A bit of research, Navionics boating and marine app has been the dominant #1 navigation app since I've been following this. They have a few apps but from what I can tell, these are being discontinued, consolidated and superceded by this one. Navionics has annual revenue of $7mil, I believe this to be primarily if not all through app revenues. The Oz market makes up 8% of its app revenue equating to 560k P/a. Navionics is owned by Garmin.
While we are still along way from these figures here, the app charts indicate to me that we are closing in on this bit by bit at an increasing pace.
MWR Price at posting:
$3.16 Sentiment: None Disclosure: Held
