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'Telematics' market is growing, says report
By Jon Newton, p2pnet.net
(more articles from this author)
2002-05-31
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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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