Can Garmin Survive After Smartphones Nearly Killed GPS?

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CNBC

CNBC

Күн бұрын

Garmin was the biggest name in GPS devices in the early 2000s. The introduction of the iPhone, Android and Google Maps, however, disrupted the GPS industry, forcing Garmin to move into other businesses and find smaller niches to leverage. In recent years, it has innovated through products such as smartwatches for athletes and outdoor recreation, and GPS devices for boats, RVs, motorcycles, and airplanes. In an age of increasingly advanced smartphones, however, can Garmin's success last?
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Can Garmin Survive Smartphones Killing GPS?

Пікірлер: 999
@austinformedude
@austinformedude 4 жыл бұрын
Yes, because Garmin is WAAAAY bigger than the consumer market. They dominate the Aviation space, Shipping market, etc.
@noonehere4332
@noonehere4332 4 жыл бұрын
Brandon Wright Planes, Ships will not use a smartphone to navigate. How about cars that come with gps, who makes those? Apple?
@dennisp8520
@dennisp8520 4 жыл бұрын
The market is way bigger but what is gunna stop Google from entering that market as well? Google maps tends to be far more accurate due to them basically getting tons of free data to consistently update their maps.
@ayush.kumar.13907
@ayush.kumar.13907 4 жыл бұрын
@@dennisp8520 Google tends to fail repeatedly at making any sort of hardware, and here we have a competitor who has decades worth of market experience
@ShutThePuck
@ShutThePuck 4 жыл бұрын
As far as their consumer market goes it does feel like they're just waiting around until an app kills them. Why specifically get a Garmin if every smartphone can do the same thing and more? But to your point, Garmin will be fine, they're well diversified into other industries which frankly would prefer NOT to have everything reliant on a single app.
@carlthor91
@carlthor91 4 жыл бұрын
@@noonehere4332 I deliver a lot of vehicles for local dealers, to really out of the way places. Garmin by far has the best user experience IMHO. Three of my five personal GPS units are Garmin.
@frufrufrufru1999
@frufrufrufru1999 4 жыл бұрын
Definitely. I’m a pilot and Garmin dominates the aviation industry. They also have the best screens and interface for pilots.
@debojyotibasu5111
@debojyotibasu5111 4 жыл бұрын
What do you fly man??
@seancollins8926
@seancollins8926 4 жыл бұрын
And they have a great chance to grow as they expand the experimental market
@kazi1
@kazi1 4 жыл бұрын
Interesting
@robertgary3561
@robertgary3561 3 жыл бұрын
We paid $50,000 for a garnin 650 in a citation. Garnin is doing fine.
@frufrufrufru1999
@frufrufrufru1999 3 жыл бұрын
@@robertgary3561 exactly lol. People will still buy it
@RChyshkevych
@RChyshkevych 4 жыл бұрын
The beauty of GPS is that it does not rely on internet signal.
@redouane1437
@redouane1437 4 жыл бұрын
You can basically download an area on Google Maps and that’s it
@DanBrianGerona
@DanBrianGerona 4 жыл бұрын
OsmAnd works offline. Google Maps works offline too
@Aquagamer224
@Aquagamer224 4 жыл бұрын
Redouane true, but almost all Garmin devices sold new come with free maps now, and it's of the whole country. It also can connect to a backup camera
@DanBrianGerona
@DanBrianGerona 4 жыл бұрын
garmin is a dedicated device specifically designed for navigation. So it has longer run times, more robust and locks on the gps satellites faster. The smartphone is like a multitool. A multitool has a small knife, but that knife is not enough for a chef. Or the small saw, is not enough for carpentry. But, for the average person who already has a smartphone, most of the time, it's more than enough.
@volodumurkalunyak4651
@volodumurkalunyak4651 4 жыл бұрын
@@DanBrianGerona can garmin lock on satellites in 10 seconds beeing just powered on? Phone can 1. it takes advantage of internet connection to lock on satellites in 10s NOT 15 minutes possible with GPS sattelites alone 2. Phone stays always on so OS boot time is not counted, only load time for "MAPS" application + time to lock onto satellites
@magellanmax
@magellanmax 4 жыл бұрын
At least they didn't sleep at the wheel like executives at Blockbuster, Kodak, Fuji et al.
@go86go
@go86go 4 жыл бұрын
and blackberry
@BewareTheLilyOfTheValley
@BewareTheLilyOfTheValley 3 жыл бұрын
They learned to pivot, like HTC.
@andrew_koala2974
@andrew_koala2974 3 жыл бұрын
magellanmax Given our experience with GARMIN described above, there appear to be a few 'Blockheads' within GARMIN management that don't give a rats ass about the client when the client needs assistance. That is how one determines the value of the Business,
@haweater1555
@haweater1555 3 жыл бұрын
The smartphone basically killed Radio Shack. Nobody needed the gadgets they sold ... GPSs, cameras, calculators, answering machine, camcorders, walkmans, all these functions are integrated into smartphones. And tiny impossible to fix, so no business for tools and electronic components.
@stevek8829
@stevek8829 3 жыл бұрын
@@haweater1555 Radio Shack sold parts to build radios. Not many do that any more.
@evan1238
@evan1238 4 жыл бұрын
My 16th birthday present, the day i received my drivers license, was a Garmin navigation system for my car and it allowed me to go anywhere in Chicago and the surrounding area without fear of getting lost starting day-1, and it was so comforting knowing I was always going to make it home no matter where i was. I'm really glad Garmin made it after smartphones came out.
@sandyjadhav1844
@sandyjadhav1844 4 жыл бұрын
CNBC helping garmin in marketing
@Locutus
@Locutus 4 жыл бұрын
Advertorial.
@KenTheMan407
@KenTheMan407 4 жыл бұрын
I forgot these guys existed
@LawrenceMarkFearon
@LawrenceMarkFearon 4 жыл бұрын
Investors need "marketing" for stocks to buy. Much of Garmin's future income is unseen and from car companies.
@ThanhNguyen-pm7xn
@ThanhNguyen-pm7xn 4 жыл бұрын
20 minute commercial...
