Strategy Analytics: Telematics Revenue Streams Continue to Develop; Fleet Operators & Other Commercial Vehicle Segments are Key Early Targets For Telematics Implementation

    BOSTON & LONDON--Dec. 19, 2001--The new Strategy Analytics report, "Telematics in the Commercial Vehicles Sector," provides a full analysis of continuing sector specific growth in the telematics industry. The next five years will bring increased penetration of telematics systems in the commercial vehicles sector built around fleet management, and `tracking and tracing' applications. Further growth will also be seen in the demand for traffic information, automatic navigation routing, security and other location based services.
    These findings are presented in a study published recently by Strategy Analytics within its strategic advisory service, In-vehicle Telematics and Multimedia Service (ITMS). This service provides leading players in the various industries with insights into key market, technology, and consumer behavior trends. The company's latest report, "Telematics in the Commercial Vehicles Sector, discusses the emerging telematics business models of market players.
    According to Joanne Downie, Director of Strategy Analytics In-vehicle Telematics and Multimedia Service, "The early telematics market as a whole is still highly fragmented with revenue generation largely confined to the sale of specific systems and equipment, and technology and applications development. But the commercial vehicle sector has emerged as a clearly defined target market for telematics players. We estimate that the sector generated US$898M in telematics service and equipment revenues in the US and W. Europe in 2000, and market growth is expected to reach over US$1.7BN by 2007." Downie continued, "The players to watch out for in this sector are both traditional and new entrant telematics players and include Omnitracs and Euteltracs, but also ComRoad and Minorplanet, and we expect the list of players to keep on growing over the next couple of years."

    Company Background:

    Strategy Analytics, Inc. provides information and insights to help develop business strategies in broadband, consumer electronics and media, wireless communications, automotive electronics, energy technologies and enabling technology business. Working on a global basis, Strategy Analytics delivers planning support in published and consulting formats to meet the decision support needs of clients in North America, Europe, Japan and the Far East.