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Global Positioning System (GPS) is a revolutionary tool, which provides unequal accuracy and flexibility of positioning for navigation, surveying and Geographic Information System (GIS) data capture. The GPS market is witnessing a steady growth on the back of increasing usage in vehicle navigation, fleet management, asset tracking, surveying/mapping, public safety, aviation, marine, aeronautical and consumer GPS markets. As per our newly updated research report "World GPS Market Forecast to 2013", the worldwide shipments of GPS devices is projected to grow at a CAGR of over 20% between 2010 and 2013.

The global shipments of GPS-enabled mobile handsets, in particular, are expected to grow at a CAGR of over 25% between 2010 and 2013. Our team of experts has done detailed analysis and has identified various factors that will be contributing towards the future growth of the GPS-enabled handsets market. Moreover, with the arrival of GPS-enabled handsets for 3G/WCDMA networks, the GPS mobile handset market will constitute over 65% of the total GPS devices shipped by 2013.

In addition to this, our research provides in-depth analysis on the major geographical markets such as North America, Europe and Asian-Pacific. Our report projects that among all the geographical regions, Asia-Pacific region will lead the future growth in GPS-enabled mobile phone market. Our research also highlights the reasons that will make Asia-Pacific a dominant player in the GPS-enabled handsets shipment by 2013.

Our research provides detailed information about the end-user applications, including In-vehicle Navigation, Survey/Mapping, Machine Control and others. We have carried out thorough analysis of the current market trends and developments vital for the success of the overall GPS market. Besides this, the report gives brief business profile of the key GPS device manufacturers in the world including their strengths and weaknesses.

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