In 2019, the global navigation satellite system (GNSS) market was valued at 150.7 billion euros, with forecasts for 2029 suggesting that this is likely to rise to 324.4 billion euro. The Asia-Pacific region leads the way, accounting for more than 30 percent of revenues generated by the GNSS market in 2019.
Shipments of global navigation satellite system (GNSS) chips in smartphones worldwide in 2019 and 2029
(in billion euros)
Global navigation satellite system (GNSS) is the infrastructure that allows users with a compatible device to determine their position, velocity and time by processing signals from satellites.
Market size: The revenue from device/service sales in a given year.
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European GNSS Agency. (October 15, 2019). Shipments of global navigation satellite system (GNSS) chips in smartphones worldwide in 2019 and 2029 (in billion euros) [Graph]. In Statista. Retrieved May 28, 2022, from https://www.statista.com/statistics/1174562/gnss-smartphone-chip-shipments-worldwide/
European GNSS Agency. "Shipments of global navigation satellite system (GNSS) chips in smartphones worldwide in 2019 and 2029 (in billion euros)." Chart. October 15, 2019. Statista. Accessed May 28, 2022. https://www.statista.com/statistics/1174562/gnss-smartphone-chip-shipments-worldwide/
European GNSS Agency. (2019). Shipments of global navigation satellite system (GNSS) chips in smartphones worldwide in 2019 and 2029 (in billion euros). Statista. Statista Inc.. Accessed: May 28, 2022. https://www.statista.com/statistics/1174562/gnss-smartphone-chip-shipments-worldwide/
European GNSS Agency. "Shipments of Global Navigation Satellite System (Gnss) Chips in Smartphones Worldwide in 2019 and 2029 (in Billion Euros)." Statista, Statista Inc., 15 Oct 2019, https://www.statista.com/statistics/1174562/gnss-smartphone-chip-shipments-worldwide/
European GNSS Agency, Shipments of global navigation satellite system (GNSS) chips in smartphones worldwide in 2019 and 2029 (in billion euros) Statista, https://www.statista.com/statistics/1174562/gnss-smartphone-chip-shipments-worldwide/ (last visited May 28, 2022)
