GNSS Chip Market Size in 2022 : 8.2% CAGR with Top Countries Data, Key Regions and Growth Forecast to 2031
The GNSS chip market is expected to register a CAGR of 8.2% during the forecast period (2022 – 2031). 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.
– The growing demand for consumer electronics and IoT is expected to drive the market substantially during the forecast period. The increased sales and production of consumer electronics has increased the demand due to the continuous focus of smartphone manufacturers on improving navigation capabilities.
– There has been a recent rise in demand for the Accurate Real-time Data It is used for the purposes of observation as well as surveillance which makes its usage extremely crucial.
Scope of the Report
Most mapping grade GNSS receivers use the carrier wave data from only the L1 frequency, but have a precise crystal oscillator which reduces errors related to receiver clock jitter. This allows positioning errors on the order of one meter or less in real-time, with a differential GNSS signal received using a separate radio receiver. By storing the carrier phase measurements and differentially post-processing the data, positioning errors on the order of 10 centimeters are possible with these receivers.
Download PDF Sample Report For More [email protected] https://www.sdki.us/sample-request-82966
Key Market Trends
Smartphones & Tablets to Gain Major Market Share During the Forecast Period
– Location services are probably one of the most-used features on the smartphone currently. A multitude of apps from Pokémon GO to Snapchat rely on the location of the user to personalize their experience and provide the customer with more features.
– This goes beyond just casual app usage. Accurate location is necessary when the user is driving around a big city looking for a parking space. Unfortunately, when it comes to the vast majority of modern devices, accurate location is not something that the user can be totally sure of.
– GNSS chip that can compute location with an accuracy of up to a few decimetres. Until now, mobile location-based applications have been powered by single frequency GNSS receivers whose location accuracy is limited to a few meters. However, in recent years GNSS systems have been launching satellites broadcasting signals on new frequencies to open up new possibilities. Specifically, Galileo has the majority of satellites with E1/L1 and E5/L5 frequency capabilities.
– Xiaomi has launched the world’s first dual-frequency GNSS smartphone, the MI 8. This smartphone represents a breakthrough in GNSS technology as it is the first commercial deployment of Broadcom’s revolutionary BCM47755 chip.
Europe to Account for a Significant Market Share
– In the coming years, Europe region is expected to see two new GNSS (Galileo and BeiDou), and two RNSS (QZSS and NavIC), reach full operational capability. In parallel, the modernization of existing GNSS (GPS and GLONASS) is also well underway.
– A very clear trend identified was widespread support for multiple constellations, which is confirmed here as the baseline for the current new receivers. The most important new trend identified is the rapid adoption of multiple frequencies (almost 10 percentage points more in the last two years) including for consumer devices.
Access Free PDF Sample Report [email protected] https://www.sdki.us/sample-request-82966
– New signals and capabilities require not only to be implemented on satellites but also to be monitored and controlled by the GNSS ground segment. Whilst Galileo and BeiDou are in their first generation, both GPS and GLONASS are modernizing their control segments.
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.
– January 2019 – Allystar Technology Co. Ltd. has launched a multi-band, multi-GNSS system on a chip, the HD8040 series, to help portable devices save size and weight. The HD8040 offered in wafer-level chip-scale packaging (WLCSP).
About Us
SDKI Inc goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.
Contact Us
Lauren Brown
600 S Tyler St
Suite 2100 #140
AMARILLO, TX 79101
Email:– [email protected]
Published Sat, 09 Jul 2022 05:04:20 -0500
Comments are closed.