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 South Korea GNSS SoCs (Global Navigation Satellite System System-on-Chip) market is experiencing rapid growth, driven by technological advancements and increasing demand for accurate and efficient navigation solutions. These specialized chips are integral in a range of applications, from autonomous vehicles to mobile devices, and their presence in various industries highlights the diverse needs they cater to. GNSS SoCs enable high-precision positioning, timing, and navigation, offering solutions that are indispensable in sectors like transportation, aerospace, and consumer electronics.
Industries are driving the demand for GNSS SoCs in South Korea due to the growing need for precision and reliability in modern systems. The automotive industry, particularly with the rise of autonomous vehicles, has become a significant adopter of GNSS technologies. The integration of GNSS SoCs into these vehicles ensures accurate location data for navigation, which is crucial for safety and efficiency. As South Korea continues to develop its smart city infrastructure, the need for precise and reliable GNSS solutions in urban planning and management is also increasing.
Consumer electronics manufacturers are another key driver in the GNSS SoCs market. Smartphones, wearables, and other portable devices require accurate location tracking for various services, such as map navigation, fitness tracking, and location-based applications. The demand for these devices in South Korea, where technology adoption is high, is contributing to the expansion of the GNSS SoCs market. The demand from these industries is pushing for the development of more advanced SoCs that offer superior performance, power efficiency, and integration capabilities.
Furthermore, industries like logistics and agriculture are capitalizing on GNSS SoCs for their real-time tracking and monitoring capabilities. In logistics, GNSS-enabled systems allow for fleet management, route optimization, and accurate delivery tracking, while in agriculture, these chips are essential for precision farming, ensuring efficient crop management and resource usage.
As the South Korean GNSS SoCs market evolves, the push for higher levels of integration, reduced power consumption, and enhanced accuracy continues to shape the future of these chips. Industries are looking for solutions that not only meet their specific needs but also provide scalability and flexibility to accommodate future technological advancements.
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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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 South Korea 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
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea 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. South Korea GNSS SoCs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea GNSS SoCs Market, By Type
6. South Korea GNSS SoCs Market, By Application
7. South Korea GNSS SoCs Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea GNSS SoCs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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