Major technology companies, such as Apple, Google, and Microsoft, are
beginning to battle for share of the in-vehicle navigation market,
according to the Strategy Analytics report, “Automotive
and Portable Navigation: Market
Drivers and Forecasts 2011 -2019.” This may spell
trouble for traditional tier one navigation manufacturers, like
Continental, Denso, Harman, as well as Garmin and TomTom.
“The recent Apple announcement regarding its automotive OEM
partnerships and the expansion of Apple’s mapping efforts could
significantly change the in-vehicle navigation market. Previously
major technology companies largely wrote off automotive markets.
However, with a growing emphasis on creating a unified experience across
all screens (PC, handset, TV, and in-dash display), the automotive
screen is becoming an essential additional battle to win,” said John
Canali, Senior Analyst at Strategy Analytics.
Richard Robinson, Director of Automotive and Multimedia
Communications at Strategy Analytics, added, “Competing against these
new players will be difficult for incumbent suppliers of navigation
systems because the new players are so well capitalized and can devote
far more to research and development. Incumbent players need to
reevaluate their role to demonstrate their worth in the supply chain,
while OEMs must weigh what strategic alliances will provide the most
benefit to consumers.”
About Strategy Analytics
Strategy Analytics, Inc. provides the competitive edge with advisory
services, consulting and actionable market intelligence for emerging
technology, mobile and wireless, digital consumer and automotive
electronics companies. With offices in North America, Europe and Asia,
Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com

Source(s) : Strategy Analytics, Inc.