|
|
Article: Portable Navigation Devices Will Nearly Double in 2007 as Consumer Navigation Market and GPS Technology Turn a Corner, Says IDC.(Company overview)
- Article from:
- Business Wire
- Article date:
- September 10, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
FRAMINGHAM, Mass. -- Greater public awareness, lower entry price points, more sophisticated features, and additional channels of distribution are all key trends contributing to the surge in demand for consumer navigation devices. Portable navigation devices (PNDs) remain the most popular segment of the consumer navigation market, representing 62% of the total worldwide market and nearly doubling in size with 93% growth over last year. IDC expects the entire consumer navigation market to grow by 53% worldwide in 2007.
By far the largest regional market represented in IDC's forecast is Western Europe, where the PND segment has been historically strong, followed by ...