Shipments of personal navigation devices (PNDs) will continue to grow over the next five years. Key drivers for PND market growth include falling price points, increased worldwide consumer demand, and enhanced functionality in new PND models.
Still, the PND market faces strong competition from both handset navigation and embedded automotive navigation systems. In particular, vendors in handset navigation are starting to offer a number of value-add services, such as pedestrian navigation, offline navigation, and searches for local points of interest.
In-Stat's latest industry update offers a revised PND forecast that takes into account market developments that occurred in the second half of 2007 and the first half of 2008. It also provides a regional breakout for PND shipments. Competitive threats such as in-car navigation and GPS-enabled handsets are discussed. For more detailed information about PND manufacturers, component suppliers, and products, look for In-Stat’s full-length PND and location-based services report, due to be published in the fall of 2008.
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