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Tuesday, May 18, 2010

#Navigation Electronics Up 3X by 2015

Navigation will blossom over the next few years, tripling by 2015, according to this ABI report. Look for navigation to become a part of everything that moves over the next few years--cars, cell phones, cameras and more. R.C.J.


Here's what ABi says about its own report on UBM's Business Wire: Consumer Navigation Market to Reach 267 Million Shipments by 2015, Says ABI Research...A new ABI Research study forecasts that the global market for consumer navigation devices, services and systems will triple between 2010 and 2015, representing a Compound Annual Growth Rate (CAGR) of 25% over the next five years...This market transformation is having an effect on the industry as a whole. Traditional personal navigation device vendors are experiencing increased pressures on their bottom lines as they work to expand their presence. Furthermore, all ecosystem players must also find ways to compete with free offerings, differentiate their solutions, and meet the evolving needs of the consumer...
Full Text: http://bit.ly/NextGenLog-aDwQ