@SaceedAbul
@SaceedAbul 4 жыл бұрын
Locutus I rather they market them then Apple
@ninjanerdstudent6937
@ninjanerdstudent6937 4 жыл бұрын
There is this independent KZbinr, Company Man, who does segments called “How Big Are They?” He should do Garmin.
@ericthrasher67
@ericthrasher67 4 жыл бұрын
Love that KZbin channel !
@robblake8999
@robblake8999 4 жыл бұрын
coldfusion?
@jason9875
@jason9875 4 жыл бұрын
Rob Blake he’s good too
@DigitalBenny
@DigitalBenny 4 жыл бұрын
You can suggest it on his website 😉
@Theywantthedro
@Theywantthedro 4 жыл бұрын
Yes! He should !
@muskreality
@muskreality 4 жыл бұрын
As a pilot I trust GARMIN Avionics it always keeps you going when the going gets tough.
@yuchengzang1664
@yuchengzang1664 4 жыл бұрын
@keecefly then you should trust garmin’s auto land system
@vanshjain7910
@vanshjain7910 4 жыл бұрын
Come on Elon launch your own!
@Studio23Media
@Studio23Media 4 жыл бұрын
Garmin dominates the aviation, marine, and outdoors markets.
@LanielPhoto
@LanielPhoto Жыл бұрын
The biggest advantage to my Garmin GPS is privacy. No one is tracking me, knows where I am, and no one like Google or Samsung is listening to every word I say. Its also a completely self enclosed system - other than when I am updating the maps (its free). No monthly fees, no roaming fees, no endless ads, no pop-up notices other than those pertaining to navigation, and no "user account" required ..... its off the grid ! Beautiful. As far as I am considered, cellphone GPS users are the same types that actually take vertical videos..... dipsticks!
@SnoopyDoofie
@SnoopyDoofie 4 жыл бұрын
A GPS company based in Kansas - If only Dorothy knew. She and Toto would have found their way home sooner!
@SK-hm3ze
@SK-hm3ze 4 жыл бұрын
Smart allusion! You gotta sell it to Garman's marketing office.
@shaider1982
@shaider1982 4 жыл бұрын
The ruby shoes probably were made by Garmin.✌🤣
@DNHarris
@DNHarris 3 жыл бұрын
Hilarious!
@BewareTheLilyOfTheValley
@BewareTheLilyOfTheValley 3 жыл бұрын
That's adorable :)
@RichardHernandez-pz7bt
@RichardHernandez-pz7bt 3 жыл бұрын
😂😂 it took me a minute to get it 👏 omg lol
@targetpace2680
@targetpace2680 4 жыл бұрын
Garmin already dominates the sports wearables market. I’d like to see them diversify their products to take on the likes of Peloton with their acquisition of TACX. Garmin’s retail channels need to be looked at more closely as their products are often sold and serviced in marine equipment retailers. They need to build on their strengths and be more approachable by the casual sports enthusiasts.
@realrinat
@realrinat 4 жыл бұрын
garmin making radars for ships, boats, airplains, helicopters and so on, company gonna do good
@SuperPlayz
@SuperPlayz 4 жыл бұрын
Until phones can do that
@txbre8758
@txbre8758 4 жыл бұрын
SuperPlayz Phones won’t replace that market for a number of reasons. Military uses technology that can’t be tracked as much as phones can and a number of other things
@Avantime
@Avantime 4 жыл бұрын
@@SuperPlayz Regulations and insurance requires them to use approved commercial units, which can cost millions to certify. This is something you'll never be able to do with phones.
@OneManOnFire
@OneManOnFire 4 жыл бұрын
@@SuperPlayz No cell signal in the middle of the ocean
@therealbuba
@therealbuba 4 жыл бұрын
One Man On Fire smart phone GPS does not require cell signal if you download the maps beforehand.
@bradleysmith292
@bradleysmith292 4 жыл бұрын
If only Garmin made webcams so they can get their VP a better one 🙊
@myyube81
@myyube81 4 жыл бұрын
She is using stupid Apple computer, that’s why. 😎
4 жыл бұрын
HAHA, she still looks aiight. I'd tap it.
@NileshR12
@NileshR12 4 жыл бұрын
@@myyube81 How would you know that?
@carlosalvarez46
@carlosalvarez46 4 жыл бұрын
Patrick J Mims ayo??? 😭
@viperfang5291
@viperfang5291 4 жыл бұрын
NileshR12 because MacBooks use a potato 720p camera
@RyanFlyinHigh
@RyanFlyinHigh 4 жыл бұрын
Of course they'll survive. They're dominating Aviation right now
@nealrcn
@nealrcn 3 жыл бұрын
They dominate Trucking to
@AlexpxThreeTen
@AlexpxThreeTen 3 жыл бұрын
Blackberry, Nokia, PanAm, MySpace, Blockbuster, Polaroid, GM, heck even NASA all dominated their sector not long ago
@pilot9412
@pilot9412 3 жыл бұрын
They are killing it. The title of this video is stupid.
@SNDVeteran
@SNDVeteran 3 жыл бұрын
@@pilot9412 it is a question that the consumer wanted an answer to. I didn't know Garmin was excelling in aviation and trucking so this video is informational.
@Lucky8s
@Lucky8s 4 жыл бұрын
Smartphones haven't killed GPS. It uses GPS as GPS is a navigation system owned and operated by the US government. Just a correction on the title.
@merrymachiavelli2041
@merrymachiavelli2041 4 жыл бұрын
I was about to comment the same - it's an awful title.
@nats50
@nats50 4 жыл бұрын
@@NVGEAR There you go.
@dannyrauh8
@dannyrauh8 4 жыл бұрын
i’m almost certain they use a cellular connection for navigation
@alexhulinsky7954
@alexhulinsky7954 4 жыл бұрын
@@dannyrauh8 well they use data connection to download maps, and get directions, but it uses GPS to tell where you are.
@ritwikreddy5670
@ritwikreddy5670 3 жыл бұрын
@@dannyrauh8 No, you can use google maps even when you remove the sim card as long as you have downloaded the map for the area beforehand and it is very likely that the app already downloaded the map of the places 50 miles either way of the place you live, you can see that in the offline maps. You won't get live traffic data though and it will suggest you routes that are shortest by distance rather than shortest by time, which can lead to you going through tiny back lanes and quiet suburbs.
