Tag: Berg Insight

  • Geotab Keyless helps car-sharing fleets pool assets

    Geotab Keyless helps car-sharing fleets pool assets

    Photo: MStudioImages/E+/Getty Images
    Photo: MStudioImages/E+/Getty Images

    Connected transportation company Geotab has unveiled Geotab Keyless, a platform solution that integrates a secured digital key function with a comprehensive and data-driven fleet management product. Announced at the company’s third annual Geotab Mobility Connect conference, this combined solution is enabling a new class of car sharing by allowing public, corporate, leasing and government fleets to better analyze, pool, utilize and reduce their assets.

    “We are proud to be the first fully-featured telematics provider bringing a unique data-driven, keyless solution to the burgeoning car sharing market,” said Christopher Mendes, VP, Electric Vehicles, Geotab. “Keyless vehicle access is critical not only for fleets seeking to improve cost and operational structures but also consumers, who are moving away from vehicle ownership and expecting an easier, more convenient driving experience.”

    Car sharing on the rise

    According to a 2019 research report from Berg Insights, worldwide car-sharing membership topped 50.4 million in 2018, with the report citing frontrunners including Germany, Italy, USA and South Korea. As the Latin American market continues to rapidly grow, numbers are forecast to hit approximately 227 million by the end of 2023.

    Berg Insights also notes that several car makers, leasing companies and car rental companies are introducing car sharing solutions for corporate customers, with a goal to reduce mobility costs for enterprises by decreasing fleet capacity and the need for taxis and rental cars, while enabling self-booking and keyless access. Telematics and smartphones will play a pivotal role.

    “Geotab Keyless is designed to enhance car sharing across every segment, including in-car delivery services in the future” added Mendes. “Keyless is particularly advantageous for electric vehicle (EV) car sharing fleets, as the solution can reliably manage vehicles’ state of charge (SOC), charging status and range remaining —a capability no other keyless hardware competitor possesses.”

    Scalable platform

    A simple-to-install, scalable platform solution, Geotab Keyless supports any make, model and year of vehicle that has a key fob, and provides access to the most extensive telematics data on the market including asset accounting, suitability analysis for corporate car sharing, vehicle management automation and remote vehicle management.

    Fleet customers can pair their Geotab telematics solution with a vehicle reservation system software partner of their choice in order to best meet their individual business needs.

    Global software partners for Geotab Keyless include Wunder Mobility, Ridecell, fleetster, Eccocar and Moove Connected Mobility. Or fleet customers can create their own reservation software using Geotab’s Keyless APIs.

    How Geotab Keyless works

    Once a key fob is embedded into the hardware, drivers open their third-party software app on their phone (which is integrated with their MyGeotab platform), locate the OEM button on the screen and use the features to lock, unlock and start the vehicle.

    In addition to phone apps, the keyless functionality can be enabled by NFC tags and directly over the cellular connection. Over time, the solution will expand to include other applications and third-party digital key hardware solutions, as well as OEM telematics’ APIs.

    “In an increasingly dynamic world, on-demand free-floating shared mobility options are enabling new and innovative business opportunities for government and commercial fleets,” said Jean Pilon-Bignell, VP of Business Development, Government and Smart Cities. “By integrating this capability with a world-class telematics platform, fleets can have confidence in the fact that their shared mobility investments are backed by real data and analytics.”

    Data-driven insight

    Currently equipping more than 2.1 million vehicles with its telematics technology, Geotab provides data-driven insights to over 40,000 customers worldwide and enables users to customize their solution through a suite of more than 150 hardware add-ons, software add-ins and applications available on the Geotab Marketplace.

    As a result, the company processes more than 40 billion data points each day from Geotab-connected vehicles around the world. With active devices present in more than 130 countries, Geotab’s solutions are sold through its global network of Authorized Geotab Resellers.

  • Precision agriculture market to reach $5B in 2021

    The global market for precision agriculture solutions is forecast to grow from €2.2 billion ($2.6 billion) in 2016 at a compound annual growth rate (CAGR) of 13.6 percent to reach about €4.2 billion ($5 billion) in 2021, according to a research report from the market analyst firm Berg Insight.

    A set of technologies are applied in precision farming practices that are aimed at managing variations in the field to maximize yield, raise productivity and reduce consumption of agricultural inputs. While solutions such as auto-guidance and machine monitoring and control via onboard displays are mainstream technologies in the agricultural industry, telematics and variable rate technology (VRT) are still in the early stages of adoption.

    Interoperability between hardware and software solutions remains a challenge, although standardization initiatives led by organizations such as Agricultural Industry Electronics Foundation and AgGateway are making progress.

