According to ABI Research, from 2014 onward, total global commercial telematics subscriptions will ramp up at an accelerated rate. In fact, in 2019 total global subscriptions will increase by 3X from what they are now in 2014. Much of this growth will come from Asian and Latin American markets and subscription numbers in the Middle East and Africa will even reach significant portions by 2019.
Recently, subscriber numbers in commercial telematics have trundled along and increased at a gradual rate, attributed mostly to North American and in part Western European markets. However, as these markets become increasingly mature telematics providers such as Trimble, Telogis, TomTom, Masternaut, Arvento, MiX Telematics, Navman Wireless, Ituran, and many others are looking to penetrate new markets such as Latin America, the Middle East and Africa, and Asia.
Filomena Berardi, Senior Analyst shared her take on the situation: “In recent research interviews conducted with many of the leading telematics providers it was made explicitly clear that going forward Latin America, Southeast Asia and the Middle East are strategic focuses for companies. Many markets are recognized as being tough nuts to crack and in many cases there are a number of local players already present so the ambitions are not without risks. The attraction to penetrating these markets lies in the huge volume potential and the genuine need for telematics to help resolve a catalogue of issues.”
These findings are part of ABI Research’s Commercial Vehicle Telematics Market Research.
ABI Research provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. From offices in North America, Europe and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 70+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.
About ABI Research
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.
ABI Research提供开创性的研究和战略指导，帮助客户了解日新月异的技术。 自1990年以来，我们已与全球数百个领先的技术品牌，尖端公司，具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Asia: +65 6950.5670