Juniper Research Predicts Portable Navigation Revenues to Top 8bn Euros in Western Europe by 2012 | |
A new report from Juniper Research estimates that revenues from portable navigation solutions, including PNDs (Personal Navigation Devices) and software solutions for multiuser devices, will exceed 8.3 billion Euros in Western Europe by 2012. Hampshire, UK (PRWEB) October 23, 2007 -- A new report from Juniper Research estimates that revenues from portable navigation solutions, including PNDs (Personal Navigation Devices) and software solutions for multiuser devices, will exceed 8.3 billion Euros in Western Europe by 2012.
Revenues from PNDs are currently estimated to account for over 90% of the portable navigation market in Western Europe, with other navigation solutions losing market share in the face of the PND onslaught in recent years. Juniper Research believes this to be due to a number of reasons:
However, there are a number of threats to the future rate of PND market growth on the horizon and Juniper Research feels that the tide could turn again in the next two to three years. Report author, Bruce Gibson commented "PND sales in Europe are booming at the moment, but it can't last for ever. There are already signs of growing maturity in the earliest developed European markets, prices are continuing to fall and there is strong competition from original equipment in-vehicle navigation solutions and from software solutions for multipurpose devices, particularly mobile phones." Juniper Research provides analytical services to the global hi-tech communications sector, providing analyst reports, consultancy and industry surveys. ### |
Saturday, October 27, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment