Tag: market report

China’s BeiDou-charged navigation industry reached $195B in 2025

China’s BeiDou navigation industry in 2025 achieved a total output value of 1.33 trillion yuan (US$195 billion), according to a report released Monday by the GNSS and Location Based Services (LBS) Association of China, or GLAC, reports CGTN.

The BeiDou industry includes remote sensing and geographic information systems (GIS), mobile communications and indoor positioning. The satellite navigation sector generated 629 billion yuan (US$92 billion) in 2025, up 9.24% year on year, according to the report.

China has established a complete BeiDou industrial chain and supply chain, covering chips, modules, antennas, terminals, system integration and application services, , according to the report. Domestic capabilities are becoming increasingly self-reliant, with the cumulative shipments of BeiDou-compatible chips and modules reaching hundreds of millions, supporting a secure and robust industry supply chain.

Domestic sales of BeiDou-enabled terminals exceeded 410 million units in 2025, with more than 2.2 billion BeiDou-capable devices in use across the country.

Internationally, BeiDou services and related products have been exported to more than 140 countries and regions.

May 18, 2026
Market reports examine mid- and high-precision GNSS receiver market

The market for mid- and high-precision GPS receivers is set to experience significant expansion in the coming years. Driven by evolving technologies and growing applications across various sectors, this market is attracting substantial attention, according to The Business Research Company.

The market size for mid- and high-level precision GPS receivers is expected to reach $6.85 billion by 2030, expanding at a compound annual growth rate (CAGR) of 12.2%. This robust growth over the forecast period is fueled by advancements in autonomous vehicle systems, expanding smart infrastructure projects, the rise of precision agriculture, increased use of highly accurate mapping solutions, and wider adoption of sophisticated GNSS correction services.

Important trends shaping the market include the pursuit of centimeter-level positioning accuracy, the integration of RTK and PPK technologies, use of multi-frequency signal processing, compatibility with survey software, and enhanced GNSS mapping precision.

A free sample of the report is available.

The market features numerous influential companies, including Stonex Group Inc., Raytheon Technologies Corporation, Hexagon AB, Trimble Inc., Topcon Positioning Systems Inc., u-blox AG, Hi-Target Surveying Instrument Co. Ltd., CHC Navigation Technology Ltd., Carlson Systems Holdings Inc., Septentrio N.V., Hemisphere GNSS Inc., Javad GNSS Inc., Swift Navigation Inc., Thales Group, Geneq Inc., South Surveying & Mapping Technology Co. Ltd., Tersus GNSS Inc., Eos Positioning Systems Inc., NavtechGPS Inc., Satlab Geosolutions AB, Tallysman Wireless Inc., Leica Geosystems AG, NovAtel Inc., Spectra Precision, Unistrong Science & Technology Co. Ltd., and ComNav Technology Ltd.

Notably, in March 2023, Netherlands-based CNH Industrial N.V., a provider of agricultural and construction equipment as well as precision automation solutions, acquired Hemisphere GNSS for $175 million. This strategic move aims to combine Hemisphere’s high-precision GNSS receivers and satellite-based correction technologies with CNH’s capabilities to enhance machine control, autonomy, and positioning in both construction and agricultural sectors. Hemisphere GNSS, headquartered in the U.S., supplies advanced GNSS receivers, antennas, and correction services tailored for surveying, machine control, agriculture, and marine uses.

Top companies in this sector are actively launching new products to maintain competitive advantage.

For example, in October 2025, Unicore Communications Inc., a China-based GNSS technology provider, introduced the UM98XC Series-a next-generation, all-constellation, multi-frequency RTK GNSS module. Supporting GPS, BDS, Galileo, GLONASS, and QZSS systems along with L-Band and CLAS correction services, the UM98XC offers centimeter-level positioning accuracy. It also features advanced anti-jamming capabilities, energy-efficient design, and consistent performance in challenging environments, making it well-suited for autonomous driving, precision agriculture, unmanned aerial vehicles, and smart transportation sectors.

This launch underscores Unicore’s commitment to pushing the boundaries of GNSS precision, reliability, and scalability for industrial and automotive applications.

May 11, 2026
Market report: Surveying and mapping services worth US$13 billion by 2032
Photo: Ekkasit919/iStock/Getty Images Plus/Getty Images

According to Fact.MR, a market research and competitive intelligence provider, the global surveying and mapping services market was worth US$9 billion in 2021 and is expected to expand at a CAGR of 3% during the forecast years of 2022-2032.

