Global Positioning System (GPS) technology has developed its applications across various industries. Some applications are simple, such as determining a position, whereas others are complex blends of GPS with communications and other technologies. Over the past years, the rapid growth in GPS commercial applications has been observed by the firms building GPS satellites and equipments. In future, the GPS market is expected to flourish with shipments of GPS devices globally that are likely to grow at a CAGR of around 15% during 2012-2015 across the globe.
Research Analysis & Highlights
The report, “GPS Market Forecast to 2015”, which is spread across in 120 pages, covers extensive research and thorough analysis of the GPS market worldwide. All the current trends and developments of the GPS industry have been evaluated in the report. The report also features exclusive forecasts for various GPS application areas, including navigation, survey & mapping, machine control and other applications.
Our study also looks into the competitive landscape and provides strengths and weakness analysis and other significant information. Overall, the report will help clients analyze the driving forces and understand the opportunities existing in this industry.
Some of the report’s key highlights include:
- Smartphones to drive stronger GPS growth.
- GPS Manufacturers eyeing sports, fitness & healthcare segments.
- Countries deploying their own GNSS system.
- Vehicle Navigation dominates the GPS application market.
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