Global GNSS Chips Modules market cagr 9.4%

GNSS Chips Modules Market Size and Growth

The global GNSS Chips Modules market is projected to reach a value of $6.3 billion by 2027, with a CAGR of 8.5%. The increasing demand for accurate location tracking in various industries is driving market growth. Key players include Qualcomm, Broadcom, and STMicroelectronics. Technological advancements and growing adoption of IoT devices are expected to further boost the market. Request

Companies Covered (Covid 19 Impact Covered)

◍ Qualcomm

◍ Broadcom

◍ Mediatek

◍ U-blox

◍ STM

◍ Intel Corporation

◍ Furuno Electric

◍ Quectel Wireless Solutions

◍ Navika Electronics

GNSS Chips Modules Market is highly competitive with key players like Qualcomm, Broadcom, Mediatek, U-blox, STM, Intel Corporation, Furuno Electric, Quectel Wireless Solutions, Navika Electronics. These companies develop cutting-edge technology, invest in research and development, and use innovative marketing strategies to drive growth in the market. Actual sales revenue figures (in million dollars): Qualcomm - 24,143, Broadcom - 8,765, Mediatek - 8,576.

Market Segmentation

By Application

◍ Smartphones

◍ Tablets

◍ Personal Navigation Devices

◍ In-Vehicle Systems

◍ Wearable Devices

◍ Digital Cameras

◍ Others

By Product

◍ High Precision GNSS Chips & Modules

◍ Standard Precision GNSS Chips & Modules

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