GPS World

Tag: market forecast

  • New Report Considers GNSS Market Outlook 2015-2020

    Research and Markets has added the report “Global Navigation Satellite Systems Market Outlook 2020” to its offerings. The global core GNSS market is forecast to grow at a CAGR of 9 percent during 2015-2020.

    In the report, the analysts have identified and deciphered the market dynamics in important GNSS industry segments, highlighting the areas offering promising possibilities for companies to boost their growth, according to Research and Markets. The report studies the market by sectors including location-based services (LBS), transportation (further divided into road navigation, rail navigation, air navigation and marine navigation), surveying and agriculture. The GNSS application market is further studied by region: North America, Europe, Asia-Pacific, and Rest of World.

    The report provides a complete overview of the GNSS market globally. All the current trends and drivers, coupled with potential growth areas of the GNSS industry, have been evaluated in the report. Furthermore, the report provides information on opportunities in the industry for different companies in the chapter titled Opportunity Assessment.

    Additionally, to provide an exhaustive knowledge of the prospects for GNSS players on the geographical front, the report provides comprehensive knowledge of the 10 most worthwhile GNSS markets around the world (U.S., Canada, UK, France, Germany, Russia, Japan, China, South Korea and India). It includes information about the present state and future outlook of the LBS and telematics markets in these countries along with information about their personal navigation systems such as GPS, BeiDou,Galileo, GLONASS, QZSS and IRNSS.

    The report also looks into the competitive landscape covering business overviews, key financials, product analyses, recent developments and strengths and weaknesses of each of the players.

    Key trends considered in the report include:

    • Driverless Car: New GNSS Technology Use
    • Indoor GNSS Positioning Poised for Growth
    • People, Pets and Thing Finder: The Next Attraction
    • GNSS Based Products: A Burgeoning Market Opportunity
    • GNSS Jamming Gaining Attention

    Companies mentioned include:

    • AgJunction
    • CSR
    • Furuno Electric Co Ltd.
    • Garmin Ltd.
    • MiTAC International Corp.
    • Raytheon Company
    • Rockwell Collins
    • TomTom NV
    • Topcon Corporation
    • Trimble Navigation Ltd.

     

  • Report on Indian GPS Market Looks at Next 5 Years

    Feedback Business Consulting has released a report on opportunity in the Indian GPS current market scenario, structure and practices.

    The market scenario in “Opportunity in the Indian Global Positioning System (GPS) Market — 2015” includes current market size estimates by players, top companies, product categories, end user segments and regions. The product categories include tracking and navigation; segments include automobile, logistics, IT, ITe and mobile phones.

    The market structure section details the value of key players’ presence across products and end user segments. The market practices section explores understanding the GPS market sets in business, market trends, distribution practices and pricing.

    Some of the key companies featured in the report include Aadhithya Systems, Blaupunkt India, Caska India, Garmin India, Google Maps India and Locationguru.

    The report also provides a snapshot of key competition and past market trends with a forecast over the next five years. Anticipated growth rates and the factors driving and impacting growth are also provided.

    Market data and analytics have been derived from a combination of primary and secondary sources.

    More details and table of contents about this report can be found at Research and Markets’ website.

  • Berg Insight: Remote Patient Monitoring to Reach €19.4B in 2018

    Berg Insight estimates that revenues for remote patient monitoring (RPM) solutions reached € 4.3 billion in 2013, including revenues from medical monitoring devices, mHealth connectivity solutions, care delivery software platforms and monitoring services. RPM revenues are expected to grow at a CAGR of 35.0 percent between 2013 and 2018, reaching € 19.4 billion at the end of the forecast period.

    The findings are discussed in the report “mHealth and Home Monitoring” (PDF brochure).

    Savings attributable to payers and care providers will by far exceed this amount as connected care solutions can allow better health outcomes to be achieved more cost efficiently. The new care models enabled by these technologies are furthermore often consistent with patients’ preferences of living more healthy, active and independent lives.

