GNSS Chip Market Projected to Show Strong Growth by 2025: Intel Corporation, Mediatek Inc, Skyworks Solutions, Broadcom Corporation
GNSS Chip is a device that is enables the user to find the position of the tracked object, or person. It consumes minimum power and has simplified integration with the existing systems to pin point the exact location of the desired object or person. The market is majorly driven by increased demand for mobile infrastructure, increased mobile infrastructure, and increasing up gradation in miniaturization infrastructure.
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The Global GNSS Chip Market accounted for USD 3.5 billion in 2018 growing at a CAGR of 7.6% in the forecast period is 2019 to 2025.
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Major Key players profiled in this report are:
Qualcomm Technologies, Inc., 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., Navika Electronics, among others.
Major Market Drivers & Restraints:
- Increased demand for consumer electronic devices
- Growing incorporation of high-speed internet
- Increasing demand for accurate real-time data
- High initial investments
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
- Company Landscape
- Company Profiles
- Related Reports
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Segmentation: GNSS Chip Market
On the basis of receiver into Global Positioning System (GPS), Galileo, Global Navigation Satellite System (GloNASS), Satellite-Based Augmentation System (SBAS), and Beidou Navigation Satellite System.
On the basis of device, the global GNSS Chip market is segmented into smartphones, tablets, navigation devices, and in-vehicle systems.
On the basis of application, the global GNSS Chip market is segmented into navigation, mapping, surveying, augmented reality, telematics, timing and synchronization, gaming, and weather forecasting.
On the basis of vertical, the global GNSS Chip market is segmented into consumer electronics, construction, agriculture, automotive, military & defence, marine, and transport.
On the basis of geography, the global GNSS Chip market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa.
Reasons to Purchase this Report:
- Current and future of Global GNSS Chip Market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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