Berg Insight, the leading IoT market research provider, today released a new market study covering the video telematics market. The integration of cameras to enable various video-based solutions in commercial vehicle environments is a massive trend in the fleet telematics sector. Berg Insight’s definition of video telematics includes a broad range of camera-based solutions deployed in commercial vehicle fleets either as standalone applications or as an added feature set to conventional fleet telematics. The frontrunning North American video telematics market is more than three times the size ..read more

Quectel Wireless Solutions, a global IoT solutions provider, will be participating as an exhibitor and keynote speaker at the upcoming Connected Auto & Electric Vehicles (CAEV) India event, set to take place in Bengaluru. This prestigious event gathers industry leaders, innovators, and policymakers to discuss and showcase the latest trends, technologies, and solutions in the connected auto and electric vehicle sectors. Manfred Lindacher, VP Global Sales Automotive at Quectel Wireless Solutions, is scheduled to deliver one of the opening keynote addresses on the first day of the event. Du ..read more

Berg Insight estimates that the global installed base of active off-highway vehicle telematics systems reached 7.9 million units in 2022. 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 i ..read more

Berg Insight, the leading IoT market research provider, has in a new market research project found that the global installed base of active construction equipment (CE) OEM telematics systems reached 6.2 million units in 2022. Growing at a compound annual growth rate (CAGR) of 12.0 percent, the active installed base is forecasted to reach 11.0 million units worldwide in 2027. This includes all CE telematics systems marketed by construction equipment OEMs, either developed in-house or provided by the CE manufacturers in partnership with third-party telematics players. The European market accou ..read more

According to a new research report by IoT analyst firm Berg Insight, the number of users of carsharing services worldwide is forecasted to grow from 123.4 million people in 2022 at a compound annual growth rate (CAGR) of 16.9 percent to reach 269.4 million people in 2027. Berg Insight forecasts that the number of vehicles used for carsharing services will grow at a CAGR of 11.2 percent from 575,000 at the end of 2022 to 979,000 at the end of 2027. The carsharing fleet grew 8.7 percent worldwide in 2022 and membership grew an impressive 43.8 percent worldwide. “The number of people using cars ..read more

The Internet of Things (IoT) has been a game-changer in countless industries, and one area where its impact has been particularly profound is in telematics. Telematics, the integration of telecommunications and informatics, is the technology behind vehicle tracking, monitoring, and management. With the infusion of IoT, telematics has undergone a remarkable transformation, providing enhanced capabilities and ushering in a new era of connected transportation and beyond. Telematics: A Brief Overview Telematics has been a critical component in industries such as fleet management, logistics, and ..read more

Quectel Wireless Solutions, a global IoT solutions provider, is delighted to announce it has been awarded the ISO 26262:2018 Functional Safety Process Certificate by Bureau Veritas (BV), a trusted and industry-recognized third-party certification body. This milestone confirms that Quectel has successfully established a complete set of robust functional safety management process system in accordance with ISO 26262 standards, providing continuous support for the design and manufacturing of products that adhere to international safety standards. In addition, Quectel’s LG69T (AB) automotive-grad ..read more

Berg Insight, the world’s leading IoT market research provider, today released new findings about the vehicle telematics hardware market. More than 47.2 million aftermarket telematics devices were sold worldwide during 2022, corresponding to a market value of € 2.4 billion. The performance of the market was still affected by the COVID-19 pandemic and the following supply chain crisis, but the market has shown recovering signs in 2023. Until 2027, annual shipments of aftermarket telematics devices are forecasted to grow at a compound annual growth rate (CAGR) of 10.5 percent to reach 77.6 mil ..read more

According to a new research report from the IoT analyst firm Berg Insight, the number of insurance telematics policies in force on the European market reached 13.6 million in Q4-2022. Growing at a compound annual growth rate (CAGR) of 8.9 percent, this number is expected to reach 20.7 million by 2027. In North America, the number of insurance telematics policies in force is expected to grow at a CAGR of 11.7 percent from 16.8 million in Q4-2022 to reach 29.2 million in 2027. The US, Italy, the UK and Canada are still the largest markets in terms of insurance telematics policies. In North Ame ..read more

According to a new research report from the IoT analyst firm Berg Insight, the number of active aftermarket car telematics units will grow at a compound annual growth rate (CAGR) of 11.7 percent from 92.2 million at the end of 2022 to 160.7 million worldwide at the end of 2027. Berg Insight’s definition of an aftermarket car telematics solution in this report comprises both cellular/GNSS and RF-based solutions. Aftermarket car telematics solutions are useful in a number of application areas including stolen vehicle tracking and recovery (SVT/SVR), vehicle diagnostics, Wi-Fi hotspot, convenie ..read more