56 mln personal navigation devices to sell by 2011

The market for personal navigation devices will reach 56 mln units worldwide by 2011, up from 14 mln in 2006. Market drivers include falling price points, enhanced features, stronger consumer awareness of PNDs, and increased marketing and promotion by leading PND manufacturers. In 2006, PND manufacturers significantly reduced prices, with entry models priced under $200, In-Stat says.