A tractor that steers itself, an asset that knows it has been stolen, an airplane that lands without a pilot-sounds like a science fiction novel. It is the result of all of the Global Positioning Systems being distracted. The industry is set to surge and there are opportunities for entrepreneurs.
This spring, the US government plans to launch a next-generation GPS satellite to complement the 30 older models already in use. The aim is to create a strong signal for smart entrepreneurs, increased bandwidth, and many possibilities.
The Ministry of Defense has made its GPS signal available for commercial use in 1993, so the market for location-based services has swelled by nearly $ 500 million, and the demand for these services will It is expected to double in several years. Tracking, navigation, and hardware promise to be a multi-billion dollar market by 2010.
Startups are emerging everywhere, but many of the technologies are undeveloped. The unutilized areas of the navigation family are automated by the navigation family of wheelchairs from safe distances from other vehicles.
Huge companies like UPS offer some savvy entrepreneurs to prepare 75,000 drivers with GPS-enabled handhelds this year to help them reach their destinations more efficiently Similar navigation and tracking services will also come out.
Review AtRoad, Fremont California. The company released in 2000. In the case of email alerts that trigger "geo-fencing" software, our company is vehicle speed and / or fraud. Atload $ 17 per month Atroad's sales increased 19% to $ 75.2 million, a whopping 12.2% net profit margin.
This favorable game was also played by Apple co-founder Steve Wozniak, who started the Wheels of Zeus in 2002. This is GPS data and local wireless network. This technology helps parents monitor their children or alert it when company-owned computers leave the premises.
Agriculture and manufacturing companies are equipped with a tractor with an antenna that automatically guides the equipment and picks up the signal to control the amount of pesticide used;
There are companies that use this technology. The marine industry is expected to invest hundreds of millions in the future to equip ships equipped with cargo containers and GPS receivers.
Chipmakers caching is GPS chipset, phone, electronics, car navigation 13 devices per charge dollar. And with the new federal regulations that are forcing carriers to include GPS in their mobile phones and network devices, the demand for chips explodes
Remember the day we said that expecting to buy bottled water was something that American consumers will never do. Payment for water coming out of the kitchen sink faucet? How stupid! See the companies raised in the area!
Entrepreneur-GPS opportunities are there only if you know where to look. Remember, I heard it here first!
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