China, Russia and India in the Automotive Telematics industry
Many
analysts across the world and unanimous on the fact, the Automotive industry is
witnessing a phase of digital revolution.
In effect, the stakes
the technology are increasingly appropriated, so that, over the next few years,
automobiles will be completely transformed into communication objects, according to Research and Markets.
One can observe that, in APAC region, Chinese
Government has rolled out a regulation for usage of fleet management solution
in every vehicle effective from 2014. Russia and India have a joint venture to
provide navigation services in India, which includes setting up the telematics
terminals and portable navigation devices.
For those who are unfamiliar, Telematics
are information and telecommunication products that combine computers and
telecommunication services for transferring large amounts of data in vehicles
in real-time.