new press release on GPS market forecast

According to a press release that came out yesterday shipment of GPS and location based services will grow at a compound annual rate of 15% during the next three years which will add up to 1 billion units by 2015.

Since countries other than US are deploying their own satellite based navigation systems such as Japan, China, and India GPS technology is expected to be embraced at a higher rate in these regions.

The study suggests most of the boost in this segment will come from smartphone based GPS systems as it was established within the past years.

Uses of GPS technology is very wide which includes academic, business, aviation, maritime, construction, scientific, weather and various other fields.

4 Responses to “new press release on GPS market forecast”

  1. mencho Says:

    its good but is it multilingual..thanx

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    new press release on GPS market forecast — NaviGadget…

  4. South Africa Radio Says:

    Very good equipment you have here.dedd

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