> Industrial News > News   Canalys: Increased Growth in the GPS Navigation Market   Not only does growth in the GPS navigation industry show no signs of slowing, it is actually increasing according to the latest figures from industry analyst firm Canalys released today. Year-on-year growth in mobile GPS navigation device shipments stood at 148% worldwide in Q4 2007, the highest seen since Q1 2006. Furthermore, despite all the recent activity in the smart phone segment of the market, which is the fastest growing according to Canalys, shipments of PNDs (dedicated portable navigation devices) were up 150% year-on-year in Q4 and represented a stable 90% of total device shipments. Canalys estimates the global market hit 39 million devices sold in 2007 (up 132% against 2006).   Time:2008-03-28 Source:NaviForum Shanghai News Center Relative