TechNavio's analysts forecast the Global Digital Compass market to grow at a CAGR of 45.2 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing demand for graphical user interface-based digital compass. The Global Digital Compass market has also been witnessing increasing adoption of digital compasses in entertainment gadgets. However, limited awareness about digital compasses could pose a challenge to the growth of this market.
TechNavio's report, the Global Digital Compass Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Digital Compass market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The scope of this report covers the present scenario and the growth prospects of the Global Digital Compass market for the period 2011-2015. It includes the market for digital compasses across various end-user segments.
The markets that are not covered in this report are listed below:
Key vendors dominating this market space include Aichi Steel Corp., Alps Electric Co. Ltd., Asahi Kasei Microdevices Corp., STMicroelectronics N.V., and Yamaha Corp. Other vendors mentioned in the report: Amotech, Baolab Microsystems, Freescale Semiconductor Inc., Honeywell International Inc., and Memsic Inc.
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