Global Navigation Satellite System Market to grow at a CAGR of 4.5% during the period 2016-2020.

“The Report Global Navigation Satellite System Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. –”




About GNSS


GNSS provides signals from space, which help determine the location of the user by using the timing and position of the data transmitted from the space. GNSS radio signals are complex, as they have a frequency of about 1.5 GHz (gigahertz) per 1.5 billion cycles per second. GNSS requires frequencies that are higher than FM radio, but lower than a microwave oven, for proper functioning. The GNSS signal become weak, when they reach the ground.


Technavios analysts forecast the Global GNSS (global navigation satellite system) Market to grow at a CAGR of 4.5% during the period 2016-2020.


Covered in this report


The report covers the present scenario and the growth prospects of the global GNSS (global navigation satellite system) market for 2016-2020. To calculate the market size, the report considers the revenue generated from the shipment of GNSS chipsets.


The market is divided into the following segments based on geography:






Technavio’s report, Global GNSS (Global Navigation Satellite System) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.


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Key vendors










Market driver

GNSS-enabled applications in road transportation

For a full, detailed list, view our report


Market challenge

Multiconstellation compatibility and interoperability issues

For a full, detailed list, view our report


Market trend

Introduction of autonomous vehicle

For a full, detailed list, view our report


Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?


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