Smartphones to Drive Stronger GPS Growth

Worldwide shipments of GPS/LBS devices are projected to grow at a CAGR of 15% during 2012-2015, says RNCOS in its latest research report.

NOIDA, India (prHWY.com) August 14, 2012 - Worldwide shipments of GPS-enabled handsets are increasing and have become a standard feature in smart phones. Larger screens, combinations of features, better usability, and availability of various applications are at the heart of the revolution for smart phones' GPS. Growth projections are set to increase exponentially in the coming years. In addition, phone-based navigation has become the spotlight these days with Apple and Google each touting big improvements to their web-based mapping. For instance, Apple announced a homegrown mapping service for its iOS devices, including iPhone and iPad, effectively demoting Google Maps from those gadgets.

As per our findings, the market for Smartphone-based GPS technology has established its dominance in the past few years and expected to remain the major segment boosting the growth. The growing number of smartphones, technology convergence, mobile commerce, and location-based shopping are all expected to boost the GPS market worldwide in future. Our report covers the detail analysis of GPS market in various regions comprising the drivers of GPS application growth in these areas.

Further, according to a latest research report by RNCOS, "GPS Market Forecast to 2015," the shipments of GPS/LBS devices is growing significantly across the globe and further projected to grow at a CAGR of around 15% during 2012-2015. Besides, the global navigation satellite systems' (GNSS) technology, which is expected to be embraced by the positioning facilities through mobile phones and route guidance devices in the car, development of the GNSS market is anticipated to develop in the coming years. Even some of the countries like China, Japan, and India are focusing on deploying their own GNSS system which will further boost the GNSS market.

Our report 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. Our study also looks into the competitive landscape and provides strengths & weakness analysis and other significant information. Overall, the report will facilitate clients to analyze the driving forces and understand the opportunities existing in this industry.

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

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