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ABI Research Forecasts Asia to Overtake Europe as 2nd Largest Commercial Telematics Industry
Monday April 4, 11:55 am ET

http://biz.yahoo.com/bw/050404/45765.html?.v=1

OYSTER BAY, N.Y.--(BUSINESS WIRE)--April 4, 2005--Europe and North America, with nearly two-thirds of the world's total market value for fleet telematics, currently overshadow the largely untapped Asia-Pacific market. However, rapid economic expansion in the region, specifically in China and India, will drive commercial adoption of telematics in Asia to greater levels than in Europe by the end of this decade.
"With continuing investment and development in this region, firms will be looking to streamline their supply chains and manage their assets more efficiently, so they will naturally turn to telematics," says ABI Research analyst David Schrier.

The market segments poised for the greatest growth in the near future include long-haul trucking, public transit, and taxis. "The long-haul trucking segment is a traditional early adopter, and growth in trade and development are directly linked to increased uptake in this market," adds Schrier.

Taxis represent a huge addressable market, particularly in Beijing, as fleets gear up for the 2008 Olympics in China. In India, Tata, the leading commercial truck maker, recently signed an agreement with MobiApps to develop fleet management solutions. This promises to be a powerful marketing strategy as well as providing enhanced OEM integration for improved remote diagnostics.

As larger firms such as QUALCOMM move downmarket and into new regions, will smaller firms still find their niches? ABI Research's "Commercial Telematics Service" examines this issue in depth, analyzes the entire fleet telematics industry, and provides insight into other major market developments. It also includes a hardware vendor matrix that assesses leading firms in the commercial telematics space.

In addition, this subscription service includes annual research reports, quarterly market updates, and a user-searchable forecast database. Adjunct technologies such as cellular, satellite, DSRC, Wi-Fi, UWB, and Bluetooth are also analyzed for their potential. Subscribers also receive analyst support time and ABI Research's Analyst Insights.

Founded in 1990 and headquartered in New York, ABI Research maintains global operations that support annual research programs, quarterly intelligence services and market reports in automotive, wireless, semiconductors, broadband, and energy. Their market research products can be found on the Web at www.abiresearch.com, or by calling 516.624.2500.



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Contact:
ABI Research
Beth Schechner, 516-624-2542
[e-mail]



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Source: ABI Research