The survey and mapping industry has significantly benefited from drone technologies, because UAVs are less expensive and more accessible compared to traditional methods. Conventional surveying methods require rental aircraft and trained pilots, along with attached recording instruments — a costly and resource-intensive process. The introduction of UAVs has substantially created a future opportunity for surveying and mapping services to gather spatial information in a tighter structure. This also allows the collection of geospatial information with easy storage, processing and sharing capabilities.

For instance, in May 2022, India-based software company PDRL introduced a software-as-a-service platform — DroneNaksha — under the Svamitva Yojana scheme by the government of India for mapping land parcels using drone technology across the country. Similarly, in March 2022, Australia-based Emesent introduced Hovermap ST autonomous drone lidar mapping and surveying payload.

The integration of advanced technologies such as Wi-Fi, first-person view cameras, and GPS technology to make UAVs highly flexible and eliminate the need for a skilled pilot is expected to stimulate the demand for drones for survey and mapping activities, thereby driving market expansion.

Key Takeaways
- The global surveying and mapping services market is projected to expand at a CAGR of 3.4% and reach US$13 billion by 2032.
- Over the 2017-2021 historical period, the market evolved at 3.2% CAGR.
- Forestry and agriculture account for a leading share in the market at a valuation of US$1.80 billion in 2021.
- North America and East Asia account for leading shares in the global mapping services market at 24% and 32%, respectively.
September 14, 2022
EUSPA publishes EO and GNSS market report
The European Union Agency for the Space Program (EUSPA) has published “EUSPA EO and GNSS Market Report,” a guide to reaping the benefits of space technology.

The 216-page report is designed to help anyone who seeks to make EU space technologies part of their business plan, develop new space downstream applications, and see a tangible return on investment.

More than ever society relies on innovative solutions to deal with the big data paradigm, respond to and mitigate climate change, natural and man-made disasters, curb the spread of diseases and strengthen a global supply chain that underpins our daily lives.

Download report here.

Earth observation and GNSS data is becoming increasingly important to innovative solutions for climate change, disaster and disease response, and global supply chain management. Dozens of applications are emerging or already in use by citizens, businesses, governments, industry, international organizations, NGOs, and researchers around the world.

The report provides analytical information on the dynamic GNSS and EO markets. In 2021, GNSS and EO downstream markets generated more than €200 billion in revenues and are set to reach almost half a trillion over the next decade.

The report also offers in-depth analyses of global trends and developments through illustrated examples and use cases. Using advanced econometric models, it also offers market evolution forecasts of GNSS shipments or EO revenues spanning to 2031.

Green Investments

EUSPA is committed to helping the EU deliver on the Green Deal agenda and the fight against climate change, starting with embedding space data and services into professional activities. According to EUSPA, accelerating Europe’s engagement in space is pivotal to enabling the green transition and reaching climate neutrality by 2050.

The report emphasises how users of EO and GNSS contribute to compliance, monitoring and efficiency of green investments, benefiting companies, regulators and society as a whole. It focuses on concrete examples across the 17 identified market segments.

For instance, Galileo can provide smart power grids with robust timing and synchronization down to a nanosecond, improving their performance. In another example, EU space plays a role in green energy, as Copernicus helps optimize performance of tidal power generators by providing tidal current prediction systems.

Key Report Findings
- Global GNSS- and EO-enabled revenues crossed €200 billion in 2021 and are set to reach almost €500 billion over the next decade.
- The global installed base of GNSS devices in use will reach more than 10 billion units in 2031.
- The market for Earth observation applications is boosted by a large pool of value-added services (85% of global revenue).
- The European EO industry is dominated by SMEs and start-ups; from a supply perspective, European companies hold more than 41% of the global EO market.
- The downstream space application market accompanied by the EU Space Programme will continue growing and thereby effectively contributing to European policies (such as the European Green Deal and EU’s Digital Decade), as well as global policies (such as the United Nation’s Sustainable Development Goals and the Paris Agreement) in combination with other technologies.
Download the report.
February 4, 2022
Construction robot market grows with 9.5% CAGR for 2020-2026

Photo: ThossapholiStock/Getty Images Plus

The global construction robot market was valued at USD 231.5 million in 2018 and is expected to reach USD 464.8 million by 2026, growing at a compound annual growth rate (CAGR) of 9.5% during the forecast period, according to an InForGrowth market report.

