Tuesday, February 26, 2013

Global GNSS market to grow at a CAGR of 20.98 percent over the period 2012-2016

Global GNSS market to grow at a CAGR of 20.98 percent 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.  Global GNSS Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global GNSS market landscape and its growth prospects in the coming years. 

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