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GNSS IC Market to Witness Robust Expansion by 2024– Top Key players like Qualcomm,Broadcom,Mediatek,Inc.
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The APAC region would continue to account for the largest share of the GNSS chip market in the coming years. Due to the increasing adoption of IoT and portable consumer electronics devices in countries such as China, Japan, and South Korea, the GNSS chip market in APAC is expected to grow at a high rate.
Qualcomm, Broadcom and Mediatek captured the top three revenue share spots in the GNSS Chips market in 2016. Qualcomm dominated with 24.46% revenue share, followed by Broadcom with 13.68% revenue share and Mediatek with 8.19% revenue share.
The global GNSS IC market was 3570 million US$ in 2017 and is expected to 6110 million US$ by the end of 2025, growing at a CAGR of 7.0% between 2018 and 2025.
Market Segment by Manufacturers, this report covers
Qualcomm
Broadcom
Mediatek
u-blox
STM
Intel Corporation
Furuno Electric
Quectel Wireless Solutions
Navika Electronics
Market Segment by Type, covers
High Precision GNSS Chips
Standard Precision GNSS Chips
Market Segment by Applications, can be divided into
Smartphones
Tablets
Personal Navigation Devices
In-Vehicle Systems
Wearable Devices
Digital Cameras
Others
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https://www.marketresearchreportstore.com/reports/322149/global-gnss-ic-market-history-breakdown
Related Information:
North America GNSS IC Market Growth 2019-2024
United States GNSS IC Market Growth 2019-2024
Asia-Pacific GNSS IC Market Growth 2019-2024
Europe GNSS IC Market Growth 2019-2024
EMEA GNSS IC Market Growth 2019-2024
Global GNSS IC Market Growth 2019-2024
China GNSS IC Market Growth 2019-2024
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