European Vehicle Telematics Equipment Sales to Eclipse $2.5 Billion Annually by 2006, Says The Strategis Group

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Mar 28, 2001, 00:00 ET from The Strategis Group

    LONDON, March 28 /PRNewswire/ -- Annual revenues from telematics equipment
 sales in Europe will be over $2.5 billion by 2006, according to a new study
 from The Strategis Group. Thanks to the development of standardized and
 increasingly capable equipment and services, the overall number of original
 equipment manufacturer (OEM) and after-market devices sold each year is
 expected to rise from a total of 770,000 units in 2001 to 8.7 million units by
 2006 according to the report, European Vehicle Telematics: Technologies, Value
 Chain and Market Entry Strategies. Europe's five largest automotive markets
 (Germany, Italy, France, UK and Spain) are expected to account for 84% of
 these sales by 2006.
     "The increasing use of standardized technology and protocols is helping to
 reduce the cost of developing telematics systems, as well as promote device
 and service interoperability," notes Jamie Moss, analyst with The Strategis
 Group. "As a consequence, future generations of telematics devices will be
 able to be easily updated to offer an increasing variety of services."
 
     OEM and Aftermarket Telematics Device Sales (millions),
     Top 14 European Markets, 2001-2006
 
     Year                2001       2002    2003     2004      2005     2006
     OEM                  .46       1.03    1.88     3.02      4.63     6.66
     Aftermarket          .31        .52     .78     1.12      1.54     2.04
     Total                .77       1.55    2.67     4.14      6.18     8.70
 
     Source: The Strategis Group, Inc.
 
     "The vehicle buying public simply did not perceive the devices as offering
 adequate value for money and as a result, telematics devices have languished
 in the luxury vehicle market," Moss adds. "However, proposed new features and
 competitive pricing are set to change all that."
     The in-vehicle environment, which features LCD/TFT screens rather than a
 WAP browser, can offer the perfect environment for content-rich multimedia
 services. As Karl Emanuelsson, analyst with The Strategis Group says, "We will
 soon see a blurring of the divisions between the various mobile information
 devices available to drivers -- telematics systems, navigation systems and
 mobile communications devices will become increasingly intertwined to provide
 the consumer with a unified communications and information solution."
     European Vehicle Telematics: Technologies, Value Chain and Market Entry
 Strategies analyses the development of the passenger vehicle telematics market
 within the top 14 automotive markets in Europe, providing forecasts for unit
 sales, market penetration, equipment revenues and service revenues from 2001
 until 2006. The report features interviews with 41 key companies currently
 active within the European arena, from vehicle manufacturers to mobile
 operators.
     The Strategis Group will hold a free conference call on Monday, April 2,
 2001 at 3:00 p.m. UK (10 a.m. EST) to discuss findings from European Vehicle
 Telematics: Technologies, Value Chain and Market Entry Strategies. Interested
 participants should contact Mehdi Boussebaa at MBoussebaa@StrategisGroup.com
 to obtain call information. There will also be a replay number for those who
 cannot call in at the scheduled time.
 
     The Strategis Group, a C7 company -- with offices in Washington, DC,
 London, Singapore, and Sao Paulo -- publishes in-depth market research
 reports, provides customized consulting services, and supplies continuous
 information solutions to the broadband, wireless, cable TV, satellite,
 Internet and competitive telephony industries. The Strategis Group's focus is
 pure telecommunications, providing strategic information to decision makers in
 the dynamic global marketplace. For more information, please contact an
 account executive at Voice: 44-207-363-5600, Fax: 44-207-363-5610, (UK-Email)
 Europe@StrategisGroup.com  or (US-Email) Sales@StrategisGroup.com.
 
 

SOURCE The Strategis Group
    LONDON, March 28 /PRNewswire/ -- Annual revenues from telematics equipment
 sales in Europe will be over $2.5 billion by 2006, according to a new study
 from The Strategis Group. Thanks to the development of standardized and
 increasingly capable equipment and services, the overall number of original
 equipment manufacturer (OEM) and after-market devices sold each year is
 expected to rise from a total of 770,000 units in 2001 to 8.7 million units by
 2006 according to the report, European Vehicle Telematics: Technologies, Value
 Chain and Market Entry Strategies. Europe's five largest automotive markets
 (Germany, Italy, France, UK and Spain) are expected to account for 84% of
 these sales by 2006.
     "The increasing use of standardized technology and protocols is helping to
 reduce the cost of developing telematics systems, as well as promote device
 and service interoperability," notes Jamie Moss, analyst with The Strategis
 Group. "As a consequence, future generations of telematics devices will be
 able to be easily updated to offer an increasing variety of services."
 
     OEM and Aftermarket Telematics Device Sales (millions),
     Top 14 European Markets, 2001-2006
 
     Year                2001       2002    2003     2004      2005     2006
     OEM                  .46       1.03    1.88     3.02      4.63     6.66
     Aftermarket          .31        .52     .78     1.12      1.54     2.04
     Total                .77       1.55    2.67     4.14      6.18     8.70
 
     Source: The Strategis Group, Inc.
 
     "The vehicle buying public simply did not perceive the devices as offering
 adequate value for money and as a result, telematics devices have languished
 in the luxury vehicle market," Moss adds. "However, proposed new features and
 competitive pricing are set to change all that."
     The in-vehicle environment, which features LCD/TFT screens rather than a
 WAP browser, can offer the perfect environment for content-rich multimedia
 services. As Karl Emanuelsson, analyst with The Strategis Group says, "We will
 soon see a blurring of the divisions between the various mobile information
 devices available to drivers -- telematics systems, navigation systems and
 mobile communications devices will become increasingly intertwined to provide
 the consumer with a unified communications and information solution."
     European Vehicle Telematics: Technologies, Value Chain and Market Entry
 Strategies analyses the development of the passenger vehicle telematics market
 within the top 14 automotive markets in Europe, providing forecasts for unit
 sales, market penetration, equipment revenues and service revenues from 2001
 until 2006. The report features interviews with 41 key companies currently
 active within the European arena, from vehicle manufacturers to mobile
 operators.
     The Strategis Group will hold a free conference call on Monday, April 2,
 2001 at 3:00 p.m. UK (10 a.m. EST) to discuss findings from European Vehicle
 Telematics: Technologies, Value Chain and Market Entry Strategies. Interested
 participants should contact Mehdi Boussebaa at MBoussebaa@StrategisGroup.com
 to obtain call information. There will also be a replay number for those who
 cannot call in at the scheduled time.
 
     The Strategis Group, a C7 company -- with offices in Washington, DC,
 London, Singapore, and Sao Paulo -- publishes in-depth market research
 reports, provides customized consulting services, and supplies continuous
 information solutions to the broadband, wireless, cable TV, satellite,
 Internet and competitive telephony industries. The Strategis Group's focus is
 pure telecommunications, providing strategic information to decision makers in
 the dynamic global marketplace. For more information, please contact an
 account executive at Voice: 44-207-363-5600, Fax: 44-207-363-5610, (UK-Email)
 Europe@StrategisGroup.com  or (US-Email) Sales@StrategisGroup.com.
 
 SOURCE  The Strategis Group