According to ABI research report, the market for radio frequency identification (RFID) transponders, readers, software and services will generate USD 70.5 billion from 2012 to the end of 2017. The market was boosted by a growth of USD 900 million in 2011 and the market is expected to grow 20 percent YOY per annum. Government, retail, and transportation and logistics have been identified as the most valuable sectors, accounting for 60 percent of accumulated revenue over the next five years.

The European Union (EU) funded ‘i-GOing’ project, which aims to design, develop and demonstrate a precise indoor navigation service based on Galileo and advanced ‘pseudolite’ technologies. Pseudolites are small transceivers that are used to create a local, ground-based GNSS alternative. With the help of pseudolites, users will be able to locate themselves using GPS and Galileo signals, and then continue to receive accurate location signals in a seamless transition while moving into a building equipped with pseudolites.

South Korea, the International Atomic Energy Agency (IAEA), and Vietnam agreed on the sidelines of the ongoing second Nuclear Security Summit to consider introducing the Radiation Source Location Tracking (RADLOT) system in the Southeast Asian country, the event’s Preparatory Secretariat said.

Location is at the core of our vision for the future. The aim is to empower people via location-aware technology, he added. Going forward, we will continue to introduce more location-aware services that represent the future of mobility for consumer in India,” Tandon said

MapmyIndia was among the pioneers of bringing GPS navigation systems to India and over the years, they’ve perfected their local maps to a level which makes them one of the best and most reliable in the market.

Berg Insight expects that 2012 will be another positive year for the wireless M2M industry. A renewed interest in telematics technology from the global automotive industry has already had a positive effect on demand and promises to generate very significant additional volumes over the next years.

Realising the importance of Indian market, TomTom opened an expanded map making facility in Pune. Its new offices introduced state-of-the-art standards for delivering fresh, accurate navigation content and routing intelligence to India. The company delivers compelling new map products to the Indian consumer using multiple data sources including the latest crowd sourcing and community input tools.

According to a new research report from the analyst firm Berg Insight, global shipments of Personal Navigation Devices (PNDs) declined to about 33 million units in 2011. In mature markets where the installed base of PNDs is already high, the device category is facing increasing competition from smartphones and low-cost in-dash navigation systems.

The UK’s Information Commissioner’s Offi ce (ICO) voiced concerns over the growing pervasiveness of LBS and the lack of end user awareness about how much data these systems transmit. According to Jonathan Bamford, Head of strategic liaison at the data protection watchdog, the speed of development in this sector leaves regulators struggling to ensure that the necessary safeguards are in place. “The sheer scale of technological change and the ingenuity with which people are using LBS data feeds means we are always playing catch-up,”

u-blox has announced two new products equipped with Automotive Dead Reckoning (ADR) technology. The NEO-6V GPS module and UBX-G6010- SA-DR single-chip deliver drop-in, self calibrating GPS Dead Reckoning performance for high precision vehicle navigation systems. ADR enables highly accurate positioning in areas of weak or no GPS satellite reception such as within tunnels and park houses.