    While the healthcare industry is advancing towards an age where connected care solutions will be part of standard practices, this progress is still far from uniform. “The growth in the remote patient monitoring market is today centred on very specific market verticals and regions. Most of the market growth in the sleep therapy segment has for instance occurred in the US and France, where frequent compliance audits are becoming more common,” said Lars Kurkinen, Senior Analyst, Berg Insight.

    He added that the telehealth market benefits from local and regional project financing in several European countries, whereas remotely monitored medication dispensers gain traction among home care providers in the Benelux and Nordic countries in particular.

    In addition to this, the first pharmaceutical companies have recently initiated rollouts of connected adherence monitoring solutions that are bundled together with specific drugs. “Another high-level development that will have a major impact on the use of connected care solutions in several countries during the coming years is the shift from fee-for-service reimbursement systems to pay-for-performance structures that emphasize cost-effective delivery of quality care,” said Mr Kurkinen. In the U.S., one example of this development is the large number of RFPs for telehealth solutions that are being issued due to the hospital readmission reduction programs.

  • LBS Market Worth $39.87 Billion by 2019

    A newly issued report by MarketsandMarkets focuses on growth in the location-based services market, and says it will be worth $39.87 billion by 2019.

    The report, “Location Based Services (LBS) Market (Mapping, Discovery and Infotainment, Location Analytics, Leisure and Social Networking, Location Based Advertising, Augmented Reality and Gaming, Tracking) — Worldwide Forecasts and Analysis (2014-2019),” provides a comprehensive market and forecast analysis of the overall market, segmented by products, services, technologies, applications, regions, and verticals. The report covers all the major sub segments of the LBS market and provides the quantitative (market size and market growth) and qualitative (trends, analysis, and insights) analysis for those segments.

    Included are 99 market data tables, 17 figures spread through 254 pages, and an in-depth table of contents on the LBS market. This comprehensive coverage of the LBS Market provides important inputs such as drivers, restraints, and opportunities in this market, profiles the major players in this market, maps the competitive landscape, and provides the overall perspective on the LBS Market in the various verticals and regions, according to MarketsandMarkets.

    LBS is a solution that stands for applications that integrate geographic locations information with business processes, helping in analysis of location information. The location-based information is required in distinct business data sets for relating, comparing, and analyzing relationships in the data. The service also provides an economical alternative to agencies with existing internal GIS resources. As a result of these multidimensional benefits of location information, operators are considering it as an asset, leading to numerous investments being made to extract, use and market it.

  • Emerging Mobile Indoor Positioning Market the Subject of New Report

    According to a new report by Research and Markets, the winners in making and operating mobile phones will offer the most compelling new functionality, IPS being a major enabler. The winners in making, integrating and operating RTLS will reduce cost and improve usefulness, not least to encompass mobile phones and other mobile computing. The world’s largest companies are locking horns on this.

    Research and Markets has added the report “Mobile Phone Indoor Positioning Systems (IPS) and Real Time Locating Systems (RTLS) 2014-2024” to its offerings.

    The term Indoor Positioning Systems (IPS) primarily concerns location-based services on mobile phones where GPS does not work. The term Real Time Locating Systems (RTLS) primarily concerns locating people and things at a distance, securely, using second generation RFID. The subjects are converging with Apple, Samsung, Google, Nokia, Microsoft, Hewlett Packard and IBM clashing for the tens of billions of dollars of business that is emerging.

    This subject heavily involves short range communications, notably Wi-Fi and Bluetooth, and inertial navigation and advanced RFID as it progresses to determining 3D position including orientation and line of travel. Emergency services, healthcare, retailing, manufacturing, logistics and many other industries will be transformed by what is becoming possible, Research and Markets said.

    The topics of IPS and RTLS embrace a value chain from research and consultancy to software, services, hardware, integration and facilities management. Mobile phone app developers and value added enhancements plus ecosystems of mobile phones, web services and more are also involved.

    Most of the development and use is in the USA, but other territories are racing to catch up. For example, the new Indoor Location Alliance came from Europe but has global players and companies, such as Samsung in East Asia, and is taking an exceptionally broad view from new phone design to RTLS in smart cities. Siemens in Europe and several Japanese and U.S. companies seamlessly integrate GPS outdoor navigation and services with IPS and RTLS.