@vpsingh8583
@vpsingh8583 4 жыл бұрын
Garmin and Rand Mcnally, are the two most used navigation system in the trucking industry. Google maps and waze do not know truck specific routes and will route big trucks onto roads that have low underpasses.
@vpsingh8583
@vpsingh8583 4 жыл бұрын
@@Geoffr524 They were most likely google maps users with Rental trucks. I've seen videos of that bridge as well.
@FreewayBrent
@FreewayBrent 4 жыл бұрын
@@Geoffr524 That bridge has been struck twice in the past 2 weeks!
@Indpendent01
@Indpendent01 4 жыл бұрын
@@FreewayBrent the faster you go, the cleaner the shave!
@8ightbitshaun558
@8ightbitshaun558 3 жыл бұрын
rand mcnally sucks.. it's garmin dezl or nothing
@davidtriana
@davidtriana 4 жыл бұрын
I live in an area where cell phone signals are hit and miss. I always have a Garman in my glove compartment fully charged and ready to go in case I can't get a signal to my phone. Also: Nice 20 minute commercial for Garmin CNBC!
@UNSCPILOT
@UNSCPILOT 2 жыл бұрын
And Garmin's watches actually put in the effort to be durable, which is more than I can say for the other big companies that seem to push their luck with delicate little smart watches
@throwingstones96
@throwingstones96 4 жыл бұрын
"even airplanes" understatement of the year
@KShabee
@KShabee 4 жыл бұрын
A tech company that should've fizzled out following the growth of more capable smartphones decided to diversify and innovate. Someone forward this to BlackBerry & Nokia.
@jessebrook1688
@jessebrook1688 3 жыл бұрын
Blackberry learned by heading to the automotive software sector. They're probably working with Garmin now, in fact.
@jimmymifsud1
@jimmymifsud1 3 жыл бұрын
Hahah you’ve got no clue. You know Nokia, Ericsson, those old cell phone who don’t make them really anymore....I’m willing to bet you’re using a a device that runs on either Nokia or Ericsson system right now... they are absolutely huge and hold a almost monopoly on cell systems in the West
@anonyabiz9310
@anonyabiz9310 3 жыл бұрын
@@jessebrook1688 from someone that works in blackberry, specifically in the part of the company that handles the automotive sector I have never come across Garmin before. We have a range of customers in the industry, I will have to talk to my boss about this tbh.
@bicyclist2
@bicyclist2 3 жыл бұрын
Also Eastman Kodak.
@philippecr
@philippecr 3 жыл бұрын
Nokia is still around and well, they taken a backseat on consumer products, but still very strong in infra equipments.
@GreenAppelPie
@GreenAppelPie 4 жыл бұрын
No. They are not willing to keep their maps updated. I paid for a map update and it didn’t show roads built 4 years ago.
@Handidude
@Handidude 4 жыл бұрын
No cell service on the high seas. Still need GPS. You also never depend on one form of navigation. Remember paper charts, they're still used.
@radioactivecat
@radioactivecat 4 жыл бұрын
I’ve been wearing a Fēnix for a few years now and I absolutely love it. I don’t need a touchscreen and fancy amoled display and a lot of the extra fluff other brands tout. I love the available sizes and it’s memory in pixel display, which makes it incredibly easy to read in daylight. Oh, and the incredible battery life is a huge plus. I personally like the traditional round design of the watches, they have a unique look to them. I hope Garmin will be around for a long time.
@SrinidhiAithal
@SrinidhiAithal 4 жыл бұрын
Good fitness tracker not withstanding, battery life alone makes Garmin a compelling buy over other smart watches
@StevenQDeadrock
@StevenQDeadrock 4 жыл бұрын
Have enjoyed my Fenix 5 for several years now.
@UNSCPILOT
@UNSCPILOT 2 жыл бұрын
Just ordered a Garmin Instinct Solar, near infinite batter, durable, and good fitness tracking without needing to take out a loan to pay for it, can't wait to try it out
@TeamWagy
@TeamWagy 4 жыл бұрын
Of course garmin will survive, anyone in the fishing industry knows that.
@jacknettube
@jacknettube 3 жыл бұрын
If only the marine tech industry wasnt such an oligopoly..
@that_llama_in_a_tuxedo4584
@that_llama_in_a_tuxedo4584 3 жыл бұрын
@@jacknettube regulatory reasons for that. Much like in aviation things need to be certified to be reliable and it makes them expensive
@jacknettube
@jacknettube 3 жыл бұрын
@@that_llama_in_a_tuxedo4584 It makes a lot of sense why tech should be heavily regulated in aviation given its intricacies, but I don't recall any sort of strict regulation in the maritime electronics space outside of maybe water resistance, emergency service compliance if it does that, and using NMEA industry standard network protocols which itself is proprietary, rather than open, which I bet is solely designed to deter any new competition from emerging.
@fasalrafiq
@fasalrafiq 4 жыл бұрын
Ask this question to any runner or cyclist lol
@juanmejia7084
@juanmejia7084 3 жыл бұрын
My Garmin cost more than my cellphone, the conectivity with other sensors worth it
@repairdrive
@repairdrive 3 жыл бұрын
Lol. YEP! 😄
@InvisiMan2006
@InvisiMan2006 4 жыл бұрын
Standalone GPS killed itself once they charged you huge amounts of money to update their map data , when phone apps do this free.
@PrimoRocker
@PrimoRocker 4 жыл бұрын
You can download maps for free, you just have to search for them
@MrSGL21
@MrSGL21 3 жыл бұрын
most gps have lifetime free map updates.
@mike-bv2jc
@mike-bv2jc 3 жыл бұрын
@@MrSGL21 only if you buy the dedicated gps device. Tomtom doesn’t even offer free navigation on iPhone for example. You need a subscription for that
@MrSGL21
@MrSGL21 3 жыл бұрын
@@mike-bv2jc well duh. Of course I was talking about a standalone GPS. why would I give a s*** what TomTom releases or doesn't release for an iPhone idiots use iPhones. I drive professionally I use a standalone GPS as do most professionals who drive. Phones are for morons.
