Abstract
SBD' s newly issued report, An Insight into the Future Trends for Telematics in
Europe, presents a unique insight into the key issues and challenges facing
governments and the automotive and insurance industries.
It provides a high level analysis of the key services that could enable a
future mass market for telematics in Europe, by considering the relative
importance and potential of nine key telematics/ITS services, including:
e-call; pay-as-you-drive insurance; traffic information; stolen vehicle
tracking and hybrid navigation.
Additionally, the report summarises the services currently provided by
individual vehicle manufacturers and the level of coverage on a
country-by-country basis across Europe, and presents SBD' s considered opinion
on how the industry will evolve up to and beyond 2010.
SBD report author and Director of Telematics David McClure said: “We
have witnessed a dramatic change in the telematics industry in recent years,
with the initial dominance of vehicle manufacturers being replaced by the
business needs and policy objectives of the insurance industry and European
governments.
“But in order for them to realise their goals, we need to see a
step-change from the current situation, where each telematics service requires
different in-car hardware, to a point where all applications can be supported
on a single platform. This will require major investment and at present, none
of the principle stakeholders appears willing to make the commitment alone,
each preferring to ' piggyback' their services off a system installed at
someone else' s expense.
“Our report clearly illustrates the benefits that can be achieved once
the present impasse is resolved.”
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