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Emerging Applications to Drive Growth in the Commercial Vehicle Telematics Market, According to New Report by Global Industry Analysts, Inc.

March 29, 2012 | No Comments

San Jose, California (PRWEB) March 26, 2012

Follow us on LinkedIn As connected vehicle technologies merge into the mainstream market, commercial vehicle (CV) telematics ecosystem is poised to witness refining technology developments, and expansion in application services. Third generation telematics services are expected to gradually make their presence felt in the telematics space. The novel services would be a combination of a host of innovative functionalities including driver interactive vehicle applications (DIVA), vehicle relationship management (VRM), valuable inputs about vehicles surrounding environment, voice-activated Web access, and diagnostics information related to performance of the vehicle. As cars become more technologically advanced and even complex, they would increasingly depend upon driver information systems that act as user interface for both on-board and off-board information. The growing use of embedded controllers has more or less acted as a catalyst for Telematics, which means that varied kinds of onboard and off-board diagnostics, inclusive of the downloadable ones, and other updates can move via wireless technology between the automobiles and service providers.

The trucking industry continues to remain the largest and most lucrative end-user of CV telematics. Deregulation of the trucking industry in the US and the ensuing competition has positively impacted the market, as companies leveraged telematics enabled fleet information systems to compete and differentiate themselves in the marketplace. Pushed against the wall to generate cost savings, greater efficiencies and conform to stringent delivery requirements, trucking companies are turning to telematics as a panacea for solving operational issues of commercial and private fleets. As fleets and transportation industry become more conversant and dependent upon vehicle electronics and wireless data networks, its opportunities galore in this space.

Government intervention will also support growth in the upcoming years. For instance, governments across the world are emphasizing on the use of telematics technologies to tackle safety and traffic congestion issues. Legislations that mandate the use of telematics for quicker emergency response is helping drive demand for telematics hardware. Interest from automakers also promises to offer opportunities on a platter. The importance of telematics can be put into perspective by the belief that in the future consumer loyalty to automotive brands will be influenced by connected vehicle services supported by auto OEMs. Auto manufacturers are quickly and smartly latching onto the opportunity to transform their static map-readers into intelligent devices that can offer a host of services such as traffic avoidance. Telematics systems in the commercial vehicle segment are expected to increase significantly on account of OEMs efforts to differentiate their product offerings from competitors. With telematics systems, vehicle owner can improve route planning, effectively analyze, monitor, and optimize driver behavior, and consumption of fuel for operation cost optimization.

While the automobile industry in most regions across the world is continuing to recover from the 2007-2009 world recession, the industry in Europe is running into fresh set of challenges. The European automobile industry currently continues to vacillate between optimism and fear, marring sentiments in an otherwise recovering auto industry in the region. Nervous over the play out of the sovereign debt crisis drama, the domestic industry is facing immediate hurdles, such as, credit restriction, consumer indecisiveness, fears of slowing vehicle sales, high labor costs, and possible collapse of consumer confidence in the event of escalation in the severity of the debt crisis. The heat raised by the Euro debt crisis in the auto industry in the EU is reflected by the growing concerns voiced by auto majors like Ford, General Motors, Fiat, over the volatile and fluctuating profits being recorded in the region. At the extreme pessimistic end of the spectrum, bearish market outlook indicates that multiple defaults by debt ridden economies could trigger a collapse of the Euro as a common currency. The return to local currency, although currently not seen as likely, can spell doom pushing the automobile industry into a complete meltdown like the one witnessed during the 2007-2009 recession. A more balanced outlook is the possible exit of the debt ridden economies, Portugal, Italy, Ireland, Greece and Spain, from the European Union. A return to local currencies, which would be massively devalued, will also bring in critical implications for the industry in Western Europe.

The odds are in favor of the automobile industry given the current guarded optimism over the governments latest attempts to rein in the debt crisis, which in effect discounts the impact of a possible Eurozone crisis, which is still not confirmed as a technical recession. Also, the 2007-2009 recession inspired adoption of leaner inventory holding strategies and restructured cost bases, and shrewd expansion into developing countries to minimize risk exposure in domestic markets, now has the automotive industry in the region better equipped to weather a possible Eurozone slowdown.

Nevertheless, auto makers in the region remain concerned and are continuing to lobby for a quicker intervention of the European leaders in resolving the debt crisis. Currently, however production continues to hold up even in the face of weaker than expected growth and optimism remains with no downgrade in the outlook for auto production. Although short-termed, concerns of the automobile industry are currently alleviated with news about the governments in EU legislating additional bailouts which in effect kicks the EU debt can further down the road. Although these short-term solutions do not provide a permanent solution to the crisis and in reality indicates deferring of conclusive, corrective action, market sentiments are nevertheless encouraged.

