The global navigation satellite system (GNSS) market size was USD 160.69 billion in 2020. The market is projected to grow from USD 175.19 billion in 2021 to USD 320.73 billion in 2028 at a CAGR of 9.02% in 2020-2028. North America dominated the GNSS market with a market share of 41.01% in 2020. The progression in smartphone technologies and digitalization can be vital factors augmenting the growth of the global market during the forecast period, states Fortune Business Insights in a report, titled “Global Navigation Satellite System Market Size, Share & Industry Analysis, By Type (Global Constellations, Regional Constellations, Satellite-Based Augmentations), By Application (Rail, Road, Aviation, Maritime, LBS, Time Synch, Agriculture, Surveying and Others), and Regional Forecast, 2020-2027” the market size stood at 161.27 billion in 2019.

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https://www.fortunebusinessinsights.com/global-navigation-satellite-system-gnss-market-103433

The Report Lists the Key Companies in the Navigation Satellite System Market:

• Qualcomm Inc. (The U.S.)
• Texas Instrument (The U.S.)
• Trimble Inc. (The U.S.)
• Rockwell Collins (The U.S.)
• Broadcom Inc. (The U.S.)
• Hexagon (Sweden)
• Furuno Electric (Japan)
• Laird Plc. (The UK)
• Cobham Plc. (The UK)
• Harris Corporation (The U.S.)
• Topcon Corporation (Japan)
• Other Players

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