According to ABI Research, Mercedes-Benz, Volvo and BMW are still the top three players in the consumer advanced driver assistance systems (ADAS) market. They outperform competitors either in terms of the degree and significance of their innovation, or in how effectively they make their systems available to consumers – sometimes in both.
According to a new Market Data forecasts from ABI research, it will take more than 5 years for 5G to reach 100 million subscriber mark - 2 years longer than 4G. Subscriber growth for 4G was much faster than with previous generations, fueled by the capabilities of increasingly powerful smartphones and the availability of 4G devices. 5G subscriber growth will likely be a bit more muted at first due to the increased complexity of 5G cells and networks, but will pick up in 2023.
Compared to other regions, telematics in Latin America has historically been more focused on risk management. However, some markets like Brazil are beginning to mature while other new markets like Chile, Colombia, Peru and others are not as focused on security, proving that fleet management in Latin America is finally moving to other applications.
Market forecasts from ABI Research show that the revenues from the Internet of Things (IoT) application enablement platform (AEP)s grew by 28 percent in 2014. By end-2020, the revenue base will exceed $1.4bn, led by applications for remote monitoring and control.
E-commerce and globalization have changed the parcel delivery industry forever. However, while parcel volumes keep increasing so does the price of fuel, competition and pressure to reduce inner-city congestion.
ABI Research expects growth of 10 percent in mobile telecoms capital expenditure in Latin America, rising to $6.1bn. Upgrades and expansion of 3G WCDMA and 4G LTE coverage will result in radio access network-related spending capturing 40 percent of CapEx. Investment in small cell base stations is garnering momentum with 40 percent year-on-year growth in 2014 to $484m.
ABI Research forecasts that revenues from maintenance analytics will total $9.1bn this year. Following a CAGR of 22 percent, the market’s size will reach $24.7bn in 2019, driven largely by adoption of predictive analytics and M2M connectivity.
Although telematics technologies and services were first adopted by the long-haul trucking industry in the United States more than 20 years ago, adoption in the non-trucking sector is expected to equal the trucking industry in terms of numbers of connected vehicles by the end of 2014 and will dominate the commercial fleet telematics industry by the end of 2019, accounting for almost 50 million vehicles globally.