GNSS is the technical compatibility and interoperability among various satellite navigation systems, including modernized GPS, GLONASS, Galileo, Beidou, etc., that are used by civilians and military personnel to enhance safety and convenience.GNSS chips are used in a wide range of applications such as consumer electronic devices including smartphones, tablets, personal navigation devices, in-vehicle systems, wearable devices and digital cameras. The growth potential ... Read more
A new report added to the repository of Market Research Reports Search Engine “GNSS Chip Market - Global Industry Analysis, Trend, Size, Share, and Forecast 2017 - 2025” is a comprehensive repository of information, providing market share, size, and forecast.
GNSS chip market is forecasted to reach $5,538.5 million by 2023, Geographically, the GNSS chip market is expected to witness the fastest growth in Asia-Pacific. Rise in demand of electronic, wearable and connecting devices, growing need for precise and real-time data along with the growing popularity of IoT are some of the major factors to have a significant positive impact on the industry.
The global navigation satellite system (GNSS) chip market is experiencing growth due to the increasing penetration of consumer electronic devices, focus toward smart city development, rising popularity of augmented reality, and growing demand for precise real-time data. GNSS is a term used to describe a satellite constellation which offers positioning, navigation, and timing (PNT) services on a regional or global basis.
