PND Shipment Growth Decelerates, What’s the Future for Garmin?
Written by admin on Friday, September 26th, 2008 in devices and gadgets.
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About two years ago, GPS-based navigation devices such as those from Garmin and TomTom seemed to be on top of most geeks’ wish list. Not for much longer. The days of portable navigation devices (PNDs) as these systems are known are numbered as mobile handset based alternatives gain popularity, says research firm iSuppli. Last year, PNDs accounted for about half of all navigation device shipments, with automotive in-dash systems, smart phones and mobile handsets comprising the rest. However, in two years, PND’s share of shipments will decline to 35% and then to 23% in 2013, says iSuppli. "PNDs have flourished in an environment with little competition during the last four years," said Richard Robinson, principal analyst at iSuppli in a statement. (Read the full post about ‘PND Shipment Growth Decelerates, What’s the Future for Garmin?’…)
