According to a research report from the IoT analyst firm Berg Insight, the on-device AI market reached $10.1 billion (€8.7bn) in 2024, an increase of around 22 per cent from 2023. This figure includes AI SoCs/SoMs, AI accelerators, AI MCUs and specialised on-device AI software and platforms, but excludes revenues generated by non-IoT applications such […]

According to research report from the IoT analyst firm Berg Insight, the number of smart homes in Europe and North America reached 139.4 million in 2024. North America is the leading market in terms of penetration and 45 per cent of all households in the region had at least one smart home product or system […]

The global satellite IoT communications market is growing at a good steady pace according to a research report from specialist IoT analyst firm Berg Insight. The global satellite IoT subscriber base grew to surpass 5.8 million in 2024. The number of satellite IoT subscribers will increase at a compound annual growth rate (CAGR) of 41.1 […]

According to a research report from the IoT analyst firm Berg Insight, the Generative AI (GenAI) market grew substantially in 2024, experiencing triple-digit-growth rates in all three major segments spanning GenAI hardware, foundation models and development platforms. The market value for foundation models reached an estimated $4.1 billion (€3.5bn), excluding end-user applications such as ChatGPT. […]

A report from IoT market research firm Berg Insight reveals that global IoT connectivity revenues increased 12 per cent to reach €14.2 billion in 2024. The monthly ARPU dropped 5 per cent to €0.33. IoT connectivity revenues account for 1–4 per cent of service revenues for the largest mobile operator groups. By 2029, Berg Insight […]

Berg Insight, the IoT market research provider, has released findings about the market for IoT connectivity management platforms (CMPs), a standard component in the value proposition from mobile operators and IoT MVNOs around the world. Market dynamics in the IoT CMP market have evolved in recent times as vendors focus on responding to the challenge […]

According to a research report from the IoT analyst firm Berg Insight, there were a total of 4,700 private LTE/5G networks deployed across the world at the end of 2024, excluding proof-of-concept (PoC) projects. The market value for private LTE/5G network solutions reached an estimated $ 1.8 billion in 2024. Berg Insight believes that the […]

According to a research report from the IoT analyst firm Berg Insight, the number of smart homes in Europe and North America reached 126.2 million in 2023. North America is the leading market in terms of penetration and 41 percent of all households in the region had at least one smart home product or system […]

The global satellite IoT communications market is growing at a good steady pace according to a research report from specialist IoT analyst firm Berg Insight. The global satellite IoT subscriber base grew to surpass 5.1 million in 2023. The number of satellite IoT subscribers is predicted to increase at a compound annual growth rate (CAGR) […]

According to a research from the IoT analyst firm Berg Insight, there were a total of 2,900 private LTE/5G networks deployed across the world at the end of 2023, including trial and pilot deployments. Private 5G network deployments are moving from trials to commercial operations and amounted to an estimated 700 networks whereof trials accounted […]