Emerging
markets, emerging challenges: Navigating your way through the telematics
market maze in Asia Pacific
Web
search is a dimension that everyone is exploring. I see a lot
of experimentation. Nick Pudar, VP of planning and business
development, GM OnStar
While
telematics services, navigation, in-car infotainment and ITS are
all making their mark all around the globe, it has had the greatest
impact and will continue to do so in Asia Pacific.
From
Japan, which has the world's leading market for car navigation,
to Korea where the main advances in portable navigation are found
to China and India, where rapidly escalating standards of living
promise to create the world's fastest-growing markets for both automobiles
and telematics, Asia Pacific is the place to be.
In
Korea, the government has identified telematics as the second-fastest
source of growth within the mobile telecommunications industry,
and is going to spent 134.2 billion by 2007 to develop core technology,
build industry clusters and train people. Source Telematics
market strategic analysis, KOTBA
Despite
all of its promise, however, the telematics market also faces some
of its most daunting challenges. From technical standards to consumer
preferences and from economics to social structure, the region presents
a dizzying mix of wildly divergent cultures, behavior and challenges.
How
to cover the market when its countries and consumers are so widely
divergent is the greatest challenge for marketers of telematics
services. Keeping up with so many sub-markets is a challenge in
itself, and deciding which opportunities to pursue and how is overwhelming.
How do you structure an offering for Japan or Australia, among of
the world's richest and most modern countries, and make it work
for the emerging economies of India and China as well? What of the
unsolved technical issues, from wireless bandwidth challenges to
the risk of trying to predict which device type (embedded, PND,
PMP, DMB, SmartPhone) will come out on top? Will government programs
and policies help or hinder? And how is anyone going to make money?
Find
out here
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