Top brands to boost GPS-handsets growth
Gothenburg, Sweden , January 16, 2008
Global shipments of GPS-enabled handsets is expected to grow from 175 million units in 2007 at a compound annual growth rate (CAGR) of 26.2 per cent to reach 560 million units in 2012.
Rapid adoption of GPS technology in mass-market GSM/WCDMA handsets will be the main driver, according to a new research report by Berg Insight.
“Last year marked the breakthrough for GPS outside the CDMA-market with successful product launches by Nokia and others,” said telecom analyst, Berg Insight, André Malm. “This year we expect to see an abundance of new models supporting GPS from all major brands. By 2009, GPS is going to be a must-have in all high-end handsets.”
Berg Insight believes that the increasing penetration for GPS in GSM/WCDMA handsets will trigger a wave of innovations in the field of location-based services.
“The availability of accurate position data in mobile devices creates exciting new opportunities for developers of local search, navigation and social networking applications,” said Malm.
“Nokia and Google will be two of the foremost players in this arena but there is a good chance that the development will also give birth to the next Facebook or MySpace,” he added.
Berg Insight offers premier business intelligence to the telecom industry. – TradeArabia News Service