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Safety, security telematics users to reach 30 crore by 2018

Posted: 19 Mar 2013     Print Version  Bookmark and Share

Keywords:safety  security  telematics  GLONASS  UBI 

The growth in safety and security telematics users is set to quadruple from 7.2 crore at year-end to more than 30 crore in 2018, according to a report by ABI Research.

"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 behaviour 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.

For more statistics and forecasts, click here.

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