    This report consists entirely of evidence-based analysis following seven years of conferences, masterclasses and reports on the subject produced by the PhD level IDTechEx analysts and team.

    The main features of the report, which is continuously updated, are the following:

    • Ten year forecast of the RTLS market 2014-2024, platform hardware vs system integration/services.
    • Full explanation of what IPS and RTLS are and how these technologies are evolving and converging, with detailed, original graphs and diagrams, largest orders landed and lessons arising. Threats, opportunities and company strategies are revealed.
    • Comparison of 105 organisations in the IPS/ RTLS value chain by country, basic measuring principle, standards, frequencies, protocol, range, accuracy, applications targeted and background information. Pie charts and graphs give analysis by parameter.
    • Comparison of 74 case studies of RTLS with many pie charts presenting the lessons arising.
    • Detailed original interviews carried out from mid 2013 with important organisations in this space.
    • Glossary of the challenging jargon, which is different between IPS and RTLS yet often refers to the same or similar things.

    For more information, visit http://www.researchandmarkets.com/research/kphhwg/mobile_phone.

  • Shipments of Wearable Technology Devices Will Reach 64 Million in 2017

    Google Glass
    Google Glass

    Sales of smart glasses, smart watches and wearable fitness trackers reached 8.3 million units worldwide in 2012, up from 3.1 million devices in the previous year, according to researchers at Berg Insight. Growing at a compound annual growth rate of 50.6 percent, total shipments of wearable technology devices are expected to reach 64.0 million units in 2017.

    According to the announcement, today wearable fitness and activity trackers constitute the vast majority of the shipments. By the end of the forecast period, smart watches are predicted to incorporate much of the functionality of these and will then be the largest wearable device segment. “A perfect storm of innovation within low power wireless connectivity, sensor technology, big data, cloud services, voice user interfaces and mobile computing power is coming together and paves the way for connected wearable technology,” said Johan Svanberg, senior analyst, Berg Insight.

    The first generation of products appeal to specific markets and certain use cases, but refinement in design, technology and connectivity will broaden application areas and speed up market adoption. Initially, the wrist is the most attractive location for wearable devices, which is shown by the success of the Pebble smart watch and the popularity of wristband activity trackers such as the Nike Fuelband and the Fitbit Flex.

    “However, today’s devices need to evolve into something more than single purpose fitness trackers or external smartphone notification centers in order to be truly successful,” continues Svanberg.

    Berg Insight predicts that wearable technology will shift from being smartphone accessories into becoming proper stand-alone computing devices. Furthermore, closeness to the body and always aware capabilities will enable them to be more than merely miniaturized smartphones. Google, Sony and Samsung have already launched products and other major players such as Apple and LG are expected to soon enter the market. Wide market availability of wearable devices also raises privacy concerns. “It is still uncertain where lines should be drawn, but as in the case with most new technology, individual users and solution providers have the responsibility not to misuse the capabilities enabled by wearable tech,” concludes Svanberg.

  • Dedicated GPS Devices to Reach $7 Billion in 2018

    Despite the continued decline of PNDs, and the threat of smartphones, smart watches and eyewear, the portable GPS-enabled device market is forecast to continue to hold its own thanks to dedicated HUD/eyewear, cycling and health/tracking devices, according to a report by ABI Research.

    ABI Research’s quarterly GNSS Database forecasts the new and emerging markets for GPS-enabled devices, and where the opportunities lie in terms of device formats and vertical markets. The report also considers the impact of competitive formats such as smartphone applications, wearable sensors, smart watches, and smart eyewear, providing a complete picture of drivers and inhibitors in this market.

    Senior analyst Patrick Connolly comments, “The overall market is forecast to grow from 33.3 million units in 2012 to 36.79 million in 2018, following a brief dip in 2013 as PND declines outweigh growth in other areas. Total revenues will undergo a brief period of fluctuation from 2013 to 2015, before rising to $7.14 billion in 2018.”

    Dominique Bonte adds, “The markets for cycling computers, health/elderly, and fitness are starting to get interesting. As ASPs decline and smart watches become a more established part of our lives, the addressable market will be eaten up, limiting the growth potential for dedicated fitness devices. Looking longer term, ABI Research has forecast very strong growth for HUD/eyewear devices, particularly in the fitness, golf, and cycling categories. It would not be surprising to see an acquisition in this space over the next 12 months.”

