ABI Research forecasts that in 2011 the aggregate Japanese commercial telematics market will reach $267 mln, up from a 2006 level of just over $120 mln, amounting to a compound annual growth rate of 17%. In the same period, the South Korean market, an emerging opportunity for commercial telematics services, will show very strong growth, accounting for a high CAGR of between 38% to 41% in subscribers, hardware shipments, and market values.