Global Positioning System Market 2011-2015 New Report
Global Positioning System market to grow at a CAGR of 25.8 percent over the period 2011-2015. One of the key factors contributing to this market growth is the growing demand for GPS in smartphones. The Global Positioning System market is also witnessing an increase in the demand for GPS car navigation systems. However, the lack of accuracy in GPS information could pose a challenge to the growth of this market.