    Most major agricultural equipment manufacturers have initiatives related to precision agriculture, although strategies vary markedly. Leading vendors include agricultural equipment manufacturer Deere & Company, followed by the U.S.-based precision technology vendors Trimble, Topcon Positioning Systems, Raven Industries and Ag Leader Technology. Hexagon further holds a strong position in the positioning segment through its subsidiary NovAtel.

    A group of companies have emerged as leaders in the nascent market for in-field sensor systems. These include Davis Instruments, Pessl Instruments with its METOS brand, Semios, Hortau, AquaSpy and CropX.

  • Installed Base of Fleet Management Systems to Reach 7.1M in Europe by 2018

    According to a new research report from the analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Europe was 3.65 million in Q4-2013. Growing at a compound annual growth rate (CAGR) of 14.2 percent, this number is expected to reach 7.10 million by 2018.

    A group of international aftermarket solution providers have emerged as the leaders on the European fleet management market. Masternaut reported an active installed base of close to 350,000 units in July 2014, mainly in France and the UK. TomTom Telematics was the fastest growing vendor also in 2014 and has now surpassed 400,000 subscribers in August 2014.

    The two companies share the number one spot in terms of active installed base in Europe. Digicore has also joined the exclusive group of fleet management providers in Europe having more than 100,000 active devices in the field. Transics is number one in the heavy trucks segment with an estimated 85,000 active units installed.

    A major trend in the past three years has been the announcements of standard line fitment of fleet management solutions among the HCV manufacturers. Scania, Daimler, Volvo and MAN now experience fast growth of telematics subscribers thanks to these initiatives. FleetBoard by Daimler, Dynafleet by Volvo and Scania Fleet Management are the most sold systems with cumulative shipments of 150,000 units, 135,000 units and 100,000 units respectively as of Q4-2013.

    A recent trend is that LCV manufacturers increasingly work together with aftermarket players to offer fleet management solutions. PSA Peugeot Citroën has for instance launched a new fleet management service on the French market in partnership with Orange Business Services in April 2014. Ford and Telogis recently partnered to deliver fleet management solutions to Ford customers in Europe. Teletrac has moreover for a long time collaborated with OEMs on the UK market, including Citroën and Mercedes Benz.

    M&A activities on this market continued with full force in 2014. “Seven major mergers and acquisitions have so far taken place this year among the vendors of fleet management systems in Europe,” said Johan Fagerberg, Senior Analyst, Berg Insight. At the beginning of 2014, Qualcomm finally divested also the majority of the European arm of its fleet business to Astrata Group, a fleet management company headquartered in Singapore.

    Later in February, WABCO acquired Transics and the transaction valued the company at about €100 million. Lysanda acquired UK-based TRACKER Network in February and plans to establish Tantalum Corporation from the combined business.

    In April, TomTom also acquired the French FM provider DAMS Tracking, adding another 27,000 subscriptions to the installed base. Francisco Partners, moreover, divested Masternaut to Summit Partners and FleetCor in the same month.

    In July 2014, Zucchetti Group acquired a majority share of Macnil from its founders. The latest transaction was done in October 2014 when Finder acquired its Polish competitor Autoguard to form the largest FMS provider in Poland. Fagerberg anticipates that the market consolidation of the still overcrowded industry will continue in 2015.

    Download the report brochure.

  • PND Shipments Fell to 22M Units, Despite Nav User Increase

    According to a new research report from the analyst firm Berg Insight, global shipments of personal navigation devices (PNDs) declined from 28 million units in 2012 to 22 million units in 2013. There are signs that the decline is slowing and some emerging markets still experience growth.

    However, on the whole, the PND market is set for a continued downturn on a global basis. Berg Insight forecasts that PND shipments will decline to only 10 million units worldwide in 2019.

    A number of developments are affecting the PND market. Retailers have reduced shelf space and marketing for PNDs in favor of other consumer electronics products. Competition from other navigation solutions, especially navigation apps, is also intensifying.

    Over time, PNDs will also face further competition from in-dash navigation systems as more car brands launch low-cost systems. Moreover, the installed base of PNDs is already high, and replacement cycles are likely to be prolonged since PNDs have matured considerably and many devices are now sold with lifetime map updates, giving users less reason to replace their existing devices as frequently.

    The user experience for handset-based navigation apps is now improving through better integration in the car. Some vendors have released NFC-enabled car mounts enabling the owner to configure the handset to turn on the GPS and launch a navigation app when the phone is placed in the mount. A majority of car manufacturers have also started to offer smartphone integration solutions that connect the vehicle’s infotainment system with the user’s smartphone via Bluetooth, Wi-Fi, USB or HDMI. It is then possible to display and control smartphone apps using the touchscreen and controls in the car.

