Car GPS navigation system Market Expected to Reach $1,237Million by 2023
According to a new report by Allied Market Research, titled, Car GPS navigation system Market by component type, by car type, by end user: Global Opportunity and Forecast, 2017-2023, the Car GPS navigation system market was valued at $701 million in 2016, and is projected to reach at $1,237 million by 2023, growing at a CAGR of 8.1% from 2017 to 2023. This is attributed in reference to rise in number of vehicle sales worldwide, increasing demands from the dependent sectors such as transportation.
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