AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global GNSS Chip Market Set to Record a CAGR of 8.2% During 2019-2024 - Smartphones & Tablets to Gain Major Market Shares - ResearchAndMarkets.com

November 28, 2019

DUBLIN--(BUSINESS WIRE)--Nov 28, 2019--

The “GNSS Chip Market - Growth, Trends, and Forecast (2019 - 2024)” report has been added to ResearchAndMarkets.com’s offering.

The GNSS chip market is expected to register a CAGR of 8.2% during the forecast period 2019-2024.

The market for the GNSS chip is increasing at a high rate across the world, owing to the emergence of advanced GNSS enabled platforms. With the rising demand for the high-speed internet for applications such as autonomous driving, distance learning, video calling, multi-user gaming, and the advent of the 5G network is increasing rapidly. Smart Cities and the IoT is set to spawn a further proliferation and diversification of GNSS-enabled added-value services.

All the above factors have been significant growth aspects for the cloud enable technology market on a global arena.

Other Highlights

Key Market Trends

Smartphones & Tablets to Gain Major Market Share During the Forecast Period

Europe to Account for a Significant Market Share

Competitive Landscape

The GNSS chip market consists of several players. In terms of market share, none of the players dominate the market. The companies are investing heavily in Research and Development in order to gain product differentiation. Recent market developments:

Key Topics Covered

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Introduction to Market Drivers and Restraints

4.3 Market Drivers

4.3.1 High Penetration of Consumer Electronic and IoT Devices

4.3.2 Increasing Demand for Accurate Real-time Data

4.3.3 Increasing Demand for High-Speed Internet and Network Coverage, Such as 4G/5G Enabled Devices

4.4 Market Restraints

4.4.1 Inability of GNSS to Offer Accurate Underground, Underwater, and Indoor Navigation

4.4.2 High Power Consumption

4.5 Industry Attractiveness - Porter’s Five Force Analysis

4.5.1 Threat of New Entrants

4.5.2 Bargaining Power of Buyers/Consumers

4.5.3 Bargaining Power of Suppliers

4.5.4 Threat of Substitute Products

4.5.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

5.1 By Device Type

5.1.1 Smartphones & Tablets

5.1.2 Personal Navigation Devices

5.1.3 In-Vehicle Systems

5.2 By End-User Industry

5.2.1 Automotive

5.2.2 Aerospace & Defense

5.2.3 Maritime

5.2.4 Rail

5.2.5 Agriculture

5.2.6 Other End-User Industries

5.3 Geography

5.3.1 North America

5.3.2 Europe

5.3.3 Asia Pacific

5.3.4 Latin America

5.3.5 Middle East & Africa

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 Qualcomm Technologies, Inc.

6.1.2 Mediatek Inc.

6.1.3 STmicroelectronics N.V.

6.1.4 Broadcom Corporation

6.1.5 Intel Corporation

6.1.6 U-blox Holdings AG

6.1.7 Navika Electronics

6.1.8 Quectel Wireless Solutions Co. Ltd

6.1.9 Skyworks Solutions Inc.

6.1.10 Furuno Electric Co. Ltd

6.1.11 Hemisphere GNSS

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/x9fei6

View source version on businesswire.com:https://www.businesswire.com/news/home/20191128005493/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: HARDWARE CONSUMER ELECTRONICS MOBILE/WIRELESS TECHNOLOGY TELECOMMUNICATIONS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 11/28/2019 11:32 AM/DISC: 11/28/2019 11:31 AM

http://www.businesswire.com/news/home/20191128005493/en