The construction industry is one of the least automated industries that features manual-intensive labor as a primary source of productivity. However, with the advancement in technology, the construction industry is utilizing robots to excel at repetitive tasks in a controlled environment.

Construction robots have a major impact on the construction industry. The construction industry is looking to automate more and more tasks for the sake of productivity and efficiency, which in turn is increasing the demand for construction robots.

The use of robots has grown considerably with increasing speed, efficiency, safety and profit concerns. Construction robots have provided a transformative experience for the entire industry and have helped in replacing or improving existing processes, making them more proficient as well as more precise.

Companies are deploying these new commercially viable robots in various applications such as 3D printing of large structures, disaster relief situations, construction of tall structures, and for assisting workers performing laborious tasks. These robots have helped in automating laborious and dangerous tasks to keep laborers away from hazardous activities and enable them to focus on more productive work.

3D printing. Moreover, the evolution of 3D printing in the construction industry is expected to create opportunities in the market. This will further enhance the market size of the global construction robot market. An increase in research and development activities to minimize the cost of robots will also enhance the market size over the forecast period.

However, the high cost associated with the deployment of robotic solutions is expected to hamper the growth of the global construction robot market during the forecast period.

Key findings. Based on the product type, the traditional robot segment accounted for the largest market size in the global construction robot market in 2018.

Based on automation, the semi-autonomous robot segment accounted for the largest market size in the global construction robot market in 2018.

Based on function, the demolition robot segment held the largest share in the global market in 2018.

Based on applications, the public infrastructure segment is expected to dominate the market during the forecast period. Europe accounted for nearly 30% share of the global market in 2018.

Recent industry news. In September 2019, Built Robotics closed a US$ 33 million Series B funding round, led by Next47, the global venture fund backed by Siemens, for autonomous construction equipment.

In August 2019, John Sisk & Son used MULE at Sisk’s residential Wembley Park E05 site in London to reduce fatigue and injuries among workers and increase productivity.

In June 2019, Boston Dynamics launched an inspection robot named SPOT, which is mounted with 3D cameras to inspect and map construction sites and identify hazards and work progress.

Browse the full report with TOC.

September 11, 2020
LoRaWAN market projected to grow by 47 percent
The global LoRaWAN market is projected to reach US$5557.2 million, growing at a very high compound annual growth rate (CAGR) of 47.2% during 2019 to 2027, according to market research firm InForGrowth.

LoRaWAN is mainly designed for wide range and low-power communications in smart city applications that benefit from wireless battery-operated devices and secure bi-directional communication, mobility and localization services.

InForGrowth’s LoRaWAN market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, the competitive landscape, sales analysis, impact of domestic and global market players, value-chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding and technological innovations.

Top driving factors

The report discusses these driving factors in the LoRaWAN market.
- Growing adoption of smart devices (IoT) in smart cities and smart home projects.
- The growing adoption of machine-to-machine communication devices due to low cost and less power consumption.
- Due to the use of IoT in various applications such as smart metering, smart lighting, and livestock monitoring, organizations face challenges regarding the selection of an appropriate connectivity option for specific business use cases.
- LoRaWAN mainly the private or virtual networks, and connect different endpoints that use different applications (IoT, M2M, smart cities, sensor networks, and industrial automation) in a single data environment. This fuels the demand for LPWANs that offer requisite connectivity, provide long-range access, and extended battery life for connected devices and sensors.
Market segmentation

The global LoRaWAN market has been segmented on the basis of deployment, hardware, application and end-user.

The application of LoRaWAN is based on industry verticals segmented into
- asset tracking
- smart metering
- smart parking
- smart waste management
- smart building
- others.
Top-end users — those receiving benefits through the LoRaWAN market — can be segmented into
- agriculture
- utilities
- consumer electronics
- healthcare
- manufacturing
- others.
Region Analysis

The market is classified into North America, Europe, Asia Pacific, Middle East, Africa and Latin America.

Europe dominated the market in 2018 and is anticipated to dominate the market in the coming years as well. This is mainly attributed to the rapid adoption of smart agriculture in the region. Large-scale macro-farms are being replaced by family-owned micro-farms across Europe.

Key players involved in the LoRaWAN market included in this study are Murata Manufacturing Co., Ltd., Link Labs, Microchip Technology Inc., Laird Connectivity, Semtech Corporation, SK Telecom Co. Ltd., Orange S.A. Senet Inc., Comcast Corporation and others.

Browse the full report.
August 28, 2020
Precision farming market to reach $12 billion by 2025

Photo: USDA

The precision farming market is set to grow from its current market value of more than $4 billion to more than $12 billion by 2025, as reported in the latest study by Global Market Insights, Inc.

