Chinese Market for Commercial Telematics to Exceed $300 Million by the End of 2007.SINGAPORE -- After a long period of slow activity, Chinese commercial telematics has seen rapid growth over the past two years. The Chinese market for fleet management systems (FMS FMS - Flexible Manufacturing System (factory automation). ) is expected to be worth in excess of $300 million by the end of 2007, according a new study from ABI Abi (ā`bī) [short for Abijah], in the Bible, King Hezekiah's mother. (Application Binary Interface) A specification for a specific hardware platform combined with the operating system. Research. By 2012, the value of this market is expected to be nearly $786 million. Subscriber numbers will reach 2.6 million by the end of 2012, with a compound average annual growth rate of 46%. The summer Olympic Games The Summer Olympic Games or the Games of the Olympiad are an international multi-sport event held every four years, organised by the International Olympic Committee. in 2008 in Beijing and the World Expo in 2010 in Shanghai are expected to trigger an explosion in the commercial telematics market. Most of the taxis and public buses in these two cities have GPS-enabled fleet management systems installed. "The taxi and bus monitoring and tracking market has a penetration rate of 80% in this region," says Wang Tao
Wang Tao , ABI Research analyst. "We forecast rapid growth for the Chinese commercial telematics market, particularly because of the intense competition among short-range specialty logistics companies and couriers, who are implementing FMS to increase their delivery efficiency and competitiveness." The research indicates that the growth of the logistics and transport markets will drive a rapid development of the Chinese fleet management market, with hardware shipments showing a compound annual growth rate of 23%. Wang Tao notes that, "Monitoring and tracking are the basic services basic services, n.pl frequently insurance companies split dental procedures into basic and major categories. Basic services usually consist of diagnostic, preventive, and routine restorative dental services. of China's commercial telematics market, in strong demand for taxis, special cars, and logistics and transportation services. Due to the requirements of the road safety and security laws, vehicle data records are another standard function for fleet management system in this region." ABI Research's new study, "Fleet Management Systems in China" (http://www.abiresearch.com/products/market_research/Fleet_Management_ Systems_in_China) identifies the requirements of different market segments, and discusses the opportunities and challenges of Chinese commercial telematics. The report shows how laws and regulations will impact the development of this market, and presents Chinese fleet management market forecasts for hardware shipments, subscribers, service value, and total market value. It forms part of the firm's Commercial Telematics Research Service (http://www.abiresearch.com/products/service/Commercial_Telematics_ Research_Service), which includes other Research Reports, Research Briefs, Market Data, Online Databases, ABI Vendor Matrices, ABI Insights, and analyst inquiry support. (Due to their length, the preceding URLs may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) Founded in 1990 and headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , ABI Research maintains global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. supporting annual research programs, intelligence services and market reports in broadband and multimedia, RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. & contactless, M2M M2M Machine-to-Machine (communication, mainly mobile) M2M Minutes to Midnight (Linkin Park album) M2M Mobile to Mobile (cellular phone) M2M Member-to-Member M2M Month to Month , wireless connectivity, mobile wireless, transportation, and emerging technologies. For information visit www.abiresearch.com, or call +1.516.624.2500. |
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