The India GPS market is at a nascent stage, but has recorded fast growth owing to the high usage of technology in fleet management and transport navigation. As India is considered one of the largest passenger car markets in the world, consistent growth in the automobile market will create more opportunities for the vehicle navigation and tracking market. Our research report "World GPS Market Forecast to 2013" also says that the navigation and telematics system market in India will grow at a CAGR of around 16% between 2010 and 2013 to around US$ 48 Million.

The report further states that the GPS technology is gradually moving away from Metros to other parts of the country. This has been possible with the rapid uptake of technology by logistic companies for tracking the movement of their vehicles. But the devices manufacturers should understand the necessity of cost effective GPS enabled devices to promote the usage of technology in India which is known for its price sensitive consumers. The report also suggests some measures that the Indian government should take to popularize the GPS technology at the commercial level.

Apart from India, our report reveals that China will experience fast pace expansion in its GPS subscriber base with the launch of cheaper GPS enabled devices. The report has studied several other countries at the global level that will post staggering growth in their GPS markets. These countries include - US, Canada, UK, France, Germany, Russia, Japan and South Korea.

"World GPS Market Forecast to 2013" contains comprehensive information, statistical data and rational analysis of factors contributing to the popularity of technology worldwide. It gives detailed overview of end-user applications like - In-vehicle Navigation, Survey/Mapping, Machine Control and others. The report has carried out thorough analysis of current market trends and developments vital for the success of overall GPS market. Besides, the report discusses the business profile of key GPS devices manufacturers, including their strength and weaknesses.

The report also updates clients on potential growth areas (PND market, chipset manufacturers, location-based advertising and software & application development) that help in making investment decisions. It also comprises of a section of industry trends and developments wherein information about market trends - like declining procurement cost, vast application base, government support, etc - have been discussed.

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