Portable Navigation Device Market to See Steady Growth with Advances in GPS Technology and Dynamic Mapping Solutions as per Maximize Research.

(IT-NEWSWIRE.COM, May 10, 2025 ) Portable Navigation Device Market to Hit USD 5.62 Bn by 2032

Portable Navigation Device Market is estimated to be valued at USD 3.15 Billion in 2024. The market expected to reach USD 5.62 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.50% from 2025 to 2032.

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About the Market

Portable navigation devices, also known as GPS devices or car trackers, offer reliable GPS navigation with offline functionality and high accuracy, especially in remote areas lacking cellular service. Despite smartphone competition, they remain popular for long drives and outdoor activities. The market sees mild growth, driven by fleet management and emerging economies, with trends toward rugged outdoor models, AI-driven features, voice commands, and subscription-based dynamic mapping services.

Portable Navigation Device Market Segment Analysis

In 2024, In-car GPS Devices Segment Held the Dominant Position with A Share of Above 59% While Standalone GPS Navigation Systems Segment Dominated the Portable Navigation Device Market In 2024 and accounted for 39% Of the Global Revenue Share.

By Type

Personal Navigation Devices

Handheld GPS Devices

In-car GPS Devices

By Technology

Standalone GPS Navigation Systems

Connected Navigation Systems

Real-Time Navigation Systems

By Application

Automotive navigation

Outdoor navigation

Marine navigation

Aviation navigation

Logistics & Fleet management

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Portable Navigation Device Market Regional Insights

In 2024, North America largest dominated the market in 2024 and is expected to hold the largest market share over the forecast period. Also, Europe is second largest dominated the market which presents a significant market share, driven by increasing demand for navigation solutions in the automotive and transportation sectors

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Market key players Fueling industry evolution

These companies are leading the Portable Navigation Device Market, demonstrating strong financial performance and strategic investments in product development and market expansion:

Garmin Ltd. (U.S.) – $6.30 billion

TomTom International BV (Netherlands) –$600 million

MiTAC Holdings Corp. (Taiwan) – $1.91 billion

Harman International (U.S./Germany) – $11 billion

Rand McNally (U.S.) – $110.9 million

New Related Markets Published by Maximize Market Research.

Flight Navigation System Market: Flight Navigation System Market size was valued at USD 19.64 Bn. in 2023 and the total revenue is expected to grow at 6.8 % through 2024 to 2030, reaching nearly USD 31.13 Bn.

Electronic Navigational Charts Market: Electronic Navigational Charts Market was valued at USD 1.12 Bn. in 2023. The Global Electronic Navigational Charts Market size is estimated to grow at a CAGR of 5.35 % over the forecast period.

GPS Tracking Device Market: GPS Tracking Device Market was valued at USD 3.1 Bn in 2023 and is expected to reach USD 7.34 Bn by 2030, at a CAGR of 13.1 % during the forecast period.

MAXIMIZE MARKET RESEARCH PVT. LTD.

Akash Raskar

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akash.r@maximizemarketresearch.com

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Portable Navigation Device Market to See Steady Growth with Advances in GPS Technology and Dynamic Mapping Solutions as per Maximize Research.