REPORT DESCRIPTION
The word “telematics” broadly refers to a system through which a mechanical or electronic
device communicates(collects,sends,or stores information) with other devices or with human
users over a network. Over the years, the term has been specifically used to refer to on-board
communication capabilities in automotive segment.Telematics therefore is now defined as the
wireless connectivity established between vehicles and other systems like machine to machine,
machine to human or direct to cloud.
The basic business model for automotive segment is changing with the advent of mobile data
connectivity. Smartphones have shown us the advantages of having a mobile data connection,
and now the automobile industry is gradually awakening to the fact that providing the customer
with internet connectivity-on the go, along with other safety and concierge services could well
prove to be the key to survive in the market in the future.
Consumer telematics are end-user-targeted, vehicle-centric information and communication
technologies (vehicle ICTs) and services. While safety and security are the cornerstones of
consumer telematics offerings, the current global economic scenario may indicate a shift of focus
onto technologies which provide the end-user with a system which ensures ease of driving along
with ubiquitous net connectivity without compromising on safety and security. With the fuel
prices on the rise, applications that contribute to cost savings, by increasing engine efficiency will
become a necessity in the future. Focus has also shifted to infotainment-not only in high end
cars but also in mass production, which experts belive is going to be a big market in the coming
days.
Network-enabled cars for consumers provide in-vehicle services, such as emergency assistance,
Global Positioning System (GPS) navigation, traffic information, local search (for example, for
charging stations or restaurants) and concierge services. With the consumer telematics market
growing at a rapid pace, we could very well envision a future in which almost all the vehicles
produced, being fitted with telematics system.
As the services offered by telematics systems are quite wide-ranging, this market requires the
participation of a number of industries such as Automotive OEMs, which have to come up with
economically-viable yet, high quality telematics systems. These systems again are made of a
number of components such as routers, in-built RAMs, control units, CAN boards. antennas etc,
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