The amount of connected electric vehicle (EV) charging infrastructure in Europe and North America is expected to increase by 38% between 2020 and 2024, according to Berg Insight.
Europe and North America are expected to increase the number of connected EV chargers from 0.9 million at the end of 2019 to 4.4 million units by 2024.
In 2019, Europe represented the largest share of connected EV chargers with around 0.6 million, corresponding to a connectivity penetration rate of 46%.
In North America, about 0.3 million of the total number of charging points were connected, equivalent to a connectivity penetration rate of 35%.
The connected EV charging station market across the two regions is served by a variety of players, according to the study.
Adam Bjorkman, IoT Analyst, Berg Insight, said: “The integration of communications equipment in EV charging stations can improve the delivered service and operations in a multitude of ways.
“Charge point operators can remotely monitor and manage the charging stations and electric vehicle drivers can at the same time locate chargers, monitor charging availability and manage payments using a smartphone app.
“The number of connected charging points has in the last year grown significantly, and as long as the electric vehicle fleet continues to grow rapidly the demand for connected charging stations will be steady.
“Most of the connected charging points in Europe and North America are either in public or semi-public applications.
“The number of connected home charging stations is still relatively limited in both regions, but expected to increase in parallel to the general trend of our homes becoming smarter.”