    Higher smartphone adoption along with broader availability of low-cost and free navigation apps are important factors for the continued increase in usage of mobile navigation services worldwide. “The number of mobile subscribers worldwide using a turn-by-turn navigation app on their handset at least once per month grew from 150 million in 2012 to 180 million in 2013,” said André Malm, senior analyst, Berg Insight. He adds that in most markets, smartphones from major vendors now come bundled with free navigation apps.

    The leading navigation service providers on a global basis include Google, Apple, Telenav, Appello Systems, Nokia and Garmin. Examples of major local players include AutoNavi and Careland in China, SK Planet in South Korea, NAVITIME and ZENRIN in Japan, as well as Navitel and Yandex in Russia.

    Despite increasing competition from free navigation apps, many mobile operators are still marketing their own navigation services developed by companies such as Telenav, TeleCommunication Systems and Appello Systems. “App developers and operators are now trying to monetize navigation apps by introducing premium features and advertising,” said Malm. “Developers are also forced to reduce costs as competition increases, for instance by adopting OpenStreetMap data to reduce map licensing fees.”

  • Berg Insight: Remote Patient Monitoring to Reach €19.4B in 2018

    Berg Insight estimates that revenues for remote patient monitoring (RPM) solutions reached € 4.3 billion in 2013, including revenues from medical monitoring devices, mHealth connectivity solutions, care delivery software platforms and monitoring services. RPM revenues are expected to grow at a CAGR of 35.0 percent between 2013 and 2018, reaching € 19.4 billion at the end of the forecast period.

    The findings are discussed in the report “mHealth and Home Monitoring” (PDF brochure).

    Savings attributable to payers and care providers will by far exceed this amount as connected care solutions can allow better health outcomes to be achieved more cost efficiently. The new care models enabled by these technologies are furthermore often consistent with patients’ preferences of living more healthy, active and independent lives.

    While the healthcare industry is advancing towards an age where connected care solutions will be part of standard practices, this progress is still far from uniform. “The growth in the remote patient monitoring market is today centred on very specific market verticals and regions. Most of the market growth in the sleep therapy segment has for instance occurred in the US and France, where frequent compliance audits are becoming more common,” said Lars Kurkinen, Senior Analyst, Berg Insight.

    He added that the telehealth market benefits from local and regional project financing in several European countries, whereas remotely monitored medication dispensers gain traction among home care providers in the Benelux and Nordic countries in particular.

    In addition to this, the first pharmaceutical companies have recently initiated rollouts of connected adherence monitoring solutions that are bundled together with specific drugs. “Another high-level development that will have a major impact on the use of connected care solutions in several countries during the coming years is the shift from fee-for-service reimbursement systems to pay-for-performance structures that emphasize cost-effective delivery of quality care,” said Mr Kurkinen. In the U.S., one example of this development is the large number of RFPs for telehealth solutions that are being issued due to the hospital readmission reduction programs.

  • Berg Insight: LBS Revenues in Europe to Reach €825M by 2017

    Berg Insight: LBS Revenues in Europe to Reach €825M by 2017

    According to a new research report by Berg Insight, mobile location-based service (LBS) revenues in Europe are forecast to grow from €325 million in 2012 at a compound annual growth rate (CAGR) of 20.5 percent to reach €825 million in 2017.

    The North American LBS market is forecast to grow at a CAGR of 9.2 percent from US $835 million in 2012 to reach US $1,295 million in 2017. Berg Insight estimates that 40 percent of all mobile subscribers in Europe use some kind of location-enhanced application on a regular basis. In North America, the larger installed base of GPS-enabled handsets and smartphones has enabled higher uptake of LBS.

    Berg Insight estimates that about 50 percent of all mobile subscribers in the region now access LBS at least monthly. Local search, social networking and navigation services are the top application categories in terms of number of active users. Mobile workforce management services that aim to improve operational efficiency for businesses are also gaining traction in new industry segments.Berg-LBS-report

    “Smartphones are the most important enabler for LBS adoption in general. The installed base of smartphones in Europe has now reached 45 percent of total handsets and already surpassed 55 percent in North America,” said André Malm, Senior Analyst, Berg Insight. He adds that besides differences in smartphone adoption, there are other regional differences. “Mobile operators still play a more central role in North America than in Europe, marketing branded services to both consumer and enterprise customers.”

    However, the operators’ central role in the LBS ecosystem is now being challenged by the smartphone ecosystems that bundle key LBS and give developers access to location data and distribution channels in the form of on-device app stores. Mobile operators are therefore showing renewed interest in offering network-based bulk location data for advertising and analytics, as well as new services such as secure authentication and fraud management.

    A brochure on the report can be downloaded here.