Press release
Positioning Services Market Expansion Continues, with Forecast Valuation of $56.13 Billion by 2029
Positioning Services Market
How Large Will the Positioning Services Market Size By 2025?
The market size of positioning services has exhibited swift growth over the past few years. The projections show an increase from $30.83 billion in 2024 to $34.9 billion in 2025, indicating a compound annual growth rate (CAGR) of 13.2%. The historical period growth is due to various factors such as quick-paced urbanization, a thriving automotive industry, widespread use of digital marketing and online platforms, an escalated dependence on location-based information, and a shift in concentration towards consumer-oriented product positioning.
How Big Is the Positioning Services Market Size Expected to Grow by 2029?
Over the coming years, the market size for positioning services is anticipated to experience swift expansion, reaching a value of $56.13 billion in 2029 with a 12.6% Compound Annual Growth Rate (CAGR). This predicted growth can be credited to the increasing focus on smart and interconnected technologies, the rise of precision agriculture applications, the growing need for geospatial imagery analytics, mapping, GIS applications and the integration of 5G networks, as well as the surge of e-commerce. Important trends for the forecasted period encompass the implementation of GPS technology, progress in automotive navigation, advancements in positioning technology, the evolution of satellite technology, and other technological advancements.
View the full report here:
https://www.thebusinessresearchcompany.com/report/positioning-services-global-market-report
Which Key Market Drivers Powering Positioning Services Market Expansion and Growth?
The rise in autonomous vehicles is anticipated to boost the expansion of the positioning services market. These self-operating vehicles utilize high-end sensor technologies, computer systems, and artificial intelligence in order to navigate and function without the need for constant human supervision or intervention. This rise in autonomous vehicles can be attributed to improvements in artificial intelligence and sensor technology, underscored by significant investments and backing from private corporations and government entities aimed at reinforcing safety and efficiency in transportation systems. Precise and dependable positioning services are essential for the creation and operation of autonomous and self-driving vehicles, allowing for enhanced safety and functionality of automotive vehicles. To illustrate, the National Association of Insurance Commissioners, a non-profit organization based in the U.S., predicted in December 2022 that by 2025, there will be approximately 3.5 million autonomous vehicles on American roads and this number is expected to rise to 4.5 million by 2030. Hence, the growing prevalence of autonomous vehicles is a driving force for the positioning services market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16156&type=smp
Which Fast-Growing Trends Are Poised to Disrupt the Positioning Services Market?
Leading companies in the positioning services market are introducing pioneering solutions such as RTK (Real-Time Kinematic) service, which offers high precision, real-time information for various industrial applications. The RTK service is a satellite navigation method that renders highly precise location data by rectifying GPS signals instantaneously, facilitating centimeter-standard precision for positioning. For example, in August 2024, a Switzerland-based information services firm, Onocoy, introduced onocoy RTK. This system, powered by blockchain technology, is a high-accuracy Real-Time Kinematic (RTK) positioning service with worldwide coverage, providing dependable precision for applications in sectors such as agriculture, construction, and robotics. Onocoy RTK presents a hardware-independent, decentralized network developed for convenient integration and budget-friendly positioning solutions.
What Are the Emerging Segments in the Positioning Services Market?
The positioning servicesmarket 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
Who Are the Global Leaders in the Positioning Services Market?
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 are the Top Profitable Regional Markets for the Positioning Services Industry?
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
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@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 Positioning Services Market Expansion Continues, with Forecast Valuation of $56.13 Billion by 2029 here
News-ID: 4243789 • Views: …
More Releases from The Business Research Company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Positioning
Patient Positioning System Market Transformation Report 2036: Innovation Trends, …
The global Patient Positioning System Market is entering a decade of high-tech transformation, projected to grow from USD 1,249 million in 2025 to USD 1,958 million by 2035. Expanding at a CAGR of 4.6%, the industry is set to grow 1.6X over the next ten years, driven by a surge in robotic-assisted surgeries and the expansion of outpatient surgical centers. As hospitals face stricter safety regulations and rising concerns over…
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.…
