GNSS Chip Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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GNSS Chip Market
GNSS Chip Market Size and Growth
The global GNSS chip market is projected to experience significant growth due to increasing demand for precise location tracking in various industries. The market size is expected to reach $5.3 billion by 2026, driven by the adoption of GNSS technology in smartphones, automotive, and IoT devices. Strong market conditions indicate a promising future for GNSS chip manufacturers.
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Companies Covered (Covid 19 Impact Covered)
◍ Qualcomm
◍ Broadcom
◍ Mediatek
◍ U-blox
◍ STM
◍ Intel
◍ Furuno Electric
The GNSS chip market is highly competitive with key players such as Qualcomm, Broadcom, Mediatek, U-blox, STM, Intel, and Furuno Electric. These companies offer a range of GNSS chip solutions for various applications such as smartphones, automotive, and IoT devices, contributing to the growth of the market.
- Qualcomm: $23.5 billion
- Broadcom: $22.6 billion
- Intel: $71.9 billion
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Market Segmentation
By Application
◍ Smartphones
◍ Tablets
◍ Personal Navigation Devices
◍ In-Vehicle Systems
◍ Wearable Devices
◍ Digital Cameras
◍ Others
By Product
◍ High Precision GNSS Chips
◍ Standard Precision GNSS Chips
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Market Growth
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$ X Billion USD
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