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Thailand”s GPS market on a growth path

Thailand: Thailand”s National Science and Technology Development Agency (NSTDA) said the country”s GPS market is growing, with its overall value expected to reach Bt4 billion ($133.4 million approx) this year.

Passakorn Prathombutr , NSTDA Service Research and Innovation Program Director, spoke of a recent study revealing the value of the GPS market in the country that last year alone some 305,000 GPS devices were sold for more than Bt3.5 billion.

Mobile GPS devices were most sold, while those to be installed in vehicles were most expensive.

Dr Passakorn predicted that this year”s market share would realise 23% more than last year”s at Bt4.2 billion, or around 378,000 devices.

Source: Pattaya Mail