What Is The Leading Driver Behind Autonomous Vehicles Driving Growth In Positioning Systems Market Market Expansion in 2025

Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Positioning Systems Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size for positioning systems has experienced swift expansion. It is anticipated to rise from $93.34 billion in 2024 to $108.16 billion in 2025, recording a compound annual growth rate (CAGR) of 15.9%. Factors such as accelerated urbanization, the creation of smart cities, the increase in GPS-fitted vehicles, the boom in social media use, and the heightened uptake of e-hailing services have all contributed to this growth during the historic period.

Positioning Systems Market Size Forecast: What's the Projected Valuation by 2029?
Anticipations are high for the positioning systems market, as it is predicted to experience significant growth over the next few years, expanding to a staggering $190.4 billion by 2029 with a compound annual growth rate (CAGR) of 15.2%. This potential surge during the forecast period could be linked to several factors including the escalating demand for location-based services (LBS), the growing acceptance of autonomous vehicles, the increased need for positioning systems specifically in precision farming, the integration of the 5g network, and the rising proliferation of smartphones. Key trends to watch out for in this period encompass the incorporation of Internet of Things (IoT) devices, advancements in positioning system technology, focus on driver aid technologies and connected automobiles, comprehensive infrastructure enhancement, and the merger of GPS capabilities.

View the full report here:
https://www.thebusinessresearchcompany.com/report/positioning-systems-global-market-report

What Are the Drivers Transforming the Positioning Systems Market?
The burgeoning count of autonomous vehicles is likely to fuel the expansion of the positioning systems market. Autonomous vehicles, self-navigating cars that utilize advanced sensor technology, computer systems and artificial intelligence, operate with minimal human supervision. There is a growth in the number of autonomous vehicles, driven by advancements in artificial intelligence and sensor technology, sizeable investments and government support to amplify safety and efficiency in transport systems. Positioning systems, a vital corollary technology, provide the necessary precision, integrity, and common reference architecture needed for reliable autonomous driving as these vehicles gain in popularity. For example, the National Association of Insurance Commissioners, a non-profit organization based in the U.S., projected in December 2022 that by 2025, there will be 3.5 million autonomous vehicles on American roads, and by 2030, this number will increase to 4.5 million. Thus, the rise in the count of autonomous vehicles is propelling the positioning systems market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16157&type=smp

What Long-Term Trends Will Define the Future of the Positioning Systems Market?
Firms that dominate the positioning systems market are concentrating on enhancing positioning technology, including visual positioning systems, to solidify their market position. Visual positioning systems (VPS) facilitate precise localization and navigation of objects or gadgets in real-world settings using visual data acquired from cameras or sensors. For example, in February 2023, Immersal Oy, a company based in Finland specializing in augmented reality, introduced the Immersal City-Scale Visual Positioning System. This groundbreaking solution leverages computer vision and machine learning to deliver highly accurate indoor and outdoor positioning, making possible smooth augmented reality experiences. The Immersal system comes with advanced functionalities like automatic 3D mapping, instantaneous localization and multiple device support, rendering it a versatile tool for numerous use-cases such as smart city projects, facility management and retail interactions.

Which Segments in the Positioning Systems Market Offer the Most Profit Potential?
The positioning systemsmarket covered in this report is segmented -

1) By Component: Hardware, Software, Services
2) By Technology: Satellite-Based, Non-Satellite Based
3) By Application: Navigation, Surveying And Mapping, Fleet Management, Geotagging, Other Applications
4) By End-User: Transportation And Logistics, Defense And Military, Healthcare, Aerospace, Agriculture, Consumer Electronics, Other End-Users

Subsegments:
1) By Hardware: GPS Receivers, Antennas, Sensors (Accelerometers, Gyroscopes), Processors, RF Modules, Other Hardware Components
2) By Software: Navigation Software, Mapping And Visualization Software, Positioning Software (GNSS, RTK, And Others), Data Processing Software, Application Software (Location-Based Services, Fleet Management)
3) By Services: Consulting Services, Integration Services, Maintenance And Support Services, Cloud-Based Positioning Services, Training Services, Data Services (Satellite Data, Location-Based Analytics)

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=16157&type=smp

Which Firms Dominate the Positioning Systems Market by Market Share and Revenue in 2025?
Major companies operating in the positioning systems market are General Electric Company, A.B Volvo, Qualcomm Inc., Broadcom Inc., ABB Ltd., L3 Harris Technologies Inc., Rolls Royce PLC., Wartsila, Hexagon AB, Trimble Navigation Ltd., Kongsberg Gruppen ASA, MiTAC Digital Technology Corporation, Royal IHC Ltd., Norr Systems Pte Ltd., RH Marine, Twin Disc inc., Moxa Inc., Alphatron Marine BV, Sonardyne International Ltd., Reygar Ltd., Thrustmaster of Texas Inc., Marine Technologies LLC, Navis Engineering, Raytheon Anschutz, Praxis Automation Technology BV

Which Regions Offer the Highest Growth Potential in the Positioning Systems Market?
North America was the largest region in the positioning systems market in 2024. The regions covered in the positioning systems 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=16157

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.

Speak With Our Expert:
Saumya Sahay,
Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info

The Business Research Company - www.thebusinessresearchcompany.com

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company

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.