In-dash Navigation Systems Introduces Speech Recognition Systems14 Oct 2011 • by Natalie Aster
A recently published report “Global In-dash Navigation Systems Market 2010–2014” by Infiniti Research reveals that the Global In-dash Navigation Systems market is expected to grow at a CAGR of 6.4 percent over the period 2010–2014. The report, which covers the Americas and the EMEA region, indicates that the market is being driven by the increasing need for minimizing fuel consumption and reduction of vehicle pollution.
According to Technavio’s industry analyst, “With In-dash Navigation devices drivers now have the luxury of choosing the optimum route to get to their destination. By avoiding traffic and longer routes, drivers are able to save on fuel cost. Moreover, with digital maps providing additional features, such as points of interest, drivers are easily able to locate restaurants, gas stations, hospitals etc.”
Global In-dash Navigation Systems Market 2010–2014
Published: September 2011
Price: US$ 1,500.00
The report also highlights that the increasing popularity of GPS-enabled smartphones is hindering the growth of this market. However, the inclusion of live traffic updates and traffic management in these systems is expected to keep driving the market. This market is also marked by the introduction of speech recognition systems. These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
The report is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market.
Companies mentioned in the report include Alpine Electronics Inc., Garmin Ltd., TomTom N.V., and Pioneer Corp.
More information can be found in the report “Global In-dash Navigation Systems Market 2010–2014” by Infiniti Research.
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