| In Vehicle Navigation driving GPS Market in US |
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| Monday, 02 April 2007 | |
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worldwide study of the GPS market claim that consumer GPS navigation holds a major share of 53% in the US GPS market.
A drop in prices of Global Positioning System (GPS) navigation products are likely to heighten demand made by the foremost users ? the automakers and the vehicle owners. With technological innovations the resulting economies of scale have thrusted price declines. Further product bundling, and aggressive cost-cutting strategies at all levels of production and distribution are expected to influence prices downward. |
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