#Factoftheweek
From 11.3 million to 31.5 million connected tanks in just five years.
According to Berg Insight, the installed base of active RTM (remote tank monitoring) solutions is on track to jump from 11.3 million units today to an estimated 31.5 million by 2029.
Here’s what’s powering this expansion:
- Broadening industrial use cases
- Strong regional deployment growth
- More than 100 solution providers
- M&A activity gaining steam
What does this mean for 2026 and beyond? With adoption on pace to nearly triple by the end of the decade, we’re entering a phase where we can expect greater efficiency, safety, and compliance, ultimately leading to improved data-driven decisions.
Will the biggest platforms maintain leadership? How will connectivity costs and hardware standardization evolve? What adjacent services might emerge?