Telematics to Flourish due to World High-Speed Wireless Environment, new Visant Strategies Study Finds
NEW YORK--Better wireless networks, devices and operating systems are creating a perfect set of circumstances for telematics to flourish across the globe, according to a new Visant Strategies study. Telematics use will rise dramatically into the next decade, the study finds, as in-vehicle applications become more robust and integral to the high-speed wireless ecosystem enveloping the world.
“Seeing OnStar moving to a digital network is the first step in having this sector become a larger part of the wireless environment that will allow a more diverse set of applications to be offered and an enhancement of the applications being utilized so greatly today,” said report author Lynnette Luna.
According to the study, in-vehicle subscribers across the globe will grow eight-fold into the next decade with revenues for subscribers reaching nearly $20 billion in the three top world telematics markets.
“Telematics 2007 and Beyond: The New Era of Networks and Applications” charts and quantifies the rise of telematics across the Globe, including those users in the United States, Europe and Japan. It also details the applications driving the market today and those to be greatly used tomorrow.
“The telematics industry has always been innovative and produced decent numbers but the evolution of mobile wireless networks, handsets, operating systems, components and the growing number of meaningful applications all spell good fortune for in-vehicle providers and mobile carriers,” said Larry Swasey of Visant Strategies.
Study details include United States telematics subscribers and revenues and the nation’s high-tier service users and revenues through 2012 as well as satellite radio users and revenues through 2011. Global telematics users and revenues are also segmented as are those for Europe and Japan through 2011 as well as keys to growth in these latter nations.