TechNavio today published its report GPS Navigation and LBS Market in North America 2010-2014. The report aims to aid decision makers understand the key trends impacting the growth of this market.
Commenting on the report, an analyst from TechNavio™s Embedded Systems team said, GPS has been enabling highly accurate mapping in short timeframes. It has helped reduce equipment and labor costs as well. Apart from saving on time and cost, this technology also remains unaffected by weather-related challenges such as wind, rain and low sunlight. As a result this is becoming a popular choice among professional surveyors.
According to the report, technology convergence is combining GPS with other features such as Bluetooth and Wi-Fi. This will give a competitive edge for the GPS Navigation and LBS making it more attractive for end-users. A multi-functional GPS device is developed with technology convergence which is making the North America GPS Navigation and LBS market grow at a high pace.
The report also discusses that one of the major challenges in the North America GPS Navigation and LBS market is the high cost of access devices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/gps-navigation-and-lbs-market-north-america…
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TechNavio Announces the Publication of its Report “ GPS Navigation and LBS Market in North America 2010“2014
