LONDON–(BUSINESS WIRE)–OEM and aftermarket safety and security telematics continues to see solid growth with the number of users to rise from 72 million at year-end to more than 300 million in 2018.
“While safety and security mandates in Europe (eCall, 2015), Russia (ERA GLONASS, 2013), and Brazil (Contran, 2013) are on their way, car OEMs continue to roll out safety telematics services globally across their portfolio”
“While safety and security mandates in Europe (eCall, 2015), Russia (ERA GLONASS, 2013), and Brazil (Contran, 2013) are on their way, car OEMs continue to roll out safety telematics services globally across their portfolio,” comments ABI Research VP and practice director Dominique Bonte. “Ford now also offers emergency calling in Europe as part of its SYNC launch and Mercedes recently extended the availability of its free eCall service on the COMAND Online multimedia system to nineteen countries in Europe. Clearly OEMs increasingly consider safety telematics as a commercial proposition and no longer await possible mandates which keep being postponed.”
Closely linked to safety and security, insurance telematics or UBI, aims at both monitoring and improving driver behavior via instantaneous feedback or frequent summary reports, hereby reducing accident risk. Recent announcements suggest increasing interest from the likes of carriers with Vodafone unveiling partnerships with Towers Watson and AIG Europe, and Telefonica with Generali.
However, the broader automotive safety and security challenge extends far beyond passive cellular telematics services with both ADAS and V2X / ITS acting as complimentary technologies providing active safety features such as collision detection and emergency braking. This whole area is quickly turning into a battleground between car OEMs vying for safety image and technology leadership with Tier1 suppliers such as Continental aggressively developing these high-margin product lines.
ABI Research’s new “Safety and Security Telematics” Market Data offers forecast data for OEM, aftermarket, and converged telematics solutions including subscribers, service revenue, hardware shipments and revenue. Additional data such as penetration rates, a comparison of OEM offerings, and their vendor relationships are also provided by region.
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 visitwww.abiresearch.com, or call +1.516.624.2500.