Total GPS/GNSS IC Market to Reach 1.8 Billion Shipments by 2016
London, UK, - June 1, 2012--GPS/GNSS is now moving beyond cellular and traditional navigation markets, representing a market worth over $3.3 billion in 2016. GPS/GNSS has always been strongly tied to navigation in the in-car, PND, and cellular space. However, GPS/GNSS is now finding applications in cameras, gaming, and tablets. Furthermore, femtocells and small cells represent huge volume opportunities, with companies like u-blox, Fastrax, and iPosi all developing specific GPS/GNSS solutions to meet the unique requirements of this market.