As stated by the new market research report on Commercial Vehicle Telematics, United States ranks as the largest market worldwide. Asia-Pacific is forecast to witness the strongest growth trailing a projected CAGR of 22.5% over the analysis period.

Major players in the marketplace include AirIQ, ETAS Group, OnStar Corporation, Agero Inc., QUALCOMM, WebTech Wireless, Ctrack, Trimble Transport & Logistics and Wireless Matrix Corporation, among others.

The research report titled Commercial Vehicle Telematics: A Global Strategic Business Report announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections (in US$ Million) for major geographic markets including the United States, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. North American and European markets are further analyzed by Telematics (TM) Hardware and TM Services.

For more details about this comprehensive market research report, please visit

http://www.strategyr.com/Commercial_Vehicle_Telematics_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.Str

Emerging Applications to Drive Growth in the Commercial Vehicle Telematics Market, According to New Report by Global Industry Analysts, Inc.

March 29, 2012 | No Comments

San Jose, California (PRWEB) March 26, 2012

Follow us on LinkedIn As connected car technologies merge into the mainstream industry, commercial automobile (CV) telematics ecosystem is poised to witness refining technology developments, and expansion in application services. Third generation telematics services are expected to gradually make their presence felt in the telematics space. The novel services would be a combination of a host of innovative functionalities like driver interactive automobile applications (DIVA), car relationship management (VRM), beneficial inputs about vehicles surrounding environment, voice-activated Internet access, and diagnostics data related to overall performance of the car. As automobiles grow to be a lot more technologically advanced and even complex, they would increasingly rely upon driver details systems that act as user interface for both on-board and off-board information. The growing use of embedded controllers has far more or less acted as a catalyst for Telematics, which signifies that varied kinds of onboard and off-board diagnostics, inclusive of the downloadable ones, and other updates can move via wireless technologies in between the automobiles and service providers.

The trucking business continues to remain the largest and most lucrative end-user of CV telematics. Deregulation of the trucking business in the US and the ensuing competitors has positively impacted the market place, as organizations leveraged telematics enabled fleet information systems to compete and differentiate themselves in the marketplace. Pushed against the wall to produce cost savings, higher efficiencies and conform to stringent delivery needs, trucking businesses are turning to telematics as a panacea for solving operational concerns of commercial and private fleets. As fleets and transportation market become a lot more conversant and dependent upon vehicle electronics and wireless information networks, its opportunities galore in this space.

Government intervention will also assistance growth in the upcoming years. For instance, governments across the planet are emphasizing on the use of telematics technologies to tackle security and targeted traffic congestion concerns. Legislations that mandate the use of telematics for quicker emergency response is helping drive demand for telematics hardware. Interest from automakers also promises to offer you opportunities on a platter. The importance of telematics can be place into perspective by the belief that in the future customer loyalty to automotive brands will be influenced by connected car services supported by auto OEMs. Auto manufacturers are speedily and smartly latching onto the opportunity to transform their static map-readers into intelligent devices that can provide a host of services such as traffic avoidance. Telematics systems in the commercial car segment are expected to enhance considerably on account of OEMs efforts to differentiate their product offerings from competitors. With telematics systems, vehicle owner can improve route preparing, efficiently analyze, monitor, and optimize driver behavior, and consumption of fuel for operation cost optimization.

Even though the automobile business in most regions across the globe is continuing to recover from the 2007-2009 planet recession, the sector in Europe is running into fresh set of challenges. The European automobile market at the moment continues to vacillate between optimism and worry, marring sentiments in an otherwise recovering auto industry in the region. Nervous over the play out of the sovereign debt crisis drama, the domestic sector is facing instant hurdles, such as, credit restriction, consumer indecisiveness, fears of slowing automobile sales, high labor costs, and feasible collapse of customer self-confidence in the event of escalation in the severity of the debt crisis. The heat raised by the Euro debt crisis in the auto industry in the EU is reflected by the expanding issues voiced by auto majors like Ford, General Motors, Fiat, over the volatile and fluctuating income getting recorded in the region. At the extreme pessimistic finish of the spectrum, bearish industry outlook indicates that several defaults by debt ridden economies could trigger a collapse of the Euro as a typical currency. The return to neighborhood currency, although currently not noticed as likely, can spell doom pushing the automobile market into a complete meltdown like the a single witnessed throughout the 2007-2009 recession. A a lot more balanced outlook is the feasible exit of the debt ridden economies, Portugal, Italy, Ireland, Greece and Spain, from the European Union. A return to local currencies, which would be massively devalued, will also bring in critical implications for the market in Western Europe.

