August 06, 2012 04:05 ET

Market Research Indicates Global Digital Compass Market Growth to Exceed 40% by 2015

ROCKVILLE, MD--(Marketwire - Aug 6, 2012) - has announced the addition of the new report "Global Digital Compass Market 2011-2015," to their collection of Microelectronics market reports. For more information, visit

Industry 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 compasses. 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, "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.

For more information, visit

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