@mike-bv2jc
@mike-bv2jc 3 жыл бұрын
@@MrSGL21 you know then that tomtom is a crap software. I know because I use it myself. On a dedicated tomtom device
@randomchaos606
@randomchaos606 4 жыл бұрын
I would argue that the people who really need a GPS for work or exploration are still going to get a dedicated GPS.
@clarenceloieprima6747
@clarenceloieprima6747 4 жыл бұрын
i don’t think saw. in my country, uber drivers use their phones for navigation.
@randomchaos606
@randomchaos606 4 жыл бұрын
@@clarenceloieprima6747 true, I was more referring to wildland firefighters, fishermen, etc..
@janejan9728
@janejan9728 4 жыл бұрын
I thought this when I moved to Poland last year. I was convinced a dedicated GPS would be better. OMG my Garmin is such a horrific nightmare. Worst device ever. The updates are completely out of date, it always takes us out into the middle of nowhere on dirt roads and roads that don't exist, it panics when we don't follow it, the touch screen has very poor response, and it has no traffic capability so it's always dragging us through horrible traffic jams. It's awful. 0/10.
@tiramisu8359
@tiramisu8359 4 жыл бұрын
nope. eventually its tech will fall behind. today phone GPS has improved a lot, and its keeps improving. there is no way dedicated GPS could match phone GPS rapid improvement and support.
@doujinflip
@doujinflip 4 жыл бұрын
I load OpenStreetMap data to update my Garmin units, which also make them useful when I'm out of its native region
@notmenotme614
@notmenotme614 3 жыл бұрын
I’m sat here looking at this as I wear a Garmin Forerunner watch, I have a Garmin Edge on my bike and the Garmin Connect app on my phone. Garmin make more than just car GPS
@jaystarr6571
@jaystarr6571 3 жыл бұрын
If you already have an Edge you should have a Garmin Varia.
@notmenotme614
@notmenotme614 3 жыл бұрын
@@jaystarr6571 I don’t have a Varia but I do have the Garmin Vector power meter pedals. They’re a good purchase, if you’re into cycling I’d recommend a power meter.
@jaystarr6571
@jaystarr6571 3 жыл бұрын
@@notmenotme614 Not familiar with that one but I'll look into it.
@ralfz24
@ralfz24 4 жыл бұрын
It has come in handy to have when camping because most of the time there’s no cell service
@deningman
@deningman 3 жыл бұрын
Not mentioned was the growth by acquisition strategy.
@arabacus
@arabacus 3 жыл бұрын
They make the best running watches in existence, yes of course they can!
@prateshramjohn
@prateshramjohn 4 жыл бұрын
I know they're big outside the consumer market, but their fitness trackers are the best in class imo. it's just that they aren't as well established as fitbit and obviously cannot compete with the apple and samsung watches. Anyone that's serious about fitness tracking should go with garmin.
@CyclingInKilkenny
@CyclingInKilkenny 4 жыл бұрын
Garmin is more than GPS (the US system), depending on the product they also work with the Russian system and the European system called Galileo which is far more accurate than the US GPS system. It's worth being aware that all three systems can be used by American customers. Disappointing to see this info left out, its fairly valid and important.,
@BryanzHAn03
@BryanzHAn03 3 жыл бұрын
I bought a new Garmin DriveSmart 65 which also uses the Galileo system. It replaced my old nuvi 2597 LMT.
@paganphil100
@paganphil100 Жыл бұрын
Also can be used with the Chinese Beidau (spelling?) system which is very accurate. My GPSmap67 has all of them.
@menguardingtheirownwallets6791
@menguardingtheirownwallets6791 3 жыл бұрын
I love how the Garmin interface works a lot better and more intuitively than most GPS apps built for smartphones. Plus, once I put the GPS onto the dash I want to leave it there, I don't want to be constantly switching it in and out each time I go for a drive in my car, that's the main reason why I bought a stand-alone Garmin GPS unit for my vehicle.
@maratt88
@maratt88 4 жыл бұрын
Nokia's Ovi Maps/Here Maps were one of the pioneers in mobile navigation, with true offline navigation.
@joecostu1571
@joecostu1571 3 жыл бұрын
What's the name.
@RellyOhBoy
@RellyOhBoy 3 жыл бұрын
I remember back in the early 2000's when I was a Cable Guy...before all the mobile GPS units and Cell phone GPS became "affordable". I used to drive around with an old Dell Latitude C series laptop with Windows 2000 and Microsoft Streets & Trips connected to a Delorme USB hockey puck receiver on the dashboard. It was a blessing at the time and then all my guys found out about it and they started calling me on the nextel all day long asking me for directions. We've come along way since then.
@tiburonroano
@tiburonroano 3 жыл бұрын
With security concerns of Google knowing where you are at 24/7, I can see stand alone GPS car devices being useful.
@somonaaktar5398
@somonaaktar5398 3 жыл бұрын
People are glued to smartphones because it replaced almost a dozen items (radio, camera, music player, video player, telephone, wrist watch, clock, gps devices, phone book). Never take that thing in your pocket for granted.
@LawrenceMarkFearon
@LawrenceMarkFearon 4 жыл бұрын
Much of Garmin's future income is unseen and from car companies. That's an incredibly profitable and stable market. Makes perfect sense that Mercedes, BMW and Honda would harness Garmin's raw legacy data and AI software around it.
@christophmuller3511
@christophmuller3511 4 жыл бұрын
This market is dead as a dodo due to CarPlay and Android Auto.
@LawrenceMarkFearon
@LawrenceMarkFearon 4 жыл бұрын
Christoph Müller iPhone navigation isn’t nearly as good as the most advanced OEM’s incorporating Garmin’s Artificial Intelligence. Mercedes MBux is one example. They’re even projecting it on the windshield with augmented reality.
@1999TransAmWS6
@1999TransAmWS6 3 жыл бұрын
I've had about a dozen different smart watches over the past decade with 3 of them being Garmin, and the Garmin ones are my favorites. I love the software, interface and battery life.
