TechNavioTM Insights announces this week the release of its report The Global Positioning System Market 2008-2012. The demand for navigation devices is increasing due to a higher awareness towards positioning technology, decreased prices of navigation devices, enhanced user friendly features, and ease of access, says one of the TechNavioTM experts.
According to TechNavioTM, the Global GPS market is expected to reach $69,658 million by 2012 from 27,470 million in 2008; growing at a CAGR of 26 percent.
The report forecasts the size of the Global Positioning System Market over the period 2008-2012. It discusses the key market drivers, market trends, challenges of the Global Positioning System Market, and profiles some of the key vendors of this market.
If you wish to find out further insights concerning this report, please visit – https://www.technavio.com/content/global-positioning-system-market-2008-2012