The odds are in favor of the automobile market offered the existing guarded optimism more than the governments most recent attempts to rein in the debt crisis, which in effect discounts the influence of a possible Eurozone crisis, which is still not confirmed as a technical recession. Also, the 2007-2009 recession inspired adoption of leaner inventory holding tactics and restructured expense bases, and shrewd expansion into creating countries to reduce threat exposure in domestic markets, now has the automotive business in the region better equipped to climate a possible Eurozone slowdown.

Nevertheless, auto makers in the region stay concerned and are continuing to lobby for a quicker intervention of the European leaders in resolving the debt crisis. At present, even so production continues to hold up even in the face of weaker than expected growth and optimism remains with no downgrade in the outlook for auto production. Even though short-termed, issues of the automobile market are presently alleviated with news about the governments in EU legislating extra bailouts which in impact kicks the EU debt can additional down the road. Though these brief-term solutions do not provide a permanent remedy to the crisis and in reality indicates deferring of conclusive, corrective action, market place sentiments are nevertheless encouraged.

As stated by the new industry analysis report on Commercial Vehicle Telematics, United States ranks as the biggest marketplace worldwide. Asia-Pacific is forecast to witness the strongest growth trailing a projected CAGR of 22.five% over the analysis period.

Main players in the marketplace incorporate AirIQ, ETAS Group, OnStar Corporation, Agero Inc., QUALCOMM, WebTech Wireless, Ctrack, Trimble Transport &amp Logistics and Wireless Matrix Corporation, among other people.

The investigation report titled Commercial Vehicle Telematics: A Global Strategic Organization Report announced by International Sector Analysts, Inc., provides a complete critique of market trends, troubles, drivers, company profiles, mergers, acquisitions and other strategic market activities. The report provides industry estimates and projections (in US$ Million) for significant geographic markets including the United States, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of Planet. North American and European markets are further analyzed by Telematics (TM) Hardware and TM Services.

For far more specifics about this complete market analysis report, please check out

http://www.strategyr.com/Commercial_Automobile_Telematics_Market_Report.asp

About Global Market Analysts, Inc.

Global Sector Analysts, Inc., (GIA) is a top publisher of off-the-shelf market study. Founded in 1987, the organization presently employs over 800 folks worldwide. Annually, GIA publishes much more than 1300 full-scale research reports and analyzes 40,000+ industry and technologies trends while monitoring a lot more than 126,000 Companies worldwide. Serving over 9500 customers in 27 countries, GIA is recognized nowadays, as one particular of the world’s biggest and reputed industry analysis firms.

Follow us on LinkedIn

International Business Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Web site: http://www.Str

Global Travel and Leisure Industry Drive Home Substantial Revenues, as Tourism Turns Into a Cultural Norm, According to New Report by Global Industry Analysts, Inc.

February 7, 2012 | No Comments

San Jose, California (PRWEB) January 30, 2012

Follow us on LinkedIn The fortunes in the outbound travel &amp leisure segment and to a particular extent, the trends in the inbound travel are very a lot dependent on a sound economic climate. Bleak economic prospects, lack of job security, low wage growth, less disposable revenue, high interest rates, fiscal tightening and others are all major variables that dampen the spirits and deter the traveller, thereby blocking the conduits by way of which cash flows into the travel and tourism industry. Over the coming years, travel and leisure sector outlook appears promising with rise in consumer spending on travel and tourism for both holiday and organization trips. Despite the fact that the global economic downturn in 2009 took a heavy toll on the travel sector planet more than, with drop in quantity of international arrivals and global outbound sales, the industry was quick to reverse the trend and get back on track in 2010. There was a marked improvement in international arrivals statistics, primarily owing to the impressive efficiency by developing regions such as Asia-Pacific and South America. The on-line travel market place stayed insulated from the economic downturn, exhibiting consistent rise in sales and profitability. The vacation rental sector also defied all odds by staying afloat in the recessionary phase, primarily due to its widespread presence across the web, thereby delivering effortless accessibility and affordability.

A segment that has witnessed remarkable growth in latest instances is the brief trips category, with low price airlines driving up general demand. About 50% of outbound travel is produced by air, and slashes in airlines fare across the world have had a discernible positive effect on the volume of site visitors in the travel sector. In addition, with escalating quantity of females taking to travel for both business and leisure, the travel and leisure sector is poised for growth not just in terms of revenue, but also with respect to development of high-priced and handy women-friendly facilities. A majority of the ladies customers travel abroad for organization, and often combines enterprise travels and leisure trips. Taking this into account, business hotels have enhanced their offerings to contain girls friendly solutions such as spas, salons, childcare facilities, and boutiques.