@errhka
@errhka 4 жыл бұрын
Garmin GPS work when there is no cell service. When you are road tripping this is priceless and well worth the cost of buying a separate GPS. Plus you can upload your own maps to Garmins so they can be incredibly detailed too. For the day to day Google maps is fine, but if you are traveling the GPS still has its uses
@carlthor91
@carlthor91 4 жыл бұрын
I agree, I go beyond cell signal quite often, or into places where data charges will bankrupt you. Garmin, for land sea and air.
@elhaddad3435
@elhaddad3435 4 жыл бұрын
You can update maps on a phone stop shilling smh
@SWLinPHX
@SWLinPHX 4 жыл бұрын
El Haddad: yes there are apps for smart phones that work just like Garman where you can download maps and keep them local on your device.
@geobiking4798
@geobiking4798 3 жыл бұрын
I have a DeLorme Inreach (bought by Garmin) to communicate if I am injured, vehicle broke down, whatever if I am out of cell service which is often case in the mountain west. It allows me to roam without as much worry.
@dougrulz6381
@dougrulz6381 4 жыл бұрын
If you take road trips you need a dedicated GPS. I was driving across America and I was in Kansas, I had no cell service. My smartphone GPS was useless. Thank God I had my Garmin GPS.
@Unbeatable0007
@Unbeatable0007 4 жыл бұрын
Looks like a marketing video😅
@andrekikkert2787
@andrekikkert2787 4 жыл бұрын
Garmin: Hardware.....good Software......it works.........not there strongest side.
@quartytypo
@quartytypo 4 жыл бұрын
Problem with cell phone google maps is when the message, "cannot reach google at this time." This never happens on my car GPS. Always have a signal.
@volodumurkalunyak4651
@volodumurkalunyak4651 4 жыл бұрын
This also never happened with my Android phone despite having cellular gata or no cellular data avaiable or even no signall, GPS works regardless. Obviously searching for way or for places at some location is only avaiable online or on offline cached map and downloading offline map requires a bit of thinking compared to bying anouther device with maps built-in.
@quartytypo
@quartytypo 4 жыл бұрын
@@merchantmareed Exactly my point, thanks.
@dfpolitowski2
@dfpolitowski2 3 жыл бұрын
I was forced to give Garmin up when the unit could not search effectively for the place I wanted to go. I then tried Google maps with audio search and "bingo" instantly it registered the place I wanted to go. I remember trying, DMV, NJ motor vehicles, inspection station. Garmin couldn't understand me. Salvage yard, Junk yard? nothing. Though Google didn't have the better map at the time, I needed search desperately. Ben using Google maps ever since only been getting better since. That's the reason for their drop in stock price back then or at least my contribution to it.
@RaquelFoster
@RaquelFoster 4 жыл бұрын
Garmin has running watches that are a lot better than the Apple Watch, but they also cost twice as much. I have a Garmin Fenix 5 Plus from 2018. It's awesome being able to run a marathon, listen to music and track your route and heartrate without carrying a phone. Tiny women running with a huge iPhone strapped to their upper arm look hilarious. But almost everybody runs with their phone. I run 20-25 miles/week and I only have to charge it once a week. Nobody except Garmin makes watches that can last through a marathon. Constant GPS and heartrate tracking totally kills the battery. The Fenix goes from 12-day battery life down to 18 hours with GPS/heartrate activity tracking on. Then if you're playing music over bluetooth it goes down to 8 or 9 hours. The Apple Watch doesn't even last two hours with GPS + heartrate + playing music, and that's after it tries to make the battery last longer by not actually checking the GPS/heartrate that often, so the Garmin is much more accurate. And you actually still need your phone with you if you have the Apple Watch because the Spotify app doesn't actually work on the watch. It needs to get the music from your phone. And the Apple Watch is a lot harder to see in sunlight, and it's a lot harder to use a touchscreen when you're sweaty. And in 2019 Garmin came out with the Forerunner 945 which is a little cheaper and a lot lighter than the Fenix watches, and it lasts 10 hours with GPS + heartrate + music. But as soon as Apple decides they want to compete with Garmin that's gonna be bad news for Garmin.
@anjanikumar404
@anjanikumar404 4 жыл бұрын
good info
@bicyclist2
@bicyclist2 3 жыл бұрын
And for the Military and government contractors there's Tremble Navigation. I met the company founder when I dated his daughter in 90'. I have a friend who used to use a dash mounted GPS called a TOM TOM. I've occasionally used Google maps when I don't know where I'm going. The problem with GPS is big brother is watching you all the time. Thanks.
@mikeshane2048
@mikeshane2048 4 жыл бұрын
Most of the this dedicated devices are more reliable than multipurpose devices.
@hdihiiehei
@hdihiiehei 4 жыл бұрын
Nope iphones or other high end devices have more computing power than any garmin devices. Waze or any app for navigation are way better
@wayando
@wayando 4 жыл бұрын
Multifunction devices are getting better though. Just look at smartphone cameras. Music players is a done deal. Smartphone won. Even portable video player.
@doujinflip
@doujinflip 4 жыл бұрын
I've had smartphones crash and reboot especially on a long sunny drive, and I wouldn't trust them on my bike where it encounters sweat and rain. Purpose-built gadgets are designed with their more extreme environments in mind.
@stanhry
@stanhry 3 жыл бұрын
Battery life is all ways better on a dedicated device. Longevity is another win . I have a early Garmin eMap handheld that is around Twenty years old and I still use it as hiking ,biking , kayaking gps map. I can even load to latest maps.
@periziv2346
@periziv2346 4 жыл бұрын
Smartphones are dependent on the cellular towers to operate and uses data for the map navigation, as soon as those cellular towers are down or your phone is broken for any reason (Horican, Earthquake, Etc) - they are useless . GPS units got their map data downloaded to them so they will always work as long as there is GPS signal available and are not dependable on the cellular towers. I always got my Garmin units ready in my both cars - just in case...
@DanBrianGerona
@DanBrianGerona 4 жыл бұрын
So many offline map apps for Android smartphones. Even Google maps can work offline and of cellular network. Durability? There are smartphones designed for the outdoor activities. Even military grade smartphones.
@DougAlesUSA
@DougAlesUSA 4 жыл бұрын
Garmin: .... You need us when you are beyond cell phone or internet coverage Elon Musk: Hold my Starlink logo beer mug.....
