According to 6Wresearch, Indian Navigation and Vehicle Tracking System (VTS) Market reported a total Shipment of 32,196 units in CY Q4 2013; representing an increase of 30% as compared to the previous quarter. TRIMBLE emerged as the market leader followed by GARMIN and MAP MY INDIA. In CY Q4 2013, VTS represented 54% of the total market share registering an increase of 33% in terms of unit shipments over the previous quarter. Whereas, Global Positioning Systems (GPS) experienced a growth of 24% in the current quarter. However, VTS accounted for 55% of the total market share in H2’2013.
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6Wresearch publishes monthly/quarterly/annual shipments data of VTS market in India. The publication would enable the player to enter or devise strategies to expand its presence in India VTS market by monitoring the shipments data by various types and specifications on a regular basis. This would also allow Companies to track their competitors’ performance on a periodical basis.