The market growth is attributed to the rising adoption of smart agricultural practices to increase productivity. The use of Big Data along with information and communication technologies will provide farmers with more accurate insights into the existing crop conditions.

Another factor contributing to the precision farming market growth is the popularity of drones and IoT for greater production capabilities and analytics. The IoT plays a substantial role in increasing productivity and providing insights about the recent trends of crops. The technology provides an interconnected and multidimensional view of farming activities and offers actionable insights about the environment.

The government agencies worldwide are making efforts to spur innovations in the agriculture sector. For instance, in 2017, the Dutch government invested USD 1.5 million in the agriculture sector to allow the use of satellite technology to collect crop data for precision farming.

In the component market, the hardware segment is expected to hold a major market share of over 70% in 2025 due to the rising usage of several hardware devices such as drones, sensors, GPS systems, and smartphones for capturing aerial data. In precision farming, these devices enable farmers and researchers to monitor and optimize their crops and assist in conserving resources such as soil and water in a better manner.

In the precision farming services market, the managed services segment is expected to exhibit a growth rate of over 27% from 2019 to 2025. The market growth is attributed to the rising applications of IoT and cloud computing in precision farming solutions.

The agriculture decision support systems are being increasingly hosted on cloud platforms to take advantage of the IoT through internet-connected devices. For enabling improved security and availability, the demand for managed services has to increase to efficiently handle the complexity of running hardware and maintaining different types of middleware.

Geomapping technologies are expected to hold a share of over 20% of the precision farming market in 2025. The technology proves to be immensely beneficial in agriculture as it offers a cost-effective alternative for localized and wide-scale monitoring of the crop output.

With the evolution of the technology, 3D geo-mapping techniques have emerged in the market that are particularly useful for the timely detection of existing inefficiencies in the fields, allowing farmers to take immediate corrective measures.

The irrigation management application segment is projected to grow at a CAGR of over 15% between 2019 and 2025. Using precision farming technologies, the site-specific management of irrigation activities can significantly improve the overall water management.

Farmers can monitor and control their irrigation pivots from any location using precision irrigation solutions. These solutions enable accurate and uniform water delivery to crops throughout their lifecycle.

The Asia Pacific precision farming market will witness a growth rate of over 20% during the forecast period. The factors augmenting the market growth are increasing the awareness about the precision farming technologies and several initiatives taken by the government to improve sustainable agriculture.

For instance, in June 2017, the state government of Haryana in India adopted climate-smart agricultural practices to transform the agricultural systems. This also enabled the regulatory bodies to achieve three objectives such as adapting to climate changes, achieving agricultural productivity, and reducing greenhouse gas emissions.

The rising adoption of drones and UAVs for capturing crop-related data is also leading to precision farming market growth. For example, in March 2019, the Agriculture Ministry of Japan promoted the use of drones in the agriculture sector. This will help in increasing productivity and improving crop health by closely monitoring the crop condition.

The companies in the precision farming market are entering into strategic partnerships and acquiring companies to gain more market share. For instance, in September 2018, Topcon Agriculture entered into a licensing agreement with Raven Industries. Under the agreement, Topcon Agriculture’s Slingshot Application Programming Interface (API) was used in Raven’s software platforms.

The software-to-software interface help users to share data between software systems. Some companies are concentrating on new product developments to enhance the capabilities of their existing offerings and to expand their product line up.

December 10, 2019
Dual-band GNSS market moving from insignificant to billions in less than 5 years

After many years of development at the fringe of the GNSS industry, dual-frequency GNSS devices are finally ready to hit the mass market and will account for more than a billion chipset shipments in 2023, according to a new market data report by ABI Research.

ABI Research is a market-foresight advisory firm.

The report finds that the bulk of this growth will come from the adoption in the smartphone market with consumers hungry for better location accuracy.

Dual-band GNSS can mitigate the multipath interference effects, which are especially present in areas with a high density of buildings, like urban canyons, and deliver significantly higher accuracy than single-frequency devices.

Broadcom’s BCM47755 chip. (Image: Broadcom)

However, several obstacles prevented widespread adoption of dual-band GNSS until now, including insufficient satellite coverage of a second band, which could be L2 or L5/E5, high chipset prices, and challenges in fitting these integrated circuits and related antennas into small devices such as smartphones.

