| Global Navigation Satellite Receiver Shipments to Rise Sevenfold by 2011 |
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| Wednesday, 20 September 2006 09:49 | |||
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NEW YORK – Nearly 300 million global navigation satellite systems will be shipped by 2011, up from 40 million in 2005, according to ABI Research. Growth will not occur evenly across the board, the firm said. In 2005, in-vehicle navigation systems accounted for 26% of total shipments but 34% of revenues. By 2011, shipments will drop to 16% of the total market but will deliver 29% of the revenue. Much of the added growth will come from the mass uptake of GNSS services by mobile subscribers who use GSM handsets. As that trend develops, the fastest regional growth will occur in Europe, ABI said.
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