gps 2010
World GPS Market Forecast to 2012
Bharatbook.com is pleased to announce a new report entitled "Market Forecast GPS World 2012 ".
Global Positioning System (GPS) is a revolutionary tool that offers unparalleled accuracy and flexibility positioning for navigation, surveying and geographic information system (GIS) data capture. The increasing use of automobiles and consumer applications drives the market for mobile location technologies. Although standalone products are quite popular, the most common applications are Systems built around GPS devices (PNDs), mobile phones or car navigation systems. In addition, technology has quickly gained the world wide acceptance, as it is to penetrate into previously untapped areas, says "World GPS Market Forecast to 2012" report the market for new research.
The report presents a comprehensive review of market trends, drivers, challenges, and opportunities are vital to the success of GPS industry across the world. Analysis is presented for major geographic markets such as USA, Canada, Europe, Japan and other Asian countries like India and China. The report provides a detailed analysis of end-user applications, including in Vehicle Navigation, Survey / Mapping, Machine Control, and others.
Key Results
Currently, Japan has the highest penetration in-vehicle navigation system followed by North America and European countries.
The 2008 Olympic Games in Beijing and Expo Shanghai in 2010 would trigger an explosion in the commercial market telematics in China.
With the rapid development of GPS market in countries like China and India, the majority of navigation systems are expected to be shipped to Asia-Pacific by 2012.
Taiwan become a destination for the manufacture of GPS products on the world map, attracting major players to set their production facilities in the country.
With the increasing demand Navigation Services, the global market for Location Based Services (LBS) is likely to grow at a CAGR of over 104%.
In 2007, PNDs dominated the market GPS with a market share of over 90%. However, this share is expected to get disturbed by the presence of GPS-enabled phones that represent approximately 78% market by 2012 end.
Opportunities remain untapped for various vertical segments of GPS market, as in the new access devices advanced chipset availability, and PND market.
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About the Author
About Bharatbook.com:
Bharat Book Bureau facilitates companies to take the lead of their industry with best practice business strategies and intelligence, through a unique combination of published reports, databases, country reports, company profiles and customized research services. Bharat Book Bureau provides strategic information tools to the executives, business analysts, and knowledge managers that will help them to probe into and support critical, timely business decisions and strategies.
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