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Report: GPS unit sales to hit $1B in 2012

Posted: 22 Apr 2008     Print Version  Bookmark and Share

Keywords:GPS applications  Wi-Fi 

GPS unit sales will hit Rs.4,032.39 crore ($1 billion) in 2012, according to the 2008 Semiconductor Applications Report from Future Horizons. Between 2007 and 2012, GPS unit sales will grow from 28.6 crore (286 million) to 93.8 crore (938 million) annually with a CAGR of 26.8 percent.

The public first became aware of GPS after the arrival of factory-fitted automotive dashboard-mounted equipment and then after purchasing lower-priced personal navigation devices.

GPS techniques have now been utilised in other applications such as tracking hired vehicles and locating mobile phones in emergency calls. Upcoming applcations, according to the report, will be other mobile phone GPS applications such as local traffic and location information services.

Current GPS apps in mobile phone handsets, which all require very low-power chipsets, include the geo-tagging of images in digital cameras, GPS in MP3 players and on watches.

Future Horizons is optimistic that unit sales for GPS will continue to rise, however, chipset revenue will peak during this period as ASPs fall. Eventually, some GPS circuits will become part of more complex radio accessory chips that will include Bluetooth, NFC and Wi-Fi.





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