“On the availability side, this year has seen several satellites launched into orbit every month, most of them fitted with L5/E5 capabilities, and the Chinese and European Union governments plan to have their satellite constellations fully operational by 2020. L5/E5 devices will not be left in the dark,” said Henrique Rocha, a research analyst for Location Technologies at ABI Research.

Furthermore, new breakthroughs from key chipset manufacturers are disrupting this market by overcoming the barriers to mass dual-frequency adoption. With Location-Based Services (LBS) applications in mind, Broadcom has released the BCM47755 dual-band location hub, claiming the system’s architecture achieves the synergistic benefits that cannot be reached by multiple integrated circuits (ICs), thereby reducing its overall size and power consumption.

Other important players in this market have also come forward with dual-frequency solutions, including Qualcomm with the Snapdragon X24 LTE modem and HiSilicon with the Kirin 980 system-on-a-chip. Both attribute their superior energy efficiency and form factor to intelligent data processing and a FinFET transistor design. Other chipset manufacturers such as MediaTek are expected to follow suit and present their own dual-band products for LBS.

The Xiaomi Mi 8. (Photo: Xiaomi)

At the consumer level, considering the handset market is the largest GNSS segment, accounting for 85 percent of all GNSS chipset shipments in 2018, the launch of the dual-frequency Xiaomi Mi 8, Xiaomi Mi Mix 3 and the Huawei Mate 20 following such breakthroughs in the chipset industry is a significant development because it opens a new lane of competition between smartphone manufacturers.

It is expected that dual-frequency devices will dominate the high-end smartphone market in a matter of a few years, and by 2023 dual-band GNSS ICs will comprise 36% of total GNSS LBS IC shipments worldwide.

Triple-frequency chips. In other significant markets for multi-frequency GNSS, such as surveying and automotive applications, triple-frequency chipsets are being released, including STMicroelectronics’ TeseoAPP and u-blox’s F9. Adding a third frequency allows for better noise correction and higher accuracy compared to dual-frequency.

Image: u-blox

ABI Research believes that triple-frequency devices will see, at least for now, a relatively shy adoption as manufacturers will need to justify the cost and overcome the power issues they tackled for dual-frequency devices.

“For LBS the comparatively small accuracy gain going from dual- to triple-frequency GNSS is not worth the extra effort — for now. However, we will probably see triple-frequency GNSS take off when cars fitted with advanced driver assistance and autonomous driving systems begin to ship in large quantities,” added Rocha.

With full satellite operability of the main GNSS bands on the horizon and chipset manufacturers overcoming past hurdles for implementing dual-frequency solutions, it is likely a matter of time before most major companies in the segment scramble for a piece of this promising market. OEMs now need to show customers that dual-frequency GNSS can indeed deliver the accuracy they have promised so new location use cases can be sustained and introduced to the market.

These findings are from ABI Research’s Outdoor/Wide Area Location Technologies market data report. This report is part of the company’s Location Technologies research service, which includes research, data and Executive Foresights.

December 6, 2018
Precision agriculture market to reach $5B in 2021

The global market for precision agriculture solutions is forecast to grow from €2.2 billion ($2.6 billion) in 2016 at a compound annual growth rate (CAGR) of 13.6 percent to reach about €4.2 billion ($5 billion) in 2021, according to a research report from the market analyst firm Berg Insight.

A set of technologies are applied in precision farming practices that are aimed at managing variations in the field to maximize yield, raise productivity and reduce consumption of agricultural inputs. While solutions such as auto-guidance and machine monitoring and control via onboard displays are mainstream technologies in the agricultural industry, telematics and variable rate technology (VRT) are still in the early stages of adoption.

Interoperability between hardware and software solutions remains a challenge, although standardization initiatives led by organizations such as Agricultural Industry Electronics Foundation and AgGateway are making progress.

Most major agricultural equipment manufacturers have initiatives related to precision agriculture, although strategies vary markedly. Leading vendors include agricultural equipment manufacturer Deere & Company, followed by the U.S.-based precision technology vendors Trimble, Topcon Positioning Systems, Raven Industries and Ag Leader Technology. Hexagon further holds a strong position in the positioning segment through its subsidiary NovAtel.

A group of companies have emerged as leaders in the nascent market for in-field sensor systems. These include Davis Instruments, Pessl Instruments with its METOS brand, Semios, Hortau, AquaSpy and CropX.

January 17, 2018
GPS tracking device market expected to grow 2017 to 2023
The GPS tracking device market is expected to exhibit significant growth potential between 2017 and 2023, according to a new report by Research and Markets.

