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Market |
Automotive and Parts |
Report Type |
Market Research |
Country |
Global |
Published |
1 November 2009 |
Number of Pages |
347 |
- |
|
Publisher |
BizAcumen Inc |
Commercial vehicle telematics (CVT) as envisioned today is certainly not a matter of doubt. It is not a question of if, but when, and exactly what kind of functions gain prominence. It is expected that commercial vehicle telematics would give rise to a number of functions ranging from vehicle and passenger safety to the ultimate luxury of sinful comfort and convenience features.
The traditional, rather pessimistic and narrow view on telematics takes into consideration only the value added through the services of the business. This is particularly true where business models have yet to be synergized and sorted out. What is generally not understood, or perhaps overlooked, is the fact that telematics technologies will add to the crucial functionality imperative for various emerging automotive system capabilities.
Telematics supported wireless access to and from a vehicle is beneficial to manufacturers by way of cost and time saving. In addition, it is capable of supplying data that is required in the development process of vehicles. Besides, Telematics use is unavoidable, given the necessity to support the increasing number of user-based choices of input buttons and switches built into the modern day vehicle.
As vehicles become more technologically advanced and even complex, they would increasingly depend upon driver information systems that act as the user interface for both on-board and off-board information. The growing use of embedded controllers has more or less acted as a catalyst for Telematics, which means varied kinds of onboard and off-board diagnostics, inclusive of the downloadable ones and other updates can move via wireless technology between automobiles and service providers.
In the journey towards success, the telematics industry needs all support in the form of a standard infrastructure, and public & private sector investment to drive down the costs of raw data accumulation and management. One of the biggest challenges before the telematics industry is the integration of various data, including road & traffic information, movie theaters, and points of interest of a particular location. So, developing telematics solution, capable of providing information for different and changing locations is simply a difficult task.
These and other market data and trends are presented in "Commercial Vehicle Telematics: International Technology & Market Trends". Our reports are designed to be most comprehensive in geographic coverage and vertical market analyses...
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