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GPS According to our research report, "GPS Market Forecast to 2015", it is projected that shipment of GPS/LBS devices will grow at a CAGR of around 15% during 2012-2015 to reach around 1015 Million Units by 2015. Besides, the global navigation satellite systems' (GNSS) technology, which is expected to be embraced by the positioning facilities through mobile phones and route guidance devices in the car, development of the GNSS market is anticipated to develop in the coming years. Even some of the countries like China, Japan, and India are focusing on deploying their own GNSS system which will further boost the GNSS market. Global Positioning System (GPS) technology has developed its applications across various industries across the world.