GPS navigation device market research from Canalys shows that sustained growth has taken shipments in the latest Q above even the boom level seen in Q4 2005, which made a big difference to the year-end performance of many retailers. Canalys estimates that just under 2.5 mln devices shipped in Q2 2006, beating the previous quarterly record of 2.3 mln.
Portable GPS navigation market | |||||
Q2 2006 | Q2 2005 | Growth | |||
Vendor | Shipments | Share | Shipments | Share | YTY |
TomTom | 747,610 | 30.5% | 258,530 | 20.8% | 189.2% |
Garmin | 408,660 | 16.7% | 102,530 | 8.2% | 298.6% |
Mio | 232,990 | 9.5% | 157,470 | 12.6% | 48.0% |
Navman | 156,510 | 6.4% | 88,640 | 7.1% | 76.6% |
Medion | 149,920 | 6.1% | 169,220 | 13.6% | -11.4% |
Others | 753,230 | 30.8% | 469,480 | 37.7% | 60.4% |
Total | 2,448,920 | 100.0% | 1,245,870 | 100.0% | 96.6% |
Source: Canalys |