Fleet Management Services Power GPS Market Growth

The global navigation satellite systems (GNSS) technology, which is expected to be embraced by the positioning facilities provided through mobile phones and route guidance devices in the car, is estimated to push up the development of the GNSS market in the next 20 years. A study conducted by the European Commission’s Galileo Market Observatory has compiled data from market drivers and predictions regarding the size of the GNSS market both in terms of the number of equipments in use and the incomes generated through it. The global mobile phone subscriber base grew by more than one million in 2002. Though, the users in the car telematics market are modest in number, this market is also increasing at a fast pace. The adoption of the global navigation satellite system View the rest of this article