Market witnessing an increased replacement of PNDs by smartphones
TweetFollow Us on Twitter

Market witnessing an increased replacement of PNDs by smartphones


According to Research and Markets (www.researchandmarkets.com) TechNavio's analysts forecast the Global GNSS market to grow at a CAGR [compound annual growth rate] of 20.98% over the period 2012-2016.

One of the key factors contributing to this market growth is the growing popularity of location-based services (LBS). The Global GNSS market has also been witnessing the increased replacement of PNDs by smartphones. However, the reduced investments due to global recession could pose a challenge to the growth of this market. The key vendors dominating this market space are Apple, Garmin, Tomtom N.V., Broadcom Corp., STMicroelectronics, Navteq Corp., Google and Samsung Corp.

Commenting on the report, an analyst from TechNavio's Telecom team said: ''One of the major trends being witnessed in the Global navigation satellite system (GNSS) market is the increase in the replacement of PNDs with smartphones. The demand for personal navigation devices (PNDs), which was high initially, is currently declining as a result of their being gradually phased out by the increased usage of smartphones. Smartphones, particularly iPhones and those driven by Android, now have integrated mapping and navigation features. These features are not chargeable, which makes them more attractive to end-users. PNDs are currently still popular in North America and some parts of the EMEA region; however, the market penetration of smartphones with navigation capabilities is increasing rapidly and it is expected to overtake the penetration of PNDs even in these regions in the near future."

According to the report, the main factor that drives the demand for GNSSs is the increasing popularity of LBSs, which are information services used by advertising professionals to promote location-specific products and services. Location-based Services (LBSs) are highly beneficial not only to advertising professionals, who can efficiently promote their products and services, but also to the end-users of the products, who can reap the benefits of regional offers.

 
AAPL
$100.11
Apple Inc.
-0.64
GOOG
$576.36
Google Inc.
-0.74
MSFT
$46.44
Microsoft Corpora
+0.03
MacNews Search:
Community Search:

Latest Forum Discussions

See All
view counter

view counter
view counter
view counter
view counter
view counter
view counter

This Week at 148Apps: September 22-26, 2...
Your Source For The Latest App Reviews   | Read more »
Kill Shot Review
Kill Shot Review By Jennifer Allen on September 29th, 2014 Our Rating: :: OCCASIONAL MISFIRESUniversal App - Designed for iPhone and iPad Kill Shot is often satisfying, but its more than pushy in-app purchases will leave you feeling a little bummed.   | Read more »
It Came From Canada: Vainglory
I’m going to be straight you with folks. I don’t know much about MOBAs, and I’m certainly no professional. That means I don’t know how well Vainglory, the upcoming multiplayer online battle arena showcased in the most recent Apple keynote, compares to titans like League of Legends or DotA 2 in terms of depth and control. However, in this edition... | Read more »
The Tunnel – An Endless Fall Review
The Tunnel – An Endless Fall Review By Nadia Oxford on September 29th, 2014 Our Rating: :: FREE FALLIN' Universal App - Designed for iPhone and iPad The Tunnel – An Endless Fall is a bit harder to get the hang of than most “endless running/etc” games, but that doesn’t keep it from being hypnotic in its own way.   | Read more »
Ubisoft Launches Just Dance Now in the A...
Ubisoft Launches Just Dance Now in the App Store Worldwide Posted by Jessica Fisher on September 29th, 2014 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
For Better, or for Worse? How the New Ap...
With the release of iOS 8 (finally), Apple has made some noticeable changes on the App Store – bundles, videos, and Testflight integration, to name a few. Many of these additions will make things friendlier for App Store shoppers, but how has it been affecting developers? | Read more »
Asphalt Overdrive Review
Asphalt Overdrive Review By Jennifer Allen on September 29th, 2014 Our Rating: :: SHORT LIVED ADRENALINEUniversal App - Designed for iPhone and iPad Asphalt Overdrive is a fairly simple auto-running racing game, but one that’s clouded by the feeling that there’s more to it than that.   | Read more »
Kritika: Wrath of the Pirate King Update...
Kritika: Wrath of the Pirate King Update Introduces New Class: Shadow Mage. Posted by Jessica Fisher on September 29th, 2014 [ permalink ] | Read more »
Vampire Tribunals Review
Vampire Tribunals Review By Campbell Bird on September 29th, 2014 Our Rating: iPhone App - Designed for the iPhone, compatible with the iPad Hunt other vampires in the “real world” in this location-based multiplayer game.   | Read more »
Simogo Tease The Sailor’s Dream Via Thei...
Simogo Tease The Sailor’s Dream Via Their New Trailer Posted by Ellis Spice on September 29th, 2014 [ permalink ] A new trailer has arrived for the newest title from Device 6 and | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.