Garmin claims number one position on the PND market



Garmin claims number one position on the PND market
Garmin today claimed that it is the global leader in portable satellite navigation sales, having sold more personal navigation devices (PNDs) in 2007 than any other manufacturer. The research was provided by Canalys, an independent technology market analyst firm.

"Garmin achieved the worldwide number one spot for mobile navigation devices in 2007 by performing consistently well in Europe, more than doubling its shipments on 2006 and increasing its market share, while also retaining its clear lead in the booming U.S. market, which grew to represent 34.7 percent of the total worldwide market in 2007. Garmin had an enviable 47 percent share in the US in 2007, and the market quadrupled in size," said Chris Jones, Canalys vice president and principal analyst.

Tuesday, March 18th 2008


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