According to ABI Research, the global portable GPS-enabled device market is expected to reach $7.14 billion in 2018. The number of devices is estimated to increase from 33.3 million units in 2012 to 36.79 million in 2018.
The research firm says that the portable GPS-enabled device market will grow despite the continuing decline of portable navigation devices and increasing popularity of smartphones, smart watches and eyewear.
Going forward, the key drivers for the GPS-enabled device market will be dedicated heads up display eyewear, golf, cycling, health and tracking devices.
