December 8, 2005

Big Leaps for the GPS industry

If you are coming to the GPS Lodge, then you probably know that GPS's are hot, and the market is exploding for them in recent months and years. Well here's some proof. A recent article did some investigating into the GPS world and found that more and more people are getting into them, and while the prices are coming down, demand is way up - kindof works well that way. With the market expanding, there are bound to be some new comers, and this holiday season seems like a bi step out for the GPS industry.

"This will be the first season it's tested," said Ted Gartner, a spokesman for Garmin International Inc., a major GPS manufacturer, of the real-time traffic features. "We think people who know their cities will use it to avoid traffic tie-ups or when they commute to work. GPS isn't just GPS anymore. Traffic is the new frontier."


Factory sales of GPS units, both the hand-held and automobile kind, are projected to grow to 738,000 this year from 162,000 units in 2001. The average price, meanwhile, has dropped to $473 from $888 during that span.

ReadMore at the Baltimore Sun

Read More in: GPS News

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Posted by Scott Martin at December 8, 2005 10:12 PM

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