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Global Positioning System Market 2011-2015
Infiniti Research Limited, September 2012, Pages: 32
TechNavio's analysts forecast the Global Positioning System market to grow at a CAGR of 25.8 percent over the period 2011-2015. One of the key factors contributing to this market growth is the growing demand for GPS in smartphones. The Global Positioning System market is also witnessing an increase in the demand for GPS car navigation systems. However, the lack of accuracy in GPS information could pose a challenge to the growth of this market.
TechNavio's report, the Global Positioning System Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Global Positioning System market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Garmin Ltd., MiTAC International Corp. and TomTom International BV.
Other vendors mentioned in this report include Trimble Navigation Ltd. and DeLorme.
Key questions answered in this report:
What will be the revenue of the market in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
You can request one free hour of analyst time when you purchase this report. Details provided within the report.
TechNavio Announces the Publication of its Report - Global Positioning System Market 2011-2015
TechNavio today launched its report Global Positioning System Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers' understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio's Hardware team said: ''The fast growth in Global Positioning Systems (GPS) technology is a major trend in the GPS market. Vendors of the GPS market design the GPS by focusing on the end-users’ requirements. Technological advancements in GPS are in terms of improving the navigation capabilities along with adding extra features. With the technological advances GPS is designed with communications and other technologies such as voice-guided in-car navigation, voice-guided pedestrian navigation, mobile maps, mobile map applications, people tracking, tracking and tracing (commercial applications), location-enabled search, and advertising.''
According to the report, the growing demand for GPS in smartphones is one of the major growth drivers of the GPS market. Currently, almost nine out of ten smartphones are GPS-enabled and in future it is forecast to be the major segment for revenue contribution to this market. With an embedded GPS receiver and mapping service in smartphones, users are able to obtain real-time position tracking, text and voice-guided directions, and desired locations.
Further, the report also discusses that one of the major challenges affecting the growth of the GPS market is its lack of accuracy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
01. Executive Summary
03. Market Coverage
04. Market Landscape
GPS Unit Shipment
04.1 Five Forces Analysis
05. Geographical Segmentation
06. Vendor Landscape
07. Buying Criteria
08. Market Growth Drivers
09. Drivers and their Impact
10. Market Challenges
11. Impact of Drivers and Challenges
12. Market Trends
13. Key Vendor Analysis
13.1 Garmin Ltd.
13.2 TomTom International BV
13.3 MiTAC International Corp.
14. Other Reports in this Series
List of Exhibits:
Exhibit 1: Global Positioning System Market 2011-2015 (US$ billion)
Exhibit 2: Global Positioning System Market by Unit Shipment (in millions)
Exhibit 3: Global Positioning System Market by Geographical Segmentation 2011
Exhibit 4: Global Positioning System Market by Vendor Segmentation 2011
Exhibit 5: Global Smartphone Market by Unit Shipment 2011-2015 (in millions)
Garmin, MiTAC International, TomTom International BV, Trimble Navigation, DeLorme