New Report Forecasts The Market Size Of Global Navigation Satellite Systems, 2008-2011

Global Navigation Satellite System (GNSS) are satellite navigation systems providing geo-spatial analysis. These systems provide location parameters, which include geographical coordinates and altitude, and trajectory parameters such as speed and direction. These systems are used in the positioning, navigation, synchronization, detection, and security of the aerial, land, water, and space objects. Application of GNSS includes mobile phone communication and in-vehicle navigation. Further, Geo-tagging, machine control, and timing & synchronization are expected to have the highest growths. APAC and European markets are characterized by maximum adoption by the consumers of GNSS-based communications applications. North American market provides opportunities for in-vehicle navigation applications.

The report forecasts the market size of Global Navigation Satellite Systems (GNSS) over the period 2008-2011. Further, the total market is segmented into various geographic regions. The report talks about the segmentation of global revenue in the GNSS market. It also discusses the market trends and challenges that characterize the GNSS market.

This report can help IT vendors identify target geographies. Further, the sales drivers can be used to penetrate the identified vertical or increase the current share of the customer’s wallet.