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Follow on Google News | World GPS Market Technology and developments Available through BhatatbookBharatbook added a new report on "World GPS Market Forecast to 2013" which gives snapshot of the future potential of the Worldwide GPS Market. By RNCOS.
By: Bharatbook Global Positioning System (GPS), a satellite-based navigation system developed by the U.S. Department of Defense, provides a consistent and accurate method of simplifying navigation. It provides flexibility of positioning for surveying, navigation and Geographic Information System (GIS) data capture. With the increasing use of mobile location technologies in automotive and consumer applications, it is expected that mobile location technologies market will grow at a CAGR of about 20% to cross US$ 70 Billion by 2013, says “World GPS Market Forecast to 2013”, a new market research report. ( http://www.bharatbook.com/ The latest industry trend of technology convergence is expected to integrate GPS with RFID, and other technologies. Also, the technology is gaining rapid acceptance in the areas that were earlier untapped. Thus, the number of subscribers of GPS-enabled location-based services is anticipated to grow substantially in near future, with market revenue touching the mark of US$ 10 Billion by 2013. Speedy enhancements and developments in digital mapping software are presenting this positive outlook for the industry. With the emergence of GPS technology in automation of heavy machinery, the market is expected to take a shift from personal use to commercial use. The technology provides heavy equipment to be managed in a cost-effective manner. Our report also analyzes the impact of economic turmoil on the GPS industry. The year 2009 was crucial for the overall development of the GPS industry in the regions such as North America and Europe. Emerging countries like India and China will continue to witness rapid growth in the adoption of GPS technology. India’s navigation and telematics system market is projected to grow at a CAGR of around 16% during 2010-2013 to reach around US$ 48 Million by 2013. “World GPS Market Forecast to 2013” provides a complete overview of the GPS market worldwide. All the current trends and developments of the GPS industry have been evaluated in the report. Key geographic markets, including the US, Canada, Japan and other Asian countries, have been specially focused in the research. Our research report offers prudent analysis of end-user applications, such as Survey/Mapping, In-vehicle Navigation, Machine Control, etc. It also unveils that opportunities remain to be tapped for different vertical segments of the GPS market, including chipset availability, new advanced access devices, and the PND market. To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/ Related Reports : GPS Navigation Market - Portable Navigation Devices http://www.bharatbook.com/ Global Positioning System (GPS) Market in China 2008-2012 http://www.bharatbook.com/ Or Contact us at : Bharat Book Bureau Tel: +91 22 27578668 Fax: +91 22 27579131 Email: info@bharatbook.com Website: www.bharatbook.com Follow us on twitter: http://twitter.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. End
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