GPS-enabled Handset Market to Generate Over $100 Billion in Revenues in 2012, According...
GPS-enabled Handset Market to Generate Over $100 Billion in Revenues in 2012, According to ABI ResearchLONDON--(Business Wire)--Shipments of GPS-enabled mobile phones will generate over $50billion in revenues in 2008, rising to $100 billion in 2012. Themarket for these handsets is expected to grow from around 240 millionunits in 2008 to over 550 million handset shipments in 2012. Atpresent, most current GPS-enabled handsets are CDMA devices, butincreasing numbers of GPS-enabled handsets for 3G/WCDMA networks willstart to appear in the market from 2008 onwards. According to ABI Research industry analyst Shailendra Pandey, "Theongoing consolidation in the mobile industry - including Nokia'sacquisition of NAVTEQ, Broadcom's acquisition of Global Locate, CSR'sacquisition of NordNav Technologies and Cambridge Positioning Systems,and the tussle between TomTom and Garmin to acquire Tele Atlas - givesa clear indication of the plans and commitment of industry players toaddress the GPS-enabled handset market." ABI Research believes that the mobile industry has reached thestage where we can expect to see rapid growth in the GPS-enabledhandset market. From cost and technology perspectives, chipsetmanufacturers now have solutions in place that will allow theintegration of GPS in handsets at low cost and provide significantimprovements in terms of accuracy, time-to-first-fix, and reception inindoor environments. On the services side, mobile operators andnavigation application developers are coming up with attractive LBSofferings. Also, handset vendors are showing greater interest not onlyin providing GPS-enabled handsets, but also in introducing their ownGPS-centric applications and services. ABI Research expects the market for GPS-enabled handsets to growstrongly in the next five years. In addition to major handsetmanufacturers such as Nokia, Motorola, RIM and Samsung, smaller AsianODMs including HTC, Quanta and Inventec are also introducingGPS-enabled devices. The firm's new study "GPS-Enabled Mobile Devices"
(http://www.abiresearch.com/products/market_research/GPS_Enabled_Mobile_Devices) examines the market landscape and future potential forGPS-enabled mobile phones. It discusses the critical business andmarketing issues, as well as the market opportunities and challengesfacing handset vendors, mobile operators, semiconductor vendors, andother industry players in addressing the GPS-enabled handset market. This study forms part of two ABI Research services, Mobile Devices
(http://www.abiresearch.com/products/service/Mobile_Devices_Research_Service), and Mobile Operators
(http://www.abiresearch.com/products/service/Mobile_Operators_Research_Service) which include a variety of Research Reports,Research Briefs, Market Data, Online Databases, ABI Insights, andanalyst inquiry support. ABI Research is a leading market research firm focused on theimpact of emerging technologies on global consumer and businessmarkets. Utilizing a unique blend of market intelligence, primaryresearch, and expert assessment from its worldwide team of industryanalysts, ABI Research assists hundreds of clients each year withtheir strategic growth initiatives. For information, visitwww.abiresearch.com, or call +1.516.624.2500. Long URLs in this release may need to be copied/pasted into yourInternet browser's address field. Remove the extra space if oneexists.ABI ResearchNicole Fabris, +firstname.lastname@example.orgCopyright Business Wire 2007