e.Digital Corporation (fka EDIG)

[Tenderloin]

Telematics and M2M Worth US$178bn by 2007 - Who Will Benefit?
Thursday February 6, 8:04 am ET


LONDON, Feb. 6 /PRNewswire/ -- The opportunities offered by Telematics and M2M are endless. Automotive, fleet and freight, utilities, oil & gas, offices, homes, vending and POS are among the many application areas. ARC Group expects the worldwide solutions market to be worth in excess of US$100bn by 2007. In addition, operator revenues worldwide from the transport of Telematics data alone will rise from US$3.5bn in 2002 to US$78bn by 2007. ARC Group's new report: Increasing Profitability with Telematics & M2M demonstrates how profitability can be achieved despite a challenging business environment fraught with continually shrinking margins.

Many mobile operators, including NTT DoCoMo in Japan, are placing great emphasis on Telematics & M2M. It is one of the three themes underpinning the company's future strategy, and the company has already helped increase vending operators' profits by 70% through the introduction of cashless payment. In the same vein, Teclion has cut service visits by 50% by introducing remote monitoring. Nissan saves 40% on sales costs by providing wireless access to pricing and inventory information. And HBOC reduced incorrect shipments by as much as 80% through the use of wireless in their warehouses.

Report authors Lars Odlen and Ifeoma Nwoyeocha emphasise "what is exciting about Telematics and M2M is that its potential is huge and mostly unexploited." Person-to-person (P2P) communication is approaching saturation in many advanced market communication channels, both fixed and wireless. However, few machines are, as yet, connected.

The connected world is here and all will be affected by it -- consumers, suppliers, organisations or authorities. Telematics and M2M technology will change our lives and work as well as our society and legislative framework. As in any evolutionary change, the winners will be those that recognise and seize the new opportunities. The strongest value proposition for Telematics and M2M are the costs and consequences of not using them.

Notes to editors:

ARC Group (http://www.arcgroup.com) publishes in-depth strategic reports and provides consultancy on wireless internet, wireless technologies and infrastructure, digital broadcasting, broadband access, Telematics and optical communications.

For more information about this report, please contact:
Chrystelle Chalvin, Sales & Marketing Manager, ARC Group
Tel: [phone]
[e-mail]
http://www.arcgroup.com


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Source: ARC Group