Asia is emerging as a important market for each inbound and outbound tourism visitors, with China, India, and South Korea representing 3 main Asian destinations for majority of outbound travel. In the fray are other exotic regions outsides Asia such as Mexico, Brazil, Spain, Italy, Russia, and Norway. Unconventional or second-layer vacations spots have taken over popularity of standard destinations. Furthermore, unique attractions such as the multi-generational loved ones trips and epicurean journeys are expected to grow to be a vibrant trend in the near future. Overtaking Spain, China became the third top nation to be most visited, even though luxury cruises in Egypt, Zimbabwe and India attracted several foreign tourists.

The analysis report titled Travel and Leisure: A Global Outlook announced by International Business Analysts, Inc., gives a collection of statistical anecdotes, industry briefs, and concise summaries of study findings. The report offers a birds eye view of the effervescent and dynamic planet of travel and leisure, and a peek into prevailing scenario with data-rich tables providing statistical findings on important regional and international parameters such as, tourist arrivals, tourism expenditure /receipts and spending on travel solutions amongst other people. The report delivers crisp primers on emerging trends shaping the industrys future, and insights into the spate of current mergers and acquisitions, and other noteworthy corporate developments. Travel marketplace trends and demographic behavioral patterns are neatly outlined, and illustrated with supporting market place information tables. Other regional markets briefly summarized, and annotated with tables consist of Canada, Japan, Austria, Belgium, Denmark, Finland, France, Germany, Italy, Spain, Sweden, Switzerland, The Netherlands, UK, Australia, China, Hong Kong, India, Korea Egypt and other people. Also included is an indexed, straightforward-to-refer, truth-finder directory listing the addresses, and contact specifics of organizations globally.

For far more facts about this complete market report, please go to

http://www.strategyr.com/Travel_and_Leisure_Sector_Market_Report.asp

About International Market Analysts, Inc.

International Business Analysts, Inc., (GIA) is a top publisher of off-the-shelf market place research. Founded in 1987, the company at the moment employs more than 800 individuals worldwide. Annually, GIA publishes more than 1300 full-scale investigation reports and analyzes 40,000+ market and technology trends although monitoring more than 126,000 Businesses worldwide. Serving over 9500 clientele in 27 countries, GIA is recognized these days, as 1 of the world’s largest and reputed marketplace research firms.

Follow us on LinkedIn

Global Market Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

E mail: press(at)StrategyR(dot)com

Net Web site: http://www.StrategyR.com/

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Global Hotel Industry to Reach US$479 Billion by 2015, According to a New Industry Report by Global Industry Analysts, Inc.

January 19, 2012 | No Comments

San Jose, California (PRWEB) January 18, 2012

Follow us on LinkedIn Rapid changes in the global economy are sweeping all sectors of business and the hotel industry cannot be immune to it. Demand for hotel rooms, which slumped during the recession period, is on a rebound in line with recovery in economic scenario. Luxury hotels in the US are exhibiting a more resilient recovery compared to other segments of the industry post recession. Though the recovery rate is fast, luxury hotels segment still lags in the revenue-per-room and occupancy percentage. A host of new constructions is expected to come up in near future as hoteliers lineup a pipeline of new hotel developments for addressing rising demand for hotel rooms and services. Healthy hotel services such as wellness & healing programs, as well as customized menus are an emerging trend in the current hospitality industry.

Saturation in the developed markets led major players in the hotel industry to explore other lucrative international markets that include regions with fast economic growth prospects. The hotel industry in China is a global frontrunner as the countrys economy is the fastest emerging market. In addition, India, a developing global business hub, offers attractive investment propositions for both upscale branded and moderate-tier hotels. With the hospitality industry focusing on making travelling a healthy experience, especially for regular travelers, new practices such as wellness and healing programs including hypno-therapy and acupuncture are being incorporated in the service menu.

Hotels are increasingly becoming targets for criminal attacks and cyber breaches. Consequently, the industry is encouraging the adoption of security standards with more tracking cameras and documentation of guests. Budget reduction, a prominent trend being adopted by the hotel industry post recession, is primarily affecting the IT infrastructure of hotels, leading to outsourcing of the same. Hotel management companies are focusing on cost effective solutions such as cloud computing that save on labor costs as well as large scale capital expenditures. The hospitality industry is subject to major changes as economic and social schemes of the industrial era take new shape in the current knowledge-based, technology driven global business scenario. The success of hotel organizations in the future is dependent on their ability to foresee and adapt to these changes.

The research report titled Hotel Industry: A Global Outlook announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the global hotel industry, identifies major short to medium term market challenges, and growth drivers. Market discussions in the report are punctuated with fact-rich market data tables. Regional markets elaborated upon include United States, Canada, United Kingdom, Russia, Spain, China, India, Middle East and Latin America, among others. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.

For more details about this comprehensive industry report, please visit

http://www.strategyr.com/Hotel_Industry_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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