ABI: Taiwan Rapidly Becoming Major Fleet Management Systems Production Center
October 22, 2007 // Published as a news service by IHS
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Commercial telematics has seen rapid growth in Taiwan over the past few years, even though most mobile operators have offered services since 2002.
According to ABI Research, Taiwanese fleet management system (FMS) vendors are not limited to their domestic market, and by 2012 are expected to capture 25% of a global market worth nearly $2.2 billion. Taiwanese FMS hardware shipments are forecast to reach 5.45 million units in 2012.
"Taiwan is a traditional IT production center," said ABI Research analyst Wang Tao. "ABI Research believes that Taiwan will also become a major worldwide FMS production center within five years."
Analysts said the new research indicates that within Taiwan's domestic market, the growth of logistics and transport demand, along with the e-enterprise requirements of its government, will drive a rapid development of the fleet management market, with service revenue showing a compound average annual growth of 28%, and subscriber numbers approaching 400,000 by the end of 2012.
"Monitoring and tracking, goods transportation status and anti-theft are the basic services provided in Taiwan's commercial telematics market; they are in strong demand for taxis, logistics and transportation services and dangerous goods shipments," Wang Tao said.
"Both mobile operators and telematics service providers, such as automaker Yulon Motor, provide these services, but they tend to address different markets. Yulon offers additional consumer-friendly options, such as emergency assistance and repairs, while the better status reporting offered by mobile operators appeals more to the enterprise."
Handset-based commercial telematics services and dashboard system-based commercial telematics services are both provided by Taiwan Chunghwa Telecom. Analysts said because handset-based systems cost less than dashboard terminals, they will be the main hardware products on Taiwan's domestic market.
Source: ABI Research.