Global navigation satellite system (GNSS) smartphone chip shipments 2019-2029
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.