@luminescentlion
@luminescentlion 3 жыл бұрын
The dish isn't allowed to leave it's service location currently and are you gonna carry around a 12 inch dish?
@TimothyEBaldwin
@TimothyEBaldwin 3 жыл бұрын
Smartphones are capable of GPS and route planning without network coverage.
@DougAlesUSA
@DougAlesUSA 3 жыл бұрын
Luminescent Lion are you seriously not aware of the size of current marine data and television dish antennas? From what I’m seeing, when you can get broadband internet, you use that in place of television dish services and cellular towers. The Starlink antenna would become the source of the vessels broadband Internet. The television dish would be eliminated, replaced by KZbin TV, Hulu, Sling, Netflix, etc. Many smartphones, including mine with Verizon, automatically switch away from cellular and over to wifi internet when on a wifi internet network for data, voice, and texting.
@luminescentlion
@luminescentlion 3 жыл бұрын
@@DougAlesUSA starlink would be great for a boat if the artifict limitations are removed but it's not gonna fit into your phone anytime soon due to the power and directional requirements
@DougAlesUSA
@DougAlesUSA 3 жыл бұрын
@@luminescentlion what are you talking about? I’m not talking about your 12 foot aluminum fishing boat. I’m talking about offshore vessels. They all have dishes now, big or bigger then a living room recliner, up on the radar arch of the boat.
@garyjanzig8500
@garyjanzig8500 2 жыл бұрын
I have a Garmin navigation device in my car. I only use my cell to talk, text, and get on the web if needed. I have a ski boat with cruise control made for tournament water skiing, and the GPS antenna is from Garmin. It also has an accelerometer (the same component that flips your smart phone screen). It holds the speed within the quarter mile per hour tolerance.
@MHaffiezMNazri
@MHaffiezMNazri 4 жыл бұрын
Garmin is 'dead' for an average Joe user, but it is well alive for professional users like pilots and shippers.
@ProjSHiNKiROU
@ProjSHiNKiROU 3 жыл бұрын
The problem with non-Google, Apple, Bing navigation apps (my parents had Ford Sync): entering an address in entirety in a fixed format is a struggle
@martinrotvig
@martinrotvig 3 жыл бұрын
How much did Garming pay for this? This was literally a 20 minutes add.
@Marty4650
@Marty4650 3 жыл бұрын
I've owned quite a few Garmin products for over 20 years, and each new device is better than the last one. And often it is cheaper too. I really think this is a well run company that does a good job of meeting consumer expectations.
@jojotwice8918
@jojotwice8918 4 жыл бұрын
For the regular consumer, Google maps is just soooooooo good
@dennisp8520
@dennisp8520 4 жыл бұрын
Yep, and it's not like Google can't pivot into the enterprise space as well
@ThatCrazyGamerz
@ThatCrazyGamerz 4 жыл бұрын
@@dennisp8520 I prefer Apple Maps
@mr.bianchirider8126
@mr.bianchirider8126 4 жыл бұрын
As long as you can get a cell phone signal.
@duancoviero9759
@duancoviero9759 4 жыл бұрын
@@mr.bianchirider8126 there are apps to help get around THAT as well.
@mr.bianchirider8126
@mr.bianchirider8126 4 жыл бұрын
Duan coviero Years ago before cell phones I remember traveling up the east coast through Vermont and Maine using a borrowed Magellan GPS. When we got into Canada the map was blank. The Canadians were very friendly and happy to give directions. My friend purchased a USA only GPS. Getting lost can be fun.
@aaroncostello8812
@aaroncostello8812 3 жыл бұрын
I usually drive older cars and like to have a Garmin GPS unit in the upper left-hand corner of my windshield. It is just nice to be able to look up at a glance and see if the street I want is the next left or the left after that. I also like to use my phone mostly as...a phone.
@theworddoner
@theworddoner 4 жыл бұрын
If they update their fitbit competitor product, I'll buy it. Please do so. Also please stop getting hacked.
@richardalexander5758
@richardalexander5758 4 жыл бұрын
I use my Garmin in the car even though I have an iPhone, and navigation in the vehicle. The Garmin shows interchange exits, lanes and a MUCH BETTER view of what I want and need to know while driving.
@clintongwanyama7188
@clintongwanyama7188 4 жыл бұрын
Lol did Tom Tom survive the smartphone GPS
@dcviper985
@dcviper985 4 жыл бұрын
Did TomTom dominate the avionics space?
@jeffagoddard
@jeffagoddard 4 жыл бұрын
About 20 years ago, I bought a portable Garman device for hiking and mountain biking. It was rugged durable and very accurate. Years later I bought the first generation iPhone. The GPS had buggy software and was not very accurate and had a fragile form factor. About five years ago the GPS delivered on an iPhone was greatly improved and is now 100% reliable. I never use the Garman device anymore. If I’m not mistaken, the iPhone uses LTE triangulation from cell towers until you’re in a situation with no cell towers where the satellite GPS kicks in. I’ve tested it while boating 10 miles offshore where there are no cell towers and my current iPhone performed flawlessly. I could only imagine that Garmin has lost the war with consumers but if I had a job or an occupation that relied on ruggedness and durability I probably still buy a Garman.
@peterkiryakov8729
@peterkiryakov8729 4 жыл бұрын
Great job on the research and analysis by Nikolay Todorov. Outstanding information
@dewiz9596
@dewiz9596 4 жыл бұрын
There’s no way I’m going to strap an iPhone to my bicycle. And I never used an iPhone when I was flying an airplane. The consumer products section of Garmin is quits separate from the aviation part. . . Aviation is solid as a rock. The quality of the consumer products, on the other hand, is wanting. If aviation was using the same standards, it would be raining aluminum.
@natehanneman6763
@natehanneman6763 4 жыл бұрын
I wish I had friends and family that could lend me five million dollars...
@healtheworldforabetterplac7574
@healtheworldforabetterplac7574 4 жыл бұрын
With inflation, 5 million dollars was a big value that time!
