Market Trends

The installed base of construction equipment OEM telematics systems will reach 11 million units worldwide by 2027

The number of lone workers using connected safety solutions in Europe and North America reached 1.5 million in 2022

The installed base of smart street lights to reach 64 million worldwide by 2027

Water AMI landscape 2028- Exceeding expectations with over 100 percent growth in Europe and North America

The installed base of fleet management systems in the Americas to reach 37 million units by 2027

The installed base of tracking devices for trailers, containers, rail freight wagons, ULDs and pallets reached 8.8 million in 20225G router and gateway sales gain momentum

The installed base of tracking devices for trailers, containers, rail freight wagons, ULDs and pallets reached 8.8 million in 2022

The vehicle telematics hardware market reached € 10.8 billion worldwide in 2022

Rapid growth on the horizon for the cold chain tracking solutions market

Europe and North America reached 30.4 million active insurance telematics policies in 2022

The installed base of medication compliance monitoring devices to reach 8.2 million worldwide in 2027

The global satellite IoT subscriber base to reach 23.9 million by 2027

The number of connected heavy commercial vehicle charging points in Europe and North America to reach 768,000 by 2030

Cellular IoT connectivity revenues surpassed € 10 billion in 2022

The installed base of fleet management systems in South Africa to reach 3.8 million units by 2027

Cellular IoT module revenues increased 12 percent to reach US$ 5.9 billion in 2022

Embedded car OEM telematics subscribers exceeded 200 million in 2022

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