Press release
Nano GPS Chip Market to Reach USD 18.18 Bn by 2029, emerging at a CAGR of 12.6 percent and forecast 2023-2029
Nano GPS Chip Market
The report is compiled using rigorous research methods, incorporating quantitative and qualitative approaches to provide accurate and insightful market intelligence.
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What are Nano GPS Chip Market Dynamics:
The increasing attraction of population toward smart home appliances, rising investment in research and developments, and growing focus toward IoT devices are driving the growth of the market. The use of nano GPS chips in smart devices helps in finding the positions of devices in all environments by using smart information and reducing complexity. The growth of the sports and racing sector are expected to trigger the growth of the market. These nano GPS chips are increasingly used in sports cars and bikes for tracking and detection of their locations. In 2022, the USA stood at first place by having more racing tracks, followed by Italy, Japan, and Spain.
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Nano GPS Chip Market Regional Insights:
North America Leads in 2022; Propelled by IoT Dependency and Defense Spending
In 2022, North America emerged as the dominant region in the Nano GPS Chip market, driven by a growing dependence on IoT devices, high disposable income, and a focus on exercise activities. The United States, with substantial spending on defense equipment, played a pivotal role in channeling the growth of the GPS market.
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What is Nano GPS Chip Market Segmentation:
by Type
• Sensitivity
• Low power
by Application
• Smartphones
• Wearable's
• UAVs and Automotive
Who are Nano GPS Chip Market Key Players:
• Broadcom Corporation
• Intel Corporation
• Furuno Electric Co., Ltd.
• Qualcomm Incorporated
• STMicroelectronics N.V.
• Mediatek Inc.
• U-Blox Holdings AG
• Skyworks Solutions, Inc.
• Eagle Uav Services
• Misfit Inc.
• Hemisphere GNSS
• Quectel Wireless Solutions Co., Ltd.
• Navika Electronics
• OriginGPS Ltd
• Shenzhen Esino Technology Ltd
• Shenzhen Zhonghe Electronics Co., Ltd
• Dragon Bridge (SZ) Tech Co., Ltd
• VLSI Solution
• Analog Devices Inc
• Fujitsu
• OLinkStar Co., Ltd
• Unicore Communications, Inc
• ATMEL Corporation
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Table of content for the Nano GPS Chip Market includes:
Global Nano GPS Chip Market: Research Methodology
Global Nano GPS Chip Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Nano GPS Chip Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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