GNSS Chip Market Business Growth, Trends, Outlook, Opportunities, Demand Analysis- Qualcomm, Broadcom, Mediatek, U-blox, STM, Intel, Furuno Electric

The Latest report about the GNSS Chip market provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the GNSS Chip market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully established its position.

The global GNSS Chip market size is projected to reach US$ 3783.5 million by 2027, from US$ 2714.6 million in 2020, at a CAGR of 4.9% during 2021-2027.

Request a Free Sample Copy of the Report

https://www.marketinsightsreports.com/reports/01265040283/global-gnss-chip-market-insights-and-forecast-to-2028/inquiry?Mode=Saiba

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Qualcomm, Broadcom, Mediatek, U-blox, STM, Intel, Furuno Electric

News and Updates

December 2021 - MediaTek announced device maker acceptance and endorsements from some smartphone brands, including OPPO, Vivo, Xiaomi, and Honor, for its Dimensity 9000 5G smartphone chip for next-generation flagship smartphones. The first flagship smartphones powered by the Dimensity 9000 will hit the market in the first quarter of 2022. Since the processor supports the newest Wi-Fi, Bluetooth, and GNSS standards, smartphone users can experience seamless communication.

January 2021 - Qualcomm Technologies Inc. and Alps Alpine Co. Ltd announced a camera-based sensing and positioning device called ViewPose to support absolute lane-level vehicle positioning. Alps Alpine is leveraging multiple solutions from Qualcomm Technologies like the Qualcomm Snapdragon Automotive 5G platform, which supports Multi-Frequency GNSS and a Snapdragon Automotive Cockpit Platform for processing multiple camera images and Vision Enhanced Precise Positioning (VEPP) software. This provides a cost-effective solution to lane-level accuracy for the electric front, rear- and side-view mirrors, high-definition map crowdsourcing, lane-level navigation for cellular vehicle-to-everything (C-V2X), and advanced driving assistance systems (ADAS) and autonomous driving applications.

Market Overview

Global Navigation Satellite System (GNSS) is the infrastructure that allows users with a compatible device to determine their position, velocity and time by processing signals from satellites. GNSS signals are provided by a variety of satellite positioning systems, including global and regional constellations and Satellite-Based Augmentation Systems:

Asia-Pacific, which is accounted for more than 65% of global GNSS chips revenue market share in 2019. In 2019, smartphones accounted for the largest share of 74% of the GNSS chip market, followed by tablets with a share of 8%. Qualcomm, Broadcom and Mediatek captured the top three revenue share spots in the GNSS Chips market in 2019. Qualcomm dominated with 25% revenue share, followed by Broadcom with 18% revenue share and Mediatek with 10% revenue share. Based on the product type, standard precision GNSS Chips occupies a larger market share, while the high-precision GNSS chips will grow at a higher growth rate in the forecast period.

GNSS Chip Market Segmentation:

Breakdown Data by Type

High Precision GNSS Chips
Standard Precision GNSS Chips

GNSS Chip Breakdown Data by Application

Smartphones
Tablets
Personal Navigation Devices
In-Vehicle Systems
Wearable Devices
Digital Cameras
Others

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global GNSS Chip market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

Get Benefited Discount at-

https://www.marketinsightsreports.com/reports/01265040283/global-gnss-chip-market-insights-and-forecast-to-2028/discount?Mode=Saiba

GNSS Chip Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the GNSS Chip market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the GNSS Chip market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the GNSS Chip Market report.

Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.