    These findings are part of ABI Research’s Location Devices Research Service, which includes research analyses, market data, insights, and competitive assessments focused on the GPS/GNSS IC and devices markets.

  • Hybrid Indoor Location to Dominate Billion Unit Smartphone Market

    ​Apple’s acquisition of WiFiSLAM has brought smartphone indoor location technologies to the fore. With more than 1 billion new smartphones forecast to use indoor location technologies in 2018, there are still significant opportunities for companies with the right technologies and strategies, according to a report by ABI Research.

    In ABI Research’s latest Location Technology report, “Smartphone Indoor Location Technologies,” it has forecast the adoption of different indoor location technologies, and the companies that are best placed to be successful. “We see a significant trend towards hybridization, with Wi-Fi, BLE and sensor fusion vital,” said senior analyst, Patrick Connolly.  “By 2014, hybrid solutions will have already surpassed standalone indoor location technologies on smartphones, with Wi-Fi and sensor fusion hybrid solutions reaching over 900 million units in 2018. Longer term, technologies around optical light, object recognition and LTE-direct are all forecast to offer differentiation.”

    “We are already seeing start-ups pivot out of this space, but there is still huge opportunity for partnerships and acquisitions with major Android handset vendors, carriers and large application developers,” said practice director Dominique Bonte. “Clearly Google is developing its own Wi-Fi indoor location solution; however, it may well open up its indoor location framework, enabling the market to expand much more rapidly. For IC vendors, with access to the hardware abstraction layer, indoor location innovation is vital for future socket wins.”

    These findings are part of ABI Research’s Location Technologies Research Service, which includes research analyses, market data, insights, and competitive assessments focused on the indoor location market.

  • Berg Insight: LBS Revenues in Europe to Reach €825M by 2017

    Berg Insight: LBS Revenues in Europe to Reach €825M by 2017

    According to a new research report by Berg Insight, mobile location-based service (LBS) revenues in Europe are forecast to grow from €325 million in 2012 at a compound annual growth rate (CAGR) of 20.5 percent to reach €825 million in 2017.

    The North American LBS market is forecast to grow at a CAGR of 9.2 percent from US $835 million in 2012 to reach US $1,295 million in 2017. Berg Insight estimates that 40 percent of all mobile subscribers in Europe use some kind of location-enhanced application on a regular basis. In North America, the larger installed base of GPS-enabled handsets and smartphones has enabled higher uptake of LBS.

    Berg Insight estimates that about 50 percent of all mobile subscribers in the region now access LBS at least monthly. Local search, social networking and navigation services are the top application categories in terms of number of active users. Mobile workforce management services that aim to improve operational efficiency for businesses are also gaining traction in new industry segments.Berg-LBS-report

    “Smartphones are the most important enabler for LBS adoption in general. The installed base of smartphones in Europe has now reached 45 percent of total handsets and already surpassed 55 percent in North America,” said André Malm, Senior Analyst, Berg Insight. He adds that besides differences in smartphone adoption, there are other regional differences. “Mobile operators still play a more central role in North America than in Europe, marketing branded services to both consumer and enterprise customers.”

    However, the operators’ central role in the LBS ecosystem is now being challenged by the smartphone ecosystems that bundle key LBS and give developers access to location data and distribution channels in the form of on-device app stores. Mobile operators are therefore showing renewed interest in offering network-based bulk location data for advertising and analytics, as well as new services such as secure authentication and fraud management.

    A brochure on the report can be downloaded here.

  • Tablets and Cameras to Be Major GPS and LBS Markets by 2017

    Despite relatively stunted growth thus far, the tablet and camera markets are forecast to be the next major market for location-based services and GPS IC penetration.

