Telematics Market to Grow at Rapid Rate

With the increasing use of mobile location technologies in automotive and consumer applications, it is expected that the global mobile location technologies market will grow at a CAGR of about 20% to cross US$ 70 Billion by 2013. As per our recent research report “World GPS Market Forecast to 2013”, India’s navigation and telematics system market is projected to grow at a CAGR of around 16% during 2010-2013, while the global market for telematics will grow at a CAGR of over 20%. Owing to the application of GPS technology in the automation of heavy machinery, the market will shift from personal use to commercial use.

 

To study the global GPS market, we have segregated it into different sections. These sections include - analysis by segment, subscriber, application areas and regional study. Various application areas like vehicle navigation, surveying and mapping and machine control are analyzed in the report. Besides, the GPS markets of different countries across the globe have been studied. These countries are chosen on the basis of current market trends and future growth potential. Countries analyzed in the report include - the US, Canada, the UK, France, Germany, Russia, Japan, China, South Korea and India.

 

Based on the recent news, our report focuses on the current industry trends. The impact of GPS on verticals and potential growth areas has been analyzed to give the client a complete overview of the market. Leading players of the GPS industry along with their strengths and weaknesses are studied in the report. This will help to get the business outline of all these players.

 

“World GPS Market Forecast to 2013” focuses on the growing marketplace for the GPS industry across the globe. The report studies all prominent market segments including telematics, portable navigation devices (PND’s) and Fleet management system (FMS). It also gives statistical data for all these segments to help clients identify the factors critical to their successful market penetration and gain early entry advantages.

For more information visit: http://www.rncos.com/Report/IM035.htm