Dedicated GPS devices market to reach $7 billion in 2018

Dedicated GPS devices market to reach $7 billion in 2018

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UK: The dedicated GPS devices market is expected to reach $7 billion in 2018, according to a report by ABI Research.

ABI Research provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. ABI Research”s quarterly GNSS Database forecasts the overall market to grow from 33.3 million units in 2012 to 36.79 million in 2018. Total revenues will rise to $7.14 billion in 2018. The report also forecasts very strong growth for HUD/eyewear devices, particularly in the fitness, golf, and cycling categories.

Source: abiresearch.com