Safety and security telematics users to grow 4x to reach 300 M by 2018, ABI

ABI reports OEM and aftermarket safety and security telematics continues to see solid growth with the number of users to rise from 72 million at year-end to more than 300 million in 2018. “While safety and security mandates in Europe (eCall, 2015), Russia (ERA GLONASS, 2013), and Brazil (Contran, 2013) are on their way, car OEMs continue to roll out safety telematics services globally across their portfolio,” comments ABI Research VP and practice director Dominique Bonte. “Ford now also offers emergency calling in Europe as part of its SYNC launch and Mercedes recently extended the availability of its free eCall service on the COMAND Online multimedia system to nineteen countries in Europe. Clearly OEMs increasingly consider safety telematics as a commercial proposition and no longer await possible mandates which keep being postponed.” Closely linked to safety and security, insurance telematics or UBI, aims at both monitoring and improving driver behavior via instantaneous feedback or frequent summary reports, hereby reducing accident risk, according to ABI. Recent announcements suggest increasing interest from the likes of carriers with Vodafone unveiling partnerships with Towers Watson and AIG Europe, and Telefonica with Generali, adds ABI. ABI says the broader automotive safety and security challenge extends far beyond passive cellular telematics services with both ...