'Telematics' market is growing, says report
Music Industry News - as it happens
Source: Mi2N - May 28, 2002
North America's telematics market - OEM equipment sales, subscription fees,
and airtime minutes - will grow from $500 Million in 2002 to over $3 Billion
by 2006, believes Forward Concepts.
In its market research report "Telematics: A Market Study of In-Vehicle
Communications, Navigation, and Digital Radio," it says Digital Audio
Broadcasting (DAB) is another growing automotive electronics market that,
along with traditional dashboard entertainment equipment will ultimately
merge with Telematic.
Principal author Mahy Churylo defines telematics as a vehicle's capability
to communicate with the outside world. "It combines wireless voice and data
services with Global Positioning System (GPS) technology to provide specific
location services like vehicle navigation, tracking, and emergency
services," she says. Although Telematics has begun with operator-based
services ... there will be a continual integration of other in-vehicle
electronics to encompass entertainment, navigation, and E911 equipment.
Related News from Mi2N:
» New Report Analyzes Growing Telematics Market, Including GPS, E911, & Digital Radio
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