Abstract
Demand for GPS-enabled devices like cell phones and automotive navigation
systems is driving growth for required semiconductor components such as SOC
processors, baseband ICs, RF transceivers, and associated memory, audio, and
power components, and suppliers will benefit from the increasing worldwide
demand and the expanding network of satellites that will come into service
over the next several years.
The number of applications utilizing GPS technology is growing. Receivers
continue to be utilized and upgraded by military services, and significant
growth continues to be seen in civilian markets as well, with increased usage
of enabled cell phones, stand-alone PNDs, and systems being integrated into
motor vehicles. Also the technology is being found in fitness and outdoor
recreation equipment and even in notebook computers.
Consumers are becoming more interested in GPS-enabled devices, as the
available products become more advanced and improved, and as pricing continues
to become more affordable. The strongest driver for the technology appears to
be the latest enabled smartphones, which are highly desirable because they
offer navigation technology along with a range of other attractive features.
Databeans estimates that for this year, GPS semiconductor revenue will
approach $2 billion. Revenue should exceed $3 billion by 2014, on 10 percent
estimated average growth per year.
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ABOUT DATABEANS
Databeans, Inc., headquartered in Reno, Nevada, USA, is an internationally
recognized market research firm focused on the semiconductor and electronics
industry. Databeans publishes over 50 market research reports annually that
are available for purchase as individual studies, or bundled together in
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