Released on: October 12, 2007, 4:28 am

Press Release Author: Shushmul Maheshwari

Industry: Telecommunications

Press Release Summary: With the ever-increasing market for GPS systems across the
globe, RNCOS has released another report on Global Positioning Systems named "World
Global Positioning Systems Market Forecast (2006-2008)". This report reviews the
recent market status, developments and capabilities of Global Positioning Systems
(GPS).

Press Release Body: With the ever-increasing market for GPS systems across the
globe, RNCOS has released another report on Global Positioning Systems named "World
Global Positioning Systems Market Forecast (2006-2008)". This report reviews the
recent market status, developments and capabilities of Global Positioning Systems
(GPS). The implications of technical policies, timely deployment, activities applied
and adopted by U.S. Department of Defense (DoD), and the efforts undertaken by world
governments are covered in the report.

The technology in the recent times has made an increasing contribution to the global
economy, especially within USA and Japan affecting avionics/aerospace applications,
navigational systems related to transportation, vehicle tracking and public safety.
The report presents the current role of governments in promoting global competition
for GPS-related sales by continents, largely involving regulatory matters such as
certification of GPS in safety-of-life applications and export controls on
military-grade GPS equipments.

Key Findings

- With more and more affordable GPS receivers and components flooding the market,
the worldwide GPS market will reach a value of more than US$ 30 Billion
approximately by 2008.
- The people tracking and handset market segments under GPS will have the largest
growth rate, of approximately 9%, by 2008
- Use of digital signaling and media broadcasts has increased the demand for the use
of network applications fitted with GPS tools, thereby paving the way for cheaper
and more reliable GPS devices.
- The key opportunity lies in the field of RFID. However, cost of deployment would
be a major deciding factor.

Key Issues and Facts Analyzed

The research report also addresses the issues and facts that are critical to your
success:

- Overall status of the world GPS market in continents
- Current market trends in Europe, US, Japan, China, India, and other countries in
detail
- Applications of the GPS technology
- Capabilities and uses of Global Positioning System's equipment
- Future outlook of the GPS equipment and devices market
- Forces propelling the GPS industry
- Opportunities in GPS market
- Challenges for the growth of GPS market

Key Players

This section provides a thorough overview, key facts, financials and stock
performance of several players like Garmin Ltd, TomTom, Novatel, Rockwell, Trimble,
XATA Technology, Raven Industries, Lowrance Electronics etc.

Research Methodology Used

Information Sources
Information has been sourced from books, newspapers, trade journals, and white
papers, industry portals, government agencies, trade associations, monitoring
industry news and developments, and through access to more than 3000 paid databases.

Analysis Methods
The analysis methods includes the following: Ratio Analysis, Historical Trend
Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting
and Cause and Effect Analysis.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM029.htm
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