@glenerickson358
@glenerickson358 3 жыл бұрын
Forget that! I wish i was one of the initial investors
@ShaneABaker
@ShaneABaker 3 жыл бұрын
I have a Garmin watch and got it for a few different reasons; I can wear it while running and not worry about dropping my watch, since it is on my wrist, unlike a phone. I can bring my watch where I might not be able to bring my phone, and I can also use the watch without using my phone.
@mikebostic9518
@mikebostic9518 4 жыл бұрын
I think they'll adjust innovation shouldn't be a problem for them.
@adammirza660
@adammirza660 3 жыл бұрын
Pilot in their cockpit be like : Everywhere i go i see this thing
@Dennisaj
@Dennisaj 4 жыл бұрын
*"Garmin makes the best tactical smart watches for hard core enthusiast."*
@user-gs8jv4oq6w
@user-gs8jv4oq6w 4 жыл бұрын
The hell does that mean lmao
@krismine99
@krismine99 4 жыл бұрын
It is durable and offers maps and other useful features. Sometimes races don't allow you to use phones.
@kilianhzh
@kilianhzh 4 жыл бұрын
That's a niche market, lol
@spoileralert3754
@spoileralert3754 Жыл бұрын
I bought a 2018 vehicle brand new and it came with a navigation system. My mother bought a new 2021 model from the same maker and the navigation system was no longer available. The explanation from the dealership was smartphones come with navigation systems and they dropped it as an option. Technology in motion. ☮️
@milksteaven4559
@milksteaven4559 4 жыл бұрын
Dedicated GPS like Garmin does not need the internet. Phones, however, is only as good as its phone signals, which is rare when you’re driving into less populated areas.
@volodumurkalunyak4651
@volodumurkalunyak4651 4 жыл бұрын
Internet connected devices can use internet connection to find GPS satellite signal faster or enhance GPS accuracy (assisted GPS). Dedicated GPS devices like Garmin have no such opportunity.
@milksteaven4559
@milksteaven4559 4 жыл бұрын
Volodumur Kalunyak LOL that’s only IF you are connected. Whenever I travel to places where LTE signals are weak, it’s legit impossible to use my phone. GPS works REGARDLESS of internet presence, and that’s its key benefit.
@volodumurkalunyak4651
@volodumurkalunyak4651 4 жыл бұрын
@@milksteaven4559 i do not know what is wrong with you'r phone, but mine does not stop showing and updating my position despite moving from LTE to GSM with EDGE or without mobile data and back. Just yesterday I had road trip and it worked flawlessly. GPS (position tracking) on my phone works regardless of internet connection
@milksteaven4559
@milksteaven4559 4 жыл бұрын
Volodumur Kalunyak that really depends on the region or area you’re in as well as the network company you’re paying services for. Just because it worked on your trip doesn’t mean it will work on some other areas. Areas that are lacking cell towers, for example, are some typical examples.
@volodumurkalunyak4651
@volodumurkalunyak4651 4 жыл бұрын
@@milksteaven4559 No, it worked with data not avaiable and also with no cellular servise. How would that be different to outher no service or outher weak reception areas? Cellphone GPS reciever is like any outher GPS reciever, except it can use internet connection to start a lot faster than is possible without internet connection. You may assume: "it's not working", except it still works and takes 15 minutes to start ( time to obtain required data from GPS signal itself )
@timothycrawford3476
@timothycrawford3476 2 жыл бұрын
I've been a Garmin customer for years now, you know your getting a top of the line product when it's a Garmin. I tell everyone with Apple watches and Samsung watches to give Garmin watches a try, it does everything those do plus much more. I guarantee you'll not go back to those others once you make the switch.
@ramb0r0kr888
@ramb0r0kr888 4 жыл бұрын
1- my Garmin uses less power on 2 AA battery with no backlight on and can last for more than a day. 2- better GPS reception in questionable places like the base of a mountain. 3- takes very little space in my bag or attach outside of bag. 4- file size of maps are smaller.
@freddymontes1336
@freddymontes1336 3 жыл бұрын
We runners use Garmin watches. Splits, pace, workout and all.
@1hjehje
@1hjehje 4 жыл бұрын
I like Garmin products. I"m on my second in-car GPS and I like the free lifetime map upgrade feature. I use Google maps on a regular basis but my cell phone can overheat on long road trips in the summer. Google maps tends to get updated a bit sooner in newer areas, so it's nice to be able to use it, as well as my Garmin. I also have a Garmin Vivoactive 3 smartwatch, and its GPS locks on to satellites really quickly and is handy for walking and cycling.
@nosilverharbinger
@nosilverharbinger 4 жыл бұрын
Seconded! Having a dedicated, mounted GPS with traffic updates coming in by radio is much better, and safer, than having to constantly mess with a smartphone. I have done it both ways, and there is no way I would ever go back.
@stAirborneMk
@stAirborneMk 3 жыл бұрын
Cellphone overheats? Maybe upgrade that crappy phone lol. I use it all day as a truck driver and NEVER overheats...
@bodyemcal
@bodyemcal 3 жыл бұрын
I bought a garmin tactix and wear it all day, i like all the fitness metrics, golf yardage, and running with the map on my wrist. The stress and body battery is usually fairly good at indicating how I feel on a particular day and if im feeling ill or not. Expensive, but has features i like and use daily
@mwbgaming28
@mwbgaming28 3 жыл бұрын
The Achilles heel of smartphone maps is that they don't work without internet Once offline maps come as standard, dedicated GPS units are history
@ChrisLitton
@ChrisLitton 3 жыл бұрын
Google already had offline maps
@mwbgaming28
@mwbgaming28 3 жыл бұрын
@@ChrisLitton but they only work for 30 days before you are required to reconnect to the internet
@mryoutube4399
@mryoutube4399 Жыл бұрын
Need a dedicated GPS. Cellphone signals vanish in rural areas.
@fredbach6039
@fredbach6039 4 жыл бұрын
We had a Garmin very early on. Misled me all over the Kissimee area of Florida. My friends carried one when they traveled. The best thing we ever did was turn the danged thing off and ask for instructions. It was a piece of garbage. Never wanted to see one again. Oh yes - my friends' Garmin told them to "turn around now" right in the middle of a major highway.
