|LBS News|| |
Steady growth in the consumption of mobile data, fixed broadband, VoIP and pay-TV services is set to help Malaysia’s telecom market remain viable through to 2021, according to GlobalData, a leading data and analytics company.
According to the company’s latest report, the sector, which has struggled since 2014, is expected to recover from 2019 onwards returning a flat performance of +0.01% growth through 2021 with estimated sales of $8.4bn, the same figure it posted in 2016. The Malaysian telecom services market suffered a revenue decline of 8.1% in 2016, mainly due to a weak economy, a price war on broadband services and a general decline in voice revenue. Revenues were further reduced as operators competed with each other to offer cheaper plans to counter weak consumer spending. Mobile services revenue is set for a flat compound annual growth rate (CAGR) of 0.8% until 2021, due to the huge erosion in mobile voice revenues caused by user migration from voice telephony to OTTcalling applications together with free calling offered by operators as part of bundle deals.
Navigation technology company, TomTom and Japanese mapping company, ZENRIN, recently announced their intention to collaborate on traffic services. The agreement pairs both the companies to deliver a powerful combination of services for the future of driving in Japan. TomTom Traffic offers up-to-date information on road conditions such as traffic jams, roadworks and accidents. ZENRIN produce Japan’s most detailed, accurate and richly attributed digital maps which can be used for navigation, geocoding, routing driver assistance, visualization and search, thereby allowing users to make smarter mobility decisions. www.businesswire.com
HERE has signed with Mitsubishi Electric as its partner in it’s the bid to pioneer the autonomous car. The companies will initially focus on ADAS (advanced driver assistance systems) such as cruise control, as those are technologies that are easily available right now. Eventually,advancements in current driver assistance features will pave the way for the fully autonomous vehicles of the future, for both HERE and Mitsubishi.
Apart from the features related to the familiar cruise control, HERE and Mitsubishi will also support smart lane-level guidance for vehicles based on real-time information about traffic conditions and incidents.
Panasonic’s autonomous driving system is expected to be launched in 2022. This move will help the Japanese company bridge its gap with rival suppliers in a fiercely competitive market. Panasonic, the exclusive battery cell supplier for Tesla Inc’s mass-market Model 3, has been revamping itself as a provider of advanced auto parts to escape the price competition of smartphones and other lower-margin consumer products.
The new autonomous driving system will enable autonomous driving at lowand medium-speed ranges including self-valet parking, Panasonic said.