The total in-car navigation market has been in continual decline for the last 3 years, but ABI Research believes it has now reached its lowest ebb. While pure navigation is unlikely to reach the highs of 2008 again, the overall market is reaching a revenue plateau, creating a solid platform on which connected in-car services can bring a new generation of revenue growth.
Senior analyst Patrick Connolly stated,” When we look at the decline from 2008 to 2011, there is a perfect storm of economic conditions, low-cost/free smartphone navigation, the decline of PNDs, and falling car sales. The market is forecast to reach a low of $22 billion this year, before fluctuating around the $22-$24 billion mark, as a new period of growth for factory-fitted solutions, coupled with smartphone solutions, will take in-car navigation towards saturation point in many regions by 2017.”
Factory-fitted solutions will bring new revenue opportunities, especially for PND manufacturers. But the real growth opportunity will be the additional revenues that in-car connectivity will bring. Companies are fighting for a near-30 million connected car platform market in 2017; with many of the winners and losers decided over the next 2 years.
Practice director Dominique Bonte added, “The opportunity is there to leverage navigation, to bring a host of new services around driver performance, infotainment, car diagnostics, and insurance.”
These findings are part of ABI Research’s GPS & GNSS Research Service which includes additional Competitive Analyses, Vendor Matrices, Market Data, and Insights. In ABI Research’s quarterly service, “GPS&GNSS”, all forms of in-car navigation are considered, including factory fitted, aftermarket, PNDs, and smartphones.
ABI Research provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. From offices in North America, Europe and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 70+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.
About ABI Research
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.
ABI Research提供开创性的研究和战略指导，帮助客户了解日新月异的技术。 自1990年以来，我们已与全球数百个领先的技术品牌，尖端公司，具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Asia: +65 6950.5670