Press release
Autonomous Vehicles Driving Growth In Positioning Systems Market: Critical Driver Shaping the Positioning Services Market in 2025
Positioning Services Market
Positioning Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size for positioning services has experienced swift growth. The market, which sat at $30.83 billion in 2024, is projected to expand to $35.05 billion in 2025 at a compound annual growth rate (CAGR) of 13.7%. The growth recorded in the historical period was a result of rapid urbanization, a strong automotive industry, the use of digital marketing and online platforms, increased dependence on location-based data, and a shift in focus towards understanding the customers' viewpoint in product positioning.
Positioning Services Market Size Forecast: What's the Projected Valuation by 2029?
The market size of positioning services is predicted to witness rapid expansion in the coming years, with an expected value of $57.76 billion in 2029, growing at a compound annual growth rate (CAGR) of 13.3%. Factors contributing to this growth during the forecast period can be linked to an increased focus on smart and integrated technologies, growth in precision agriculture applications, heightened demand for geospatial imagery analytics, mapping, and GIS applications, 5G network integration, and the rise of e-commerce. Key trends noted for the forecasted period range from the uptake of GPS technology, improvements in automotive navigation and positioning technology, progression in satellite technology to overall technological advancements.
View the full report here:
https://www.thebusinessresearchcompany.com/report/positioning-services-global-market-report
What Are the Drivers Transforming the Positioning Services Market?
The growth of the positioning services market is anticipated to be propelled by the rising number of autonomous vehicles. Autonomous vehicles are those that can navigate and operate without the constant need for human intervention, leveraging advanced sensor technologies, artificial intelligence, and computer systems. The surge in the number of these self-driving vehicles can be attributed to innovations in sensor technology and artificial intelligence, as well as strong investment and backing from governments and private corporations aimed at boosting safety and efficiency in transport. The development and operation of autonomous and self-driving vehicles heavily depend on high-accuracy and reliable positioning services, which aid in enhancing the functionality and safety of such automotive vehicles. The National Association of Insurance Commissioners, a non-profit organization based in the US, projected in December 2022, that there will be around 3.5 million autonomous vehicles on US roads by 2025, and this number is set to rise to 4.5 million by 2030. Thus, the growing number of autonomous vehicles is a significant driver of the positioning services market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16156&type=smp
What Long-Term Trends Will Define the Future of the Positioning Services Market?
Leading firms in the positioning services market are creating novel solutions like RTK (Real-Time Kinematic) service, that delivers highly precise, real-time data for various industrial applications. The RTK service is a satellite navigation method that supplies high-fidelity location data by adjusting GPS signals in real time, thus offering centimeter-level accuracy. For example, in August 2024, Onocoy, a Swiss firm specializing in information services, introduced Onocoy RTK. This Onocoy RTK, a high-precision Real-Time Kinematic (RTK) positioning service powered by blockchain, provides broad global coverage and dependable accuracy for industries such as agriculture, construction, and robotics. Notably, it offers a hardware-independent, decentralized network designed for easy integration and budget-friendly positioning services.
Which Segments in the Positioning Services Market Offer the Most Profit Potential?
The positioning services market covered in this report is segmented -
1) By Type: Indoor Positioning, Outdoor Positioning
2) By Application: Navigation, Surveying And Mapping, Fleet Management, Geotagging, Other Applications
3) By End-User: Transportation And Logistics, Defense And Military, Healthcare, Aerospace, Agriculture, Consumer Electronics, Other End-Users
Subsegments:
1) By Indoor Positioning: Wi-Fi-Based Positioning, Bluetooth-Based Positioning, Ultra-Wideband (UWB) Positioning, RFID-Based Positioning, Magnetic-Based Positioning, Infrared (IR) Positioning, Ultrasound Positioning, Zigbee-Based Positioning
2) By Outdoor Positioning: GPS (Global Positioning System), GNSS (Global Navigation Satellite System), Wi-Fi-Based Positioning, Cellular-Based Positioning, Bluetooth Low Energy (BLE)-Based Positioning, Radio Frequency-Based Positioning, Geographic Information Systems (GIS)-Based Positioning, Satellite-Based Positioning Systems (SBPS)
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=16156&type=smp
Which Firms Dominate the Positioning Services Market by Market Share and Revenue in 2025?
