Press release
GPS Chipset Market (COVID-19) to Witness Astonishing Growth by Forecast to 2028 | Broadcom, FURUNO Electric Co. Ltd., Infineon Technologies AG, Maxim Integrated, MediaTek Inc., Qualcomm Technologies International, SkyTraq Technology Inc.
The Insight Partners published a new report, titled, “GPS Chipset Market”. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine steps to be taken to gain a competitive advantage.The Global Positioning System (GPS) chips provide users instant location and time data anywhere on Earth. GPS is a space-based navigation system. GPS trackers are used to track assets by their owners, for tracking vehicles by fleet operators; and also to track individuals and other tracking objects. The global GPS chipset market is expected to grow due to a rise in the popularity of GPS tracking devices and increasing demand for smartphones across the globe.
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The COVID-19 outbreak is currently going the world over, the GPS Chipset Market report covers the impact of the corona-virus on top company’s growth. This research report categorizes as the key players in the GPS Chipset Market and also gives a comprehensive study of Covid-19 impact analysis of the market by regions like (Americas, Europe APAC, and EMEA).
The report offers key drivers that propel the growth in the global GPS Chipset Market. These insights help market players in devising strategies to gain market presence. The research also outlined the restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining the potential in untapped regions.
The research report by The Insight Partners, titled, “GPS Chipset Market”, offers a comprehensive analysis of key growth drivers, key segments, development strategies, market opportunities, and competitive landscape. This study offers detailed insights for market players, investors, stakeholders, and new entrants to understand the industry dynamics and determine strategic steps to gain a competitive advantage.
Rising demand for accurate real-time data, high penetration of consumer electronics devices, rising demand for high-speed internet. Also the network coverage such as 4G, 5G enabled devices, the growing popularity of IoT are the major drivers of the GPS chipset market. However, high capital expenditure in the agricultural application is limiting the market. On the other hand, increasing use for unmanned vehicle and growing demand for wearables are creating opportunities for the GPS chipset market.
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List of the Top Key Players of GPS Chipset Market:
1. Broadcom
2. FURUNO Electric Co., Ltd
3. Infineon Technologies AG
4. Maxim Integrated
5. MediaTek Inc
6. Qualcomm Technologies International
7. SkyTraq Technology Inc
8. STMicroelectronics
9. Texas Instruments
10. u-blox
The global GPS Chipset market is segmented on the basis of type and application. Based on type, the market is segmented as type 1 and type 2. On the basis of the application, the market is segmented into portable navigation devices (PND), automotive, consumer electronics, handheld device, and other applications.
This report focuses on the global GPS Chipset Market with the future forecast, growth opportunity, key market, and key players. The study objectives are to present the GPS Chipset Market development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
The recent research report on the global GPS Chipset Market presents the latest industry data and future trends, allowing you to recognize the products and end users driving Revenue growth and profitability of the market.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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