RT #Handset #Navigation to Reach 180 Million by 2015

Using your mobile handset for navigation tasks is growing at a phenomenal rate, according to ABI research. Look for navigation help in more and more handsets over the next few years. R.C.J.


Here's what ABI says: A new ABI Research forecast for handset-based navigation shipments finds they are expected to grow at a Compound Annual Growth Rate (CAGR) of 43% over the next five years, rising from 30 million in 2010 to 181 million in 2015...As a consequence, the latest financial results from leading Personal Navigation Device vendors TomTom and Garmin show they are starting to suffer from saturating and even declining PND sales in North America and Europe. At the same time both companies’ entries into the handset space – with iPhone navigation software and the nüvifone range respectively – have seen mixed results...
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