Major companies operating in the positioning services market are Stonex Group Inc., Qualcomm Inc., Honeywell International Inc., Broadcom Inc., Texas Instruments Inc., STMicroelectronics NV, Hexagon AB, Garmin Ltd., Nikon Corporation, Rockwell Collins Inc., Trimble Inc., Topcon Corporation, Leica Geosystems AG, TomTom N.V, NovAtel Inc., CHC Navigation, Eos Positioning Systems, Avidyne Corporation, Hemisphere GNSS Inc., Javad GNSS Inc., Septentrio Inc., Spectra Geospatial, ComNav Technology Ltd., Geneq Inc., Pentax Corporation, Kolida Instrument Co. Ltd.
Which Regions Offer the Highest Growth Potential in the Positioning Services Market?
North America was the largest region in the positioning services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the positioning services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16156
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Autonomous Vehicles Driving Growth In Positioning Systems Market: Critical Driver Shaping the Positioning Services Market in 2025 here
News-ID: 4138026 • Views: …
More Releases from The Business Research Company
Navigating the Future: Music Production System Market Trends and Forecast Insigh …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Music Production System Market Size Growth Forecast: What to Expect by 2025?
The market size for music production systems has seen robust expansion in recent periods. The market is projected to surge from $6.42 billion in 2024 to $7.01 billion in 2025, with a compound annual growth rate (CAGR)…
Global Point Of Sale (POS) Software Market Projected to Grow at 10.9% CAGR, Reac …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Point Of Sale (POS) Software Industry Market Size Be by 2025?
The POS (Point of Sale) software sector has undergone swift expansion in the past few years. This market, valued at $13.09 billion in 2024, is predicted to appreciate to $14.54 billion in 2025, implying an…
2025-2034 Muscle Tension Dysphonia Treatment Market Roadmap: Insights for Compet …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Muscle Tension Dysphonia Treatment Market Size By 2025?
The market size for treatment of muscle tension dysphonia has been on a consistent growth trajectory in the past few years. Projections suggest an increase from $12.77 billion in 2024 to $13.33 billion in 2025, representing a…
Unlocking Opportunities in the Platelet Aggregation Devices Market: 2025-2034 Fo …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Platelet Aggregation Devices Industry Market Size Be by 2025?
In recent years, there has been a monumental expansion in the market size of platelet aggregation devices. The market's worth is projected to surge from $0.83 billion in 2024 to $1.05 billion in 2025, amounting to a…
More Releases for Positioning
Wireless Positioning Unit Market
The "Wireless Positioning Unit Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Wireless Positioning Unit Market, 2024-2031
Verified Market Research's most recent report, "Wireless Positioning Unit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides…
Radiotherapy Patient Positioning Accessories Market - Precision and Comfort: Enh …
Newark, New Castle, USA: The "Radiotherapy Patient Positioning Accessories Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Radiotherapy Patient Positioning Accessories Market: https://www.growthplusreports.com/report/radiotherapy-patient-positioning-accessories-market/8690
This latest report researches the…
Patient Positioning Systems Market: Technological Advancements in Patient Posit …
The Patient Positioning Systems Market research report provides an in depth examination of the key factors stimulating market expansion. It also sheds light on the challenges or restraining factors that are poised to hinder industry growth over the forecast timeframe. Growth rate, market share captured, and valuation estimates for each region, segment, and company are documented as well.
View Report - https://www.theinsightpartners.com/reports/patient-positioning-systems-market/
Patient positioning systems include hospitals tables, patient positioners, and support…
Global Mobile Positioning System Market 2020 Business Strategies – Topcon Posi …
The market report titled “Mobile Positioning System Market for Mapping and Surviving, Live Tracking of Objects, Vehicles, and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016-2022.” and published by Zion Market Research will put forth a systematizedevaluation of the vital facets of the global Mobile Positioning System Market market. The report willfunction as a medium for the better assessment of the existing and future situations of the global…
fluidOps Strengthens Market Positioning
Walldorf, Germany – fluid Operations® AG (fluidOps), a leader in semantic technologies, today presented its new corporate positioning guided by the principle “Semantifying Business”. The company, which is underpinning this shift with the simultaneous launch of a new corporate identity and Web site, is placing a stronger focus on its core technological competencies.
Unleashing business potential
Information Workbench, the company’s semantic integration platform, is at the heart of the new positioning.…
New Linear Positioning Stage from PI miCos Unites Force, Compactness and Positio …
PI miCos has extended its LPS series of linear positioning stages. The drive arrangement of the new, compact LPS-45 stage series is based on a piezoelectric inertia drive.
Using only minimal space, these linear positioning stages provide a combination of high force and high positioning accuracy that cannot be achieved with conventional drive arrangements, such as DC and stepper motors. LPS-45 stages provide a holding force or maximum driving force of…
