Press release
Global GNSS Chip Market Size, Share, Development, Growth and Demand Forecast to 2023 By P&S Market Research
GNSS is the technical compatibility and interoperability among various satellite navigation systems, including modernized GPS, GLONASS, Galileo, Beidou, etc., that are used by civilians and military personnel to enhance safety and convenience.GNSS chips are used in a wide range of applications such as consumer electronic devices including smartphones, tablets, personal navigation devices, in-vehicle systems, wearable devices and digital cameras. The growth potential of GNSS chip market is tremendous in the coming years owing to the fast pace of technological evolution being witnessed worldwide.
To Browse Full Report Visit Here: www.psmarketresearch.com/market-analysis/gnss-chip-market
Market Dynamics
The global GNSS chip market is poised to witness tremendous growth over next few years, on account of rapidly surging demand for smartphones by the expanding population in Asia-Pacific (APAC) countries. In addition, several countries in Asia-Pacific have started preparing to launch their own GNSS constellations, which would further provide a tremendous boost to the GNSS chips market growth. North American and European countries are also expected to witness high growth in the GNSS chips market due to technological evolution of communication infrastructure and widespread establishment of the internet of things (IoT) network.
Growth Drivers
With surging demand for smartphones equipped with GPS tracking function, demand for GNSS chips is also expected to increase during the forecast period. In addition, expanding market for wearable devices globally, is anticipated to further propel growth in the market for GNSS chips during the forecast period.
With the advancement in technology, significant improvements in precision and speed of calculation of GNSS technology have been observed. This has in turn facilitated more rugged and accurate operations in the field on account of higher reliability of devices containing these GNSS chips.
Browse For Related Research Visit Here: www.psmarketresearch.com/industry-report/semiconductor-and-electronics
Competitive Analysis
Some of the major players operating in the GNSS chip market are Qualcomm Incorporated, STMicroelectronics N.V., Intel Corporation, Mediatek Inc., U-Blox Holdings AG, Broadcom Corporation, Furuno Electric Co. Ltd., Skyworks Solutions Inc., Quectel Wireless Solutions Co. Ltd., and Navika Electronics.
The GNSS chip manufacturers have been tapping the immense opportunities, for instance, GNSS chip manufacturer, U-Blox, partnered with Digicom, for developing its narrowband-IoT products, conducting a number of innovative and successful field trials for the new narrowband (NB)-IoT technology. Digicom offers efficient solutions for industrial markets employing NB-IoT technology, with a focus on connectivity solutions for the automotive industry, smart buildings, smart cities and industry 4.0.
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Contact:
Kundan
Manager – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com
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 Global GNSS Chip Market Size, Share, Development, Growth and Demand Forecast to 2023 By P&S Market Research here
News-ID: 575077 • Views: …
More Releases from P&S Market Research
Smart Cities Market Size, Revenue, Technology, Competitive Analysis, Growth Driv …
The global smart cities market is growing at a CAGR above 20% during 2018 - 2023 and will reach $2578.0 billion by 2023. Due to significant growth in automation technologies such as internet of things (IoT) and adoption of cloud based technologies, the global smart cities market is gaining huge traction. In addition, effective city asset management for public welfare, substantial operational cost savings, and automated public data generation applications…
Global Sports Food Market Expected to Witness 9.2% CAGR During 2016 – 2022
The global sports food market is expected to grow at a CAGR of 9.2% in terms of value during 2016 - 2022. Among the various types, the energy bars segment accounted for the largest share (71.5%) in the global sports food market in 2015.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/sports-food-market/report-sample
The manufacturers are trying to bring about products with the best blend of taste and healthy ingredients. They have started to…
Sports Nutrition Market by Type, Distribution Channel, Region, Growth and Demand …
The global sports nutrition market is expected to grow at a CAGR of 8.4% in terms of value during 2016 - 2022. Among the various types, the sports drinks segment accounted for largest share (61.4%) in the global sports nutrition market in 2015.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/sports-nutrition-market/report-sample
The increasing health concerns, such as obesity and awareness of physical appearances among all consumers groups is driving the demand for sports…
Orthopedic Trauma Devices Market Supply Chain Trends Mapping the Latest Technolo …
The global orthopedic trauma devices market is growing due to the increasing frequency of fractures, along with the growth of aging population. The advantageous features posed by orthopedic trauma devices, such as internal and external fixators to set a fracture, and in repositioning of bone fragments into their normal alignment are also driving the growth of the market worldwide. Furthermore, the internal fixators have reduced the hospital stays, reduced the…
More Releases for GNSS
Global GPS & GNSS Receivers Market Size by Application, Type, and Geography: For …
USA, New Jersey- According to Market Research Intellect, the global GPS & GNSS Receivers market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for GPS and GNSS receivers is expanding significantly due to the growing demand for accurate tracking, navigation, and timing solutions across…
Global GPS & GNSS Receivers Market Size by Application, Type, and Geography: For …
USA, New Jersey- According to Market Research Intellect, the global GPS & GNSS Receivers market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for GPS and GNSS receivers is expanding significantly due to the growing need for precise location-based services in a variety of…
GNSS Simulators - A comprehensive Analysis
GNSS stands for Global Navigation Satellite System. It is a satellite navigation system offering global coverage. It includes GPS, Beidou, Galileo, GLONASS, and other types of regional satellite navigational systems. This simulators are scenario based instruments which are easy to use by the end user.
Download PDF Sample at https://www.theinsightpartners.com/sample/TIPRE00006128/?utm_source=Openpr&utm_medium=10396
Increase in the demand for advanced wearable and connected devices are some of the factors which contribute to driving the GNSS simulators.…
GNSS Receiver Market to See Strong Investment Opportunity: Topcon, CHC Navigatio …
The Latest Released GNSS Receiver market study has evaluated the future growth potential of Global GNSS Receiver market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers,…
2019 GNSS Simulators Market By Key Players: Spirent Communications, Rohde & Schw …
GNSS Simulators Market report provides Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024. In addition, these 160 pages of report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Download PDF Sample of this Report @ https://www.reporthive.com/enquiry.php?id=1938020&req_type=smpl&utm_source=SN
GNSS Simulation: Replaces field testing…
GNSS and GPS Antennas Market 2018-2025 By Top Key Players: Harxon Corporation, N …
GNSS and GPS Antennas Market
Reports Monitor included a new market research study on the Global GNSS and GPS Antennas Market Size, Status, and Forecast Market with several graphs, pie charts, tables, and figures, which makes it easier for the users to comprehend the report. Currently, the market is expanding its presence.
A sample of this report is available upon request @ https://www.reportsmonitor.com/request_sample/121055
The research study offers a complete assessment of the market and includes future…
