GPS Device Shipments Reaching New Heights

Massive expansion of GPS technology in various industry verticals is leading to an anticipated CAGR growth of around 15% during 2012-2015, says RNCOS.

Noida, India (prHWY.com) July 26, 2012 - 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.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM443.htm

Some of our Related Reports are:

- World GPS Market Forecast to 2013 (http://www.rncos.com/Report/IM035.htm)
- World GPS Market Forecast to 2012 (http://www.rncos.com/Report/IM603.htm)
- Global RFID Market Forecast to 2014 (http://www.rncos.com/Report/IM378.htm)
- Global WiMAX Market Analysis (http://www.rncos.com/Report/IM600.htm)

Check Related REPORTS on: http://www.rncos.com/wireless-industry.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: world gps market

Categories: Communications

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