acuity Brands, Current, LED Roadway Lighting and DimOnOff from North America; Lucy Zodion and SSE from the UK; Reverberi Enetec from Italy; Flashnet from Romania and Telematics Wireless from Israel. “While various proprietary RF mesh or star networks today account for the majority of smart street lighting installations, the adoption of LPWA technologies such as NB-IoT and LoRa is now growing fast, particularly in the European and Asian markets”, said Levi Ostling, IoT Analyst, Berg Insight. He added that in line with this development, the smart street lighting market is currently undergoing significant transformation and is now entering a new era of competition where the success of vendors will be determined by their ability to establish themselves as competitive providers of communications and management platforms for smart city devices. “Finding new ways to monetise data from a variety of smart city sensors and devices will be essential for smart street lighting vendors in the next couple of years to avoid becoming mere vendors of commoditised hardware”, concluded Mr. Ostling.

The installed base of fleet management systems in South Africa to reach 3.2 million units by 2023
According to a new research report from the leading IoT analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in South Africa reached an estimated 1.6 million in Q4-2018. Growing at a compound annual growth rate (CAGR) of 15.0 percent, this number is expected to reach 3.2 million by 2023. South Africa is a relatively mature telematics market and the penetration rate is comparably high from an international perspective. Far from all deployments are however full-scale advanced FM solutions. A notable share of the installed fleet telematics systems on the South African market is represented by comparably low-end tracking systems, e.g. light FM solutions, including SVR systems extended with basic FM features. “The South African fleet management market is clearly dominated by five domestic players with broad telematics portfolios, each having over 100,000 fleet management units in use in this market”, said Rickard Andersson, Principal Analyst, Berg Insight. He adds that these top-5 players collectively account for more than two thirds of the total number of fleet management systems in use on the South African market. “Berg Insight ranks Cartrack and MiX Telematics as the largest providers of fleet management solutions in South Africa, together having more than half a million active units in the country”, continued Mr. Andersson. Tracker is the third largest player followed by Netstar and Ctrack (Inseego). Other top-10 players on the South African fleet management market include local providers such as Bidtrack (Bidvest Group), Digit Vehicle Tracking (Digicell) and GPS Tracking Solutions (Eqstra Fleet Management), as well as international players including Webfleet Solutions (Bridgestone) and Gurtam. Bidtrack’s owner Bidvest is notably in the process of acquiring Eqstra Fleet Management including GPS Tracking Solutions. Players just outside of the top list include Autotrak, Digital Matter, Pointer Telocation (PowerFleet), ACM Track, PFK Electronics, Geotab and Key Telematics. “International commercial vehicle OEMs including Scania, Daimler, MAN and Volvo Group have further all introduced fleet telematics solutions in South Africa”, concluded Mr. Andersson. Berg Insight’s report on Fleet Management in South Africa also includes an outlook on the overall African market. Africa is clearly a highly diverse geographic region from a fleet management perspective. The continent can in general be divided into three subregions – South Africa, Sub-Saharan Africa (excluding South Africa) and Northern Africa. The South African fleet telematics market is far ahead of the rest of the continent in terms of adoption, whereas Sub-Saharan Africa is the least developed region. Northern Africa is comparably advanced and well ahead of Sub-Saharan Africa when it comes to fleet telematics penetration, though still quite a bit behind South Africa. The African fleet management market beyond South Africa is by many industry representatives described as challenging – though certainly also promising – for several reasons. The weak economic conditions and foreign exchange rate fluctuations in combination with the unstable political climate makes the Rest of Africa market a challenging business environment. There are however promising prospects for players adapting to the local market dynamics as the Rest of Africa market has considerably more untapped opportunity than what South Africa can offer at this stage.

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