GNSS SoCs Market Revenue was valued at USD 2.5 Billion in 2024 and is estimated to reach USD 5.8 Billion by 2033, growing at a CAGR of 10.5% from 2026 to 2033.
The global GNSS SoCs market was valued at approximately $XX billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of XX% from 2023 to 2030. The increasing demand for precise positioning, navigation, and timing solutions across various industries, including automotive, aerospace, defense, and consumer electronics, is driving market growth. Asia Pacific is anticipated to hold a significant market share due to rapid urbanization, increasing smartphone penetration, and government initiatives for smart city projects. North America is also expected to witness substantial growth, driven by advancements in autonomous vehicles, defense applications, and IoT devices.
Europe remains a key market for GNSS SoCs, supported by the robust automotive industry and growing investments in satellite based applications. The Middle East and Africa region is projected to experience moderate growth due to expanding infrastructure and the adoption of GNSS technologies in oil and gas, transportation, and agriculture. Latin America is likely to see steady growth, fueled by increasing investments in digitalization and smart infrastructure. These regional dynamics present lucrative opportunities for stakeholders to capitalize on the growing demand for GNSS SoCs in emerging and established markets.
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Broadcom
FURUNO Electric Co.
Ltd
MediaTek
Qualcomm
STMicroelectronics
u-blox AG
Unicore Communications
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global GNSS SoCs Market
Automotive
Aerospace and Defense
Consumer Electronics
Telecommunications
Industrial Solutions
GNSS Chipsets
GNSS Receivers
Assisted GNSS (A-GNSS)
Real-Time Kinematic (RTK)
Networked GNSS
Single-Frequency GNSS
Dual-Frequency GNSS
Multi-Frequency GNSS
Wideband GNSS
Commercial
Defense
Government
OEMs (Original Equipment Manufacturers)
Service Providers
Processor
Memory Unit
Power Amplifiers
RF Front-End Modules
Antennas
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global GNSS SoCs Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global GNSS SoCs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global GNSS SoCs Market, By Type
6. Global GNSS SoCs Market, By Application
7. Global GNSS SoCs Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global GNSS SoCs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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