Recent research by In-Stat found that:
- The market for PNDs will reach 56 million units worldwide by 2011, up from 14 million in 2006.
- Market drivers include falling price points, enhanced features, stronger consumer awareness of PNDs, and increased marketing and promotion by leading PND manufacturers.
- In 2006, PND manufacturers significantly reduced prices, with entry models priced under $200.
Mobile Phones Threaten Dedicated PND Market - GPS LBS