Friday, February 3, 2012

Telematics V2V Predicted to $65 Billion by 2015

With products and services becoming standard for a number of manufacturers, Vehicle-to-Vehicle and V2X telematic solutions are gaining in popularity.
So much so, Telematics Update stated, “The global market for intelligent transportation systems is predicted to grow to nearly $65.4 billion through 2015.”
Reduction in crashes, fatalities, injuries and property damage has to outweigh the economic cost. There’s also a cost to the consumer, because auto makers just pass on the additional cost to the people who buy the vehicles.” – Alrik L. Svenson
With more innovative technology, new laws being put into place, and a growing number of drivers on the road everyday, new solutions to driver safety are being developed.
V2V and V2X technology, along with a GPS tracking device will prove beneficial to fleet management and adding to driver accountability and safety.

No comments:

Post a Comment