The global GPS market, basically segmented into products and applications

For those who are unfamiliar, I can recall that, the global GPS market is basically segmented into products and applications. 

In effect, on the basis of product the GPS market is further segmented into GPS-enabled smart phones, GPS-enabled cameras and portable navigation devices. The portable navigation device is further segmented into portable automotive devices, fitness products and marine products. 

When it comes to the GPS application market, it is diversified into a large number of segments such as traffic control, surveying & mapping, machine control, logistics tracking and many more. 

The Global market has generated the revenue $26.36 Billion in 2016 and is anticipated to reach up to $94.44 Billion by 2022, according to Research and Markets.