TechNavio today launched its report Global Digital Compass Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Hardware team said; ”Currently, gadget manufacturers are increasingly embedding digital compasses in their entertainment gadgets such as gaming controllers. As a result of the increasing end-user preference for smartphones and tablet PCs for entertainment purposes, the digital compass is becoming a vital part of these gadgets. This indicates that there will be firm growth in the demand for digital compasses during the forecast period.”
According to the report, the necessity to increase the application base and product base in which the digital compass can be embedded as a primary or secondary application is leading to the demand for a graphical user interface (GUI)-based digital compass in the Global Digital Compass market.
Further, the report also discusses that the limited awareness about digital compasses is hindering the growth of this market.
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 http://goo.gl/vVi9j
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TechNavio Announces the Publication of its Report – Global Digital Compass Market 2011-2015
