Global GPS IC Market 2011-2015 New Report
Analysts forecast the Global GPS IC market to grow at a CAGR of 7.5 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing use of GPS ICs in smartphones. The Global GPS IC market has also been witnessing the development of multifunctional GPS ICs. However, the lack of accuracy in GPS information could pose a challenge to the growth of this market.
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