GNSS Chip Market - Insights On Future Scope, Evolving Technology And Growth Outlook 2028 | Intel Corporation, U-blox Holdings AG, MediaTek Inc., Navika Electronics

A recent report published by QMI on the GNSS chip market is a detailed assessment of the most important market dynamics. After carrying out a thorough research of GNSS chip market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for GNSS chip during the forecast period. It can enable manufacturers of GNSS chip to change their production and marketing strategies in order to envisage maximum growth.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Intel Corporation
2. U-blox Holdings AG
3. MediaTek Inc.
4. Navika Electronics
5. Quectel Wireless Solutions Co., Ltd.
6. Skyworks Solutions, Inc.
7. Furuno Electric Co. Ltd.
8. Broadcom Limited
9. Qualcomm Technologies, Inc.
10. ST Microelectronics N.V.
11. Eagle Uav Services, Misfit Inc.
12. and Hemisphere GNSS

According to the report, the rising demand for applications such as distance learning, autonomous driving, multi-user gaming, and video calling is expected to drive the growth of GNSS chip market during the forecast period. There has been an increase in the use of GNSS chips for mapping and surveying applications like tracking unfamiliar locations that are suitable for mining, agriculture, and construction.

Segmentation for better understanding of this market and its growth prospects:
Based on devices, it is segmented into Smartphones, In-Vehicle Systems, Tablets, Personal Navigation. GNSS chips are most widely used in smartphones owing to its increasing demand in the developing countries and the need for real-time information like the exact location of the vehicles and other assets. By application, it is segregated into Location-Based Services, Navigation, Telematics, Surveying, Mapping, Timing & Synchronization.

Important Developments:
o In Feb 2018, u-blox has done product innovation in their product portfolio e u blox F9 technology platform, delivering high precision positioning solutions for mass market industrial and automotive applications.
o In May 2017, STMicroelectronics NV has done the partnership with Allystar to develop GNSS applications and solutions for automotive products as well as a wide array of some other applications.

Factors that will have a significant impact on the market growth are:
o Rising demand for applications such as distance learning, autonomous driving, multi-user gaming, and video calling
o Adoption of high-speed internet with 5G and 4G

Insights about the regional distribution of market:
The market has been segmented in major regions to understand the global development and demand patterns of this market.

For GNSS chip market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific, and Western Europe are expected to be major regions on the GNSS chip market.

North America and Western Europe have been one of the key regions with technological advancements in ICT, electronics & semiconductor sector. Factors like the use of advanced technology and the presence of global companies to cater to the potential end-users are favorable for the growth of the GNSS chip market. Also, most of the leading companies have headquarters in these regions.

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Asia Pacific is estimated to be one of the fastest-growing markets for the GNSS chip market. Major countries in the Asia Pacific region are China, Japan, South Korea, India, and Australia. These economies in the APAC region are major contributors in the ICT, electronics & semiconductor sector. In addition to this, government initiatives to promote technological advancement in this region are also one of the key factors to the growth of the GNSS chip market. The Middle East and Rest of the World are estimated to be emerging regions for the GNSS chip market.

Market Segmentation:
By Devices:
o Smartphones
o In-Vehicle Systems
o Tablets
o Personal Navigation
By Application :
o Location-Based Services
o Navigation
o Telematics
o Surveying
o Mapping
o Timing & Synchronization
By Region:
o North America
o By Country (US, Canada, Mexico)
o By Devices
o By Application
o Western Europe:
o By Country (Germany, UK, France, Spain, Rest of Western Europe)
o By Devices
o By Application
o Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Devices
o By Application
o Asia Pacific
o By Country (China, Japan, India, Rest of Asia Pacific)
o By Devices
o By Application
o Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Devices
o By Application
o Rest of the World
o By Region (Latin America, Brazil, Rest of the World)
o By Devices
o By Application

Reasons To Buy This Report:
o Market size estimation of the global GNSS Chip market on a regional and global basis.
o The unique research design for market size estimation and forecast.
o Profiling of major companies operating in the market with key developments.
o Broad scope to cover all the possible segments helping every stakeholder in the market.

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 706 672 5858 / +91 706 672 5858 / +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.