The key driving factors for the growth of the GPS tracking device market include the increase in sales of commercial vehicles, smaller size, affordable price and high return on investment. Moreover, the advent of cellular technology reduced the service cost, while the decline in GNSS/GPS IC makes inroads in cellphone that provide the scale of economies to GNSS/GPS module supplier.

The report is titled GPS Tracking Device Market by Type, Deployment Type, Industry & Geography – Global Forecast to 2023.

Other findings:
- Transportation and logistics to hold the largest share of the overall GPS tracking device market.
- APAC will be the fastest-growing market for GPS tracking device during the forecast period.
Learn more here.
June 27, 2017
GNSS Market 2017 report released

MarketReports.biz has published a detailed market research study focused on the GNSS Market across the global, regional and country level.

The GNSS Market 2017 report provides a 360-degree analysis of the market from the point of view of manufacturers, regions, product types and end industries.

The research report analyses and provides the historical data along with current performance of the global GNSS industry, and estimates the future trend of GNSS market on the basis of this detailed study. The study shares “GNSS Market” performance both in terms of volume and revenue.

Companies mentioned include Harxon Corporation, NovAtel, Trimble, Tallysman, JAVAD GNSS, Stonex, Sokkia, Spectracom and Leica Geosystems.

June 14, 2017
GSA launches 2017 GNSS Market Report
With an in-depth look at market opportunities and trends across eight market segments, the European GNSS Agency’s (GSA’s) annual GNSS Market Report serves as a key resource for navigating the fast-evolving world of satellite navigation technology and GNSS applications.

The fifth edition, the 2017 GNSS Market Report, was released May 10 by Carlo des Dorides, executive director for the GSA, at the European Navigation Conference held in Lausanne Switzerland.

According to the new report, the growing demand for precise location information, in combination with the ongoing evolution of GNSS technology, means that today’s GNSS market is bigger than ever.

According to the 5th edition of the GSA’s popular GNSS Market Report:
- The global GNSS market is expected to grow from 5.8 billion devices in use in 2017 to an estimated 8 billion by 2020.
- The GNSS downstream market is expected to produce over € 70 billion in revenue annually in 2025. When the revenue created by added-value services is included, this number could more than double.
- The global GNSS downstream market is forecast to grow by more than 6 % annually between 2015 and 2020. Following the declaration of Galileo Initial Services in 2016, chipset and receiver manufacturers and application developers are leveraging Galileo signals, and a number of Galileo-ready devices are already on the market.
- By 2025, the installed base of GNSS devices in drones will reach 70 mln, more than twice the sum of other professional market segments combined.
Regularly referenced by policy-makers and business leaders around the world, the GNSS Market Report serves as the go-to resource for an in-depth look at GNSS market opportunities and trends across an array of essential market segments.

“Providing in-depth information on today’s GNSS market opportunities and a data-driven forecast of its evolution through to 2025, this edition is a must-read for anyone looking to successfully navigate this promising market,” des Dorides said.

The GNSS Market Report takes a comprehensive look at the global GNSS market, providing a thorough analysis per market segment (Location-Based Services, Road Transportation, Aviation, Maritime, Rail, Agriculture, Surveying and Timing & Synchronisation), region and application type, including information on shipments, revenues and installed device base.

The 2017 edition includes such new features as:
- An expanded section on macro-trends like the Internet of Things (IoT), Smart Cities and Big Data.
- Segment-specific user perspectives, with an emphasis on the increasingly stringent demands of today’s GNSS users.
- The unique added-value that European GNSS (EGNOS and Galileo) brings to each segment and how Galileo is already enhancing the functioning of many applications.
- A special feature on the important role that GNSS plays in the growing market of drones (i.e., UAVs/Remotely Piloted Aircraft Systems).
The full 100-page report is available for download free of charge.

Methodology

The GSA GNSS Market Report is compiled by the GSA and the European Commission and was produced using the GSA’s systematic Marketing Monitoring and Forecasting Process.

The underlying market model uses advanced forecasting techniques applied to a wide range of input data, assumptions, and scenarios to forecast the size of the GNSS market in terms of shipments, revenue, and installed base of receivers.

Historical values are anchored to actual data in order to ensure a high level of accuracy. Assumptions are confronted with expert opinions in each market segment and application and model results are cross-checked against the most recent market research reports from independent sources before being validated through an iterative consultation process involving pertinent sector experts and stakeholders.
May 15, 2017