Press release
(GPS) Global Positioning Systems Market Industry Trends, Growth, Strategic Analysis, Future Scenarios of Forecast - 2029
Global (GPS) Global Positioning Systems Market was valued at USD 75.75 billion in 2021 and is expected to reach USD 302.57 billion by 2029, registering a CAGR of 8.30% during the forecast period of 2022-2029.Market research analysis data included in this report lend a hand to businesses for planning of strategies related to investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. What's more, (GPS) global positioning systems market report presents the data and information for actionable, most recent and real-time market insights which makes it easier to even take critical business decisions.
Market Overview:
The Global Positioning System (GPS) is a space-based global navigation satellite system that gives accurate location and timing information in all-weather situations, anyplace on or near the Earth where four or more GPS satellites are visible. The GPS device establishes radio links with several satellites orbiting more than 12000 kilometers above the earth's surface to determine its precise geographical position. It is a widely used worldwide navigation satellite system that is situated in orbit. Many industries benefit from its capabilities, including aviation and maritime transportation and on-road and off-road applications in the mining industry. By accurately synchronizing the signals sent from each satellite to the receiver, GPS receivers can identify their position, speed, and direction.
Market Scope and Size:
The (GPS) global positioning systems market is segmented on the basis of deployment and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Deployment
• Standalone Trackers
• Portable Navigation Devices
• Automotive Telematics Systems
• Consumer Devices
• Others
On the basis of deployment, the (GPS) global positioning systems market is segmented into standalone trackers, portable navigation devices, automotive telematics systems, consumer devices and others.
Application
• Road
• Aviation
• Marine
• Location-Based Services
• Surveying and Mapping
• Others
On the basis of application, the (GPS) global positioning systems market is segmented into road, aviation, marine, location-based services, surveying and mapping and others.
Country Level Analysis:
The countries covered in the (GPS) global positioning systems market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Key Players:
Some of the major players operating in the (GPS) global positioning systems market are
• Calamp (U.S.)
• Orbocomm (U.S.)
• Qualcomm Technologies, Inc (U.S.)
• Sierra Wireless (Canada)
• Hexagon (Sweden)
• Queclink Wireless Solutions Co., Ltd. (China)
• Shenzhen Concox Information Technology Co. Ltd., (China)
• Laird (U.K)
• TomTom International BV (Netherlands)
• Meitrack Group (China)
• Teltonika (Lithuania)
• TomTom International BV. (Amsterdam)
• ATrack Technology Inc. (Taiwan)
• Verizon (U.S.)
• Trackimo (U.S.)
• Geotab Inc. (Canada)
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