Market Overview and the Next Generation of the GPS
Decent article today in the Wall St. Journal that talks about the next generation of GPS devices. They have a big splash picture of the Mio H610 right at the top saying that it’s like a small iPod. They go on to talk about the Mio H610’s launch along with other new GPS units that are launching this Fall. If you’ve been hanging out here at the GPS Lodge, you’ll already know about all of the new GPS units that they talk about. The article is a classic, “Hey these GPS’s are actually pretty good” type of an article, but focuses on what is accurately a coming trend. The GPS capability will be adopted by more people, and used more and more away from the car in the future as pedestrians and bikers need navigation too.
Finally I thought is was interesting that they cited sales predictions from Consumer Electronics Association forecasts that say sales of GPS navigation systems will grow 88% this year to 1.3 Million units, with sales expected to be 4.2 million units by 2010. This contrasts to the prediction for in-dash units only selling 225,000 units by 2010. I have to say, people want that portability, and it comes in flat GPS units like the Garmin Nuvi, the Mio C310, C710 and new H610, the TomTom ONE, and the newer Magellan RoadMate 2000 series line.
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Posted by Scott Martin at October 5, 2006 8:10 AM
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