GNSS Chips & Modules Market Share Driven by Expanding Applications in Smartphones and Automotive Systems | Valuates Reports

GNSS Chips & Modules Market Size
The global market for GNSS Chips & Modules was valued at US$ 3198 million in the year 2024 and is projected to reach a revised size of US$ 4420 million by 2031, growing at a CAGR of 4.8% during the forecast period.

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The GNSS Chips & Modules Market is experiencing robust market growth as satellite navigation becomes integral to consumer electronics, transportation, and industrial applications. Market trends are being shaped by the rising adoption of location-based services, growing reliance on real-time navigation, and continuous advancements in multi-constellation support for improved accuracy. The increasing integration of GNSS technology into connected devices and vehicles is further expanding the overall market size.
By type, standard precision GNSS chips and modules hold the largest market share, driven by their widespread use in smartphones, tablets, and everyday consumer electronics. These solutions offer reliable positioning at cost-effective levels, making them the preferred choice for mass-market adoption. High precision GNSS chips and modules are the fastest-growing segment, fueled by rising demand in automotive, surveying, and industrial applications where accuracy and reliability are critical.
In terms of application, smartphones dominate the market share as GNSS integration is essential for navigation, ride-hailing, and mobile applications. In-vehicle systems represent the fastest-growing application segment, supported by the expansion of advanced driver assistance systems, autonomous driving technologies, and smart transportation networks. Tablets, personal navigation devices, wearable devices, digital cameras, and other applications also contribute to the market size by broadening the scope of GNSS-enabled solutions.
Looking ahead, the market forecast highlights strong momentum driven by advancements in chip design, improved power efficiency, and integration with emerging technologies such as IoT and 5G. The growing need for precise positioning in logistics, agriculture, and smart city infrastructure will further accelerate adoption. With continuous innovation and increasing global demand, the GNSS chips and modules market is set to play a central role in shaping the future of connected mobility and digital navigation.

by Type

• High Precision GNSS Chips & Modules
• Standard Precision GNSS Chips & Modules

by Application

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

By Company

Qualcomm, Broadcom, Mediatek, U-blox, STM, Intel Corporation, Furuno Electric, Quectel Wireless Solutions, Navika Electronics

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