@sudiptokumar986
@sudiptokumar986 4 жыл бұрын
Nostalgic first seen a gramin device in 2011, in a college field trip and was higly impressed
@armoredsaint007
@armoredsaint007 4 жыл бұрын
too bad Garmin didn't have better wifi for the interview
@savejeff15
@savejeff15 4 жыл бұрын
"we have great technology" ... Uses potato as Webcam for interview
@iot1452
@iot1452 4 жыл бұрын
Fr... this is so embarrassing 🤣🤣🤣
@Quagula
@Quagula 3 жыл бұрын
Yes. Try to get a cell signal in the mountains when navigating. GPS is still useful
@othoapproto9603
@othoapproto9603 4 жыл бұрын
Sure Garmin is the standard and the earned it. However, I wish they would hire me to revamp their interface. It looks like windows 95
@zallsindiestmerry
@zallsindiestmerry 3 жыл бұрын
I still using garmin GPS on my water treatment plant project
@jasonmako343
@jasonmako343 4 жыл бұрын
I've owned many Garmin products over the years. The last one was about 4 years ago and I'll never buy one again. They're slow, big, bad battery life, UI is clunky, maps were garbage, overpriced updates to maps...frankly no reason to ever buy one for the consumer market.
@duancoviero9759
@duancoviero9759 4 жыл бұрын
I have to agree on most of that though I did have one of their watches and that was really good.
@chicoperez6937
@chicoperez6937 3 жыл бұрын
They also have a lot of business in the military world also. Im currently wearing a Garmin on my wrist
@BetaBuxDelux
@BetaBuxDelux 3 жыл бұрын
I have several garmin products including a Fenix 6. Their stock price is up. As long as they keep innovating they’ll be fine. The HR sensor on the Fenix 6 could be better but their app is excellent.
@simpleaviator777
@simpleaviator777 4 жыл бұрын
*laughs in Tesla screen*
@carholic-sz3qv
@carholic-sz3qv 4 жыл бұрын
nope
@austinformedude
@austinformedude 4 жыл бұрын
Laughs in Airplane (Because Garmin absolutely dominates the Aerospace market)
@Avantime
@Avantime 4 жыл бұрын
@@austinformedude General aviation isn't particularly a growth market. Autonomous driving will be a huge driver for in-car software, but it takes megabucks to do it right. Only Tesla, Uber & Google/Waymo has that much resources, so Garmin will struggle in the long run.
@nickwinn
@nickwinn 4 жыл бұрын
Garmin will continue to do well in aviation, maritime and offroad markets.
@brandonporras1391
@brandonporras1391 4 жыл бұрын
Anyone else had the urge to buy a Garmin watch halfway through the vid?
@rabomarc
@rabomarc 4 жыл бұрын
I’ve been using a Garmin Fenix for over a year and definitely recommend it. It’s a great activity oriented watch with some smart watch features. And its battery lasts over a week. Garmin watches are actually a great choice for people looking to buy an Apple Watch or a Fitbit.
@stanhry
@stanhry 3 жыл бұрын
Just bought Felix 5 plus a couple days ago. Loving it. Not because of this video ,but because of Amazon prime day sale and I’m in that niche outdoor adventure market. I was kayaking , biking and , hiking on a road trip a week ago. I have three Garmin devices I used on the trip , an old handheld, their VIRB camera , and a car nav.
@russella7263
@russella7263 3 жыл бұрын
Garmin diversified into Marine and Aviation, funny, I thought it started in those areas.
@dcviper985
@dcviper985 4 жыл бұрын
Are y'all stupid? Garmin makes way more than in car satnav. They'll be fine.
@CannabisTechLife
@CannabisTechLife 4 жыл бұрын
Seriously...I'm wearing their watch right now lol
@lchaney
@lchaney 4 жыл бұрын
Not to mention avionics
@andrewmagdaleno5417
@andrewmagdaleno5417 4 жыл бұрын
I like this format, keep up the great work.
@enriquejimenez7173
@enriquejimenez7173 4 жыл бұрын
I sold my Apple Watch and got a Garmin watch. Definitely better than apple
@ericwes7351
@ericwes7351 3 жыл бұрын
Would love to breath new life into my beloved Street Pilot 2610.
@daveheel
@daveheel 4 жыл бұрын
A lot of people still own a garmin gps unit in spite of having a smartphone.
@toney5043
@toney5043 4 жыл бұрын
I do. True story. Was traveling through Tennessee to visit my daughter a few years back. Outside of Huntsville, my phone GPS died. I kept driving. Came to a crossroad and did a coin flip. After 3 hours of driving blind in the mountains of Tennessee I finally got a signal on my phone and reached my daughter. Told her what I saw signage wise and she said I was off track by about 40 miles. She guided me in the rest of the way. From then on, I don't travel without my Garmin as a backup.
@Lucas_Antar
@Lucas_Antar 4 жыл бұрын
Toney or just download the map before you go into the boonies.
@kemalknight5505
@kemalknight5505 4 жыл бұрын
Oh yeah, and the customer service is great too!
@samuelbarth-ibe6612
@samuelbarth-ibe6612 4 жыл бұрын
I made much profits from APPL stocks.
@bettyscruggs1961
@bettyscruggs1961 4 жыл бұрын
Good for you, i don't see myself making tangible profits considering my loss rate.
@samuelbarth-ibe6612
@samuelbarth-ibe6612 4 жыл бұрын
@@bettyscruggs1961 When you make the right decisions and take the right steps in trading the chances of losing your funds becomes slimmer and almost impossible especially when you have the right broker helping you trade, Mr Charles does mine.
@bettyscruggs1961
@bettyscruggs1961 4 жыл бұрын
@@samuelbarth-ibe6612 i would like to know more about his services.
@samuelbarth-ibe6612
@samuelbarth-ibe6612 4 жыл бұрын
@@bettyscruggs1961 Ok, you can go write him at {officialcharlesconnor@gmail.com}
@markpaul2239
@markpaul2239 4 жыл бұрын
@S C the rich keeps getting richer and the poor keeps getting poorer because they think everything is a joke. keep playing.
@Brison1949
@Brison1949 3 жыл бұрын
Garmin should not be charging for map updates on their maps, my maps are so outdated because I can't afford to update them so I now use google maps
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