August 11, 2006

Garmin and TomTom increase Share of Market in Europe

Garmin Doubles Euro Market Share.

A new report out from Canalys Market Research firm indicates that Garmin has doubled its share of the overall navigation device market up to 16.7% from 8.2% a year ago, while TomTom has increased their share of the market also from 20.8% to 30.5%. The market research firm includes GPS navigation systems and smart PDAs as well as GPS enabled mobile phones in that measure. That’s good news for both TomTom and Garmin, but on the heels of Garmin’s announcement that they are buying a new Euro headquarters, it makes me think that they are planning on bigger moves into the Euro market. Now some may be confused as we’ve reported on GPS navigation system only share, which TomTom claims to have over half the market share in Europe, but that excludes devices like GPS enabled mobile phone shipments.

Read More in: GPS News

Share this Article with others: social bookmarking

Related Articles:

Came straight to this page? Visit GPS Lodge for all the latest news.

Posted by Scott Martin at August 11, 2006 4:40 PM

Recent Comments

Post a comment









Remember personal info?




Please enter the letter "i" in the field below:
Please press Post only once. Submission of comments takes up to 20 seconds because of Spam Filtering.
Join the Mailing List Mailing List
Enter your Email


Powered by FeedBlitz

facebook_badge.jpg twitter_badge.jpg

Subscribe - RSS
Site Navigation

Visit our other properties at Blogpire.com!

Archives

TechPiree

This weblog is licensed under a Creative Commons License.

Powered by
Movable Type 6.3
All items Copyright © 1999-2017 Blogpire Productions. Please read our Disclaimer and Privacy Policy