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Increasing Focus on Smart Cities to Drive Global Navigation Satellite System Chip Market

The global navigation satellite system (GNSS) chip market is experiencing growth due to the increasing penetration of consumer electronic devices, focus toward smart city development, rising popularity of augmented reality, and growing demand for precise real-time data.

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Increasing Focus on Smart Cities to Drive Global Navigation Satellite System Chip Market

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  1. GNSS Chip Market

  2. GNSS Chip Market The global navigation satellite system chip market is experiencing growth due to the increasing penetration of consumer electronic devices, focus toward smart city development, rising popularity of augmented reality, and growing demand for precise real-time data. GNSS is a term used to describe a satellite constellation which offers positioning, navigation, and timing (PNT) services on a regional or global basis. Owing to the benefits offered by the internet of things (IoT) technology, such as the ease of handling emergency situations, augmented decision making, remote control access, time management, and cost trimming, it is being increasingly adopted by end users. IoT enables data exchange among buildings, vehicles, and other objects across the existing network infrastructure. For disability assistance, these chips are used for addressing vision and perception-related issues. Additionally, medical devices are being reinforced with GNSS chips to provide navigation solutions to the blind and tracking solutions to help locate people suffering from Alzheimer’s disease. Another trend in the GNSS chip market is the emergence of mHealth, a subset of eHealth that provides medical and public health services via mobile devices. GNSS chips are majorly used in preventive medicine and emergency and disability assistance The GNSS chip market is segmented by region, device, application, and vertical. Based on device, the categories are in-vehicle systems, smartphones, personal navigation devices, tablets, and others. The smartphone category was the largest contributor to the market, accounting for 75.0% revenue share, in 2016. Market Segmentation By Device •Smartphones •Tablets •Personal Navigation Devices (PNDs) •In-Vehicle Systems (IVSs) •Others (Phablets, Wearable Devices and Digital Camera) By Vertical •Automotive •Consumer Electronics •Transport •Marine •Agriculture •Military and Defense •Construction

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  4. Global Frequency Synthesizer Market Disclaimer: P&S Intelligence always keeps customers interest at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations as they are based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided to us by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinion based on research and should not be interpreted as statements of fact. The information in this report were believed to be correct at the time of publication but cannot be guaranteed. P&S Intelligence does not endorse any product, service or vendor depicted in its research publications. All intellectual property, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance may these be reproduced in any form without the prior written agreement of its owner. An order for market research report is intended for internal use of the company alone and not for disclosure to third parties or any publication in general. No service, report or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including and not limited to, all forms of optical-based media, magnetic, electronic, or digital without a written permission from P&S Intelligence. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 3 © P&S Intelligence. All rights reserved

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