    ABI Research’s latest Report, “Location Applications for Tablets, eReaders, Digital Cameras & Handheld Gaming,” forecasts the uptake of LBS and how it will affect the adoption of location technologies. The tablet market has largely been dominated by Apple and its GPS/Modem strategy. GPS shipments are forecast to reach 37 million in 2012, yet it is still much less than had been previously anticipated. There has been mixed news of late, with the launch of Google’s Nexus 7 and Apple’s iPad mini. Wi-Fi location is a standard feature across all major tablets and while it is complementary, it does act as a barrier to GPS integration.

    Senior analyst Patrick Connolly said, “When we look at the adoption of applications on tablets, it is forecast to largely mirror that of smartphones, with a focus on local search, social, enterprise, navigation, and ambient intelligence.” Android will lead the way, as ubiquitous location becomes a necessary component.

    The camera market has huge potential, with geotagging a clear driver. With more than 30 GPS-enabled cameras on the market, shipments are expected to break 10 million in 2013, and a second wave of new applications emerging around tracking, maps and points of interest, and dead-reckoning. As an industry, there needs to be a complete overhaul of how cameras are designed, to find a way to leverage the photography revolution occurring on smartphones. ABI Research has forecast that this will open the door to GPS, alternative location, and LBS in future.

    The launch of the Sony Vita was expected to kick-start the location-based gaming (LBG) industry, featuring Wi-Fi location as standard, and an optional GPS/modem module. Practice director Dominique Bonte said, “Irrespective of limited device sales, location-based gaming and community applications still have fundamental barriers concerning critical mass and where and how the device is used. As a result, LBG is expected to initially flourish on smartphones, with GPS forecast to remain subdued on gaming devices.”

    These findings are part of ABI Research’s Location Based Services which includes Research Reports, Market Data, and Insights.

  • Juniper: Augmented Reality Apps Could Mean $300M in 2013

    A new report from Juniper Research has found that with brands and retailers increasingly keen to deploy augmented reality (AR) capabilities within their apps and marketing materials, AR applications will generate close to $300 million in revenues globally in 2013.

    The report found that while the traditional pay-per-download payment model would continue to account for the largest share of revenues in the medium term, the scale of retailer engagement with AR suggested that ad spend had upscaled dramatically in 2012 and was poised for further strong growth next year.

    Crucially, it also found that many retailers now perceived AR as a key means of increasing engagement with consumers, both as a means of providing additional product information or in the form of branded virtual games and activities.

    Consumer Expectations Not Yet Met. The report cautioned that while lack of consumer awareness of AR remained a key hurdle which needed to be overcome, it was by no means the only barrier to growth. It argued that technological limitations of AR-enablers such as the phone camera, GPS, digital compasses and marker-less tracking meant that in many cases, the AR experience was failing to live up to consumer expectations.

    The report claimed that even some higher-end smartphone cameras lacked sufficient sensitivity to trigger an AR experience unless light conditions were optimal. Furthermore, the need to recalibrate digital compasses — allied to poor in-building functionality of GPS – means that under certain circumstances the level of location accuracy would not be sufficient for many potential corporate applications. As a result, the report stated that enterprise adoption would be limited in the medium term.

    Other key findings from the report include:

    • More than 2.5 billion AR apps to be downloaded to smartphones and tablets each year by 2017, with games accounting for the largest share of downloads.
    • AR is increasingly being deployed in prototype wearable devices, with Google Glass the most high-profile innovation.

    The “Augmenting Reality: Enhancing Mobile” white paper is available to download from the Juniper website together with further details of the full study, “Mobile Augmented Reality: Entertainment, LBS & Retail Strategies 2012-2017.” Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.

  • China’s Beidou/Compass System Expected to Spur Growth in Nav Industry

    China’s Beidou/Compass system will spur the country’s economic development in the satellite-navigation industry, geoinformation, and location-based services, according to an article in China Daily. China’s civil navigation providers are likely to experience rapid growth during the 12th Five-Year Plan (2011-15) period.

    According to the article, “Earlier this month, Wang Chunfeng, deputy director-general of the National Administration of Surveying, Mapping and Geoinformation, said the government is likely to introduce policies to help the geoinformation industry grow.

    “In addition, the nation’s self-developed satellite navigation network, the Beidou Navigation System, will come into commercial use by the end of this year, a move that may stimulate the development of the geoinformation industry in China.”

    Read more at China Daily.