SpatialNews Press Release
Wireless World Will Drive GPS Applications, According to New Allied Business Intelligence Study
OYSTER BAY, N.Y.- Wireless connectivity combined
with location-based services are resulting in a large upswing in the use of
global positioning system (GPS) services, according to a new report from Allied
Business Intelligence (ABI). While some GPS applications have been utilized for
years, new market segments are still being revealed as a new generation of
products are developed.
Examples of satellite navigation systems with a potential for future
integration include GPS in the US, GLONASS in Russia and Galileo in Europe.
However, the US Navy's GPS is the first and only system that is fully
operational with existing users. The transition from government applications
to commercial applications for GPS will result in more widespread use of GPS-
based services, particularly with the large growth of wireless users
throughout the world.
The US GPS system addresses a plethora of industries including
agriculture, aviation, communications, in-vehicle, marine, recreation,
science, surveying/mapping and timing. "By 2005, the major GPS segments will
be in-vehicle navigation, communications and vehicle/freight tracking,"
according to Anna Karampahtsis, ABI analyst and author of the newly released
report, "GPS: Global Opportunities in Satellite Navigation Technologies."
Consumer awareness, increased product availability, reductions in price
and changes in standards and legislation are the main factors that will drive
the GPS market. Some examples of changes in the industry are the decision to
discontinue selective availability, the intentional degradation that imposed
accuracy errors and the Federal Communications Commission's requirement for
all wireless carriers to have 911 location-tracking systems in operation by
October 2001.
According to the new ABI study, by 2001, the global GPS equipment shipment
market value will reach approximately $19 billion, climbing to approximately
$60 billion by 2005. For the same year, the world value of GPS equipment
shipments for communications could reach approximately $10 billion, with in-
vehicle navigation systems reaching $22 billion. Variations in revenue
generation for GPS equipment worldwide, will be due to the differences in
systems' and receivers' prices and availability, consumer awareness and the
dissimilarities in consumers' needs for applications in each region.
Allied Business Intelligence Inc, is an Oyster Bay, NY-based technology
research think tank specializing in communications and emerging technology
markets. ABI publishes strategic research on the broadband, wireless,
electronics, networking and energy industries. Details of these studies can be
found at http://www.alliedworld.com. Or call 516-624-3113 for more info.
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