ABI Predicts 14 Million Vehicles Will Have Wireless Fleet Management Systems

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AGORACOM-GT

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ABI Predicts 14 Million Vehicles Will Have Wireless Fleet Management Systems

posted on Aug 28, 2008 10:55PM

Good morning to you all. In an effort to keep BSM shareholders up to date with industry news and research, we're happy to provide you with an article out of IT World Canada in which ABI Research predicts 14,000,000 North American vehicles will have wireless fleet management systems within 5 years.

This is significant when you consider the current figure stands at 4,000,000 vehicles, representing an annual growth rate of 31% and significant opportunity for companies like BSM Technologies.

In addition, BSM investors will also be interested in a press release issued by ABI Research on August 21 titled Business Benefits Drive Fleet Management Systems Growth that includes the following interesting graph that illustrates global growth for the industry: