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The global positing system market is projected to grow at a CAGR of 16.5% during the forecast period of 2024-2032. The market is being driven by technological advancements and innovations.
The growing technological advancements and innovations are enhancing the global positioning system market value. The integration of augmented reality in GPS technology can provide users with user-friendly and intuitive navigation. AR also allows users to see symbols, arrows, and landmarks, improving navigation efficiency and enhancing discovery and exploration. Moreover, logistics companies utilise AR to improve the efficiency of deliveries and optimise route planning by providing information about road closures, traffic conditions, and alternative routes.
Advancements in 5G technology are expected to revolutionise the global positioning systems demand. As 5G provides advantages in terms of latency, speed, and capacity, location data can be received and transmitted in real-time and enable up-to-date information tracking. The rising applications of GPS in applications like logistics, asset tracking, and emergency services, among others, are revolutionising the global positioning system market dynamics.
USA: 13.4%
The USA exhibits a moderate growth rate due to its mature market and widespread adoption of GPS technology across various sectors such as transportation, logistics, and personal devices. Continuous technological innovations and the presence of leading GPS technology providers contribute to steady growth.
Canada: 15.6%
The positioning system industry in Canada is driven by advancements in digital infrastructure and increased usage of GPS in sectors like transportation, public safety, and resource management.
UK: 15.1%
The UK's growth is supported by its well-established digital infrastructure and ongoing advancements in automotive technology, along with the increasing use of GPS in everyday applications such as mobile phones and fitness devices.
Germany: 12.1%
Germany, with its strong automotive industry and manufacturing sector, is witnessing moderate growth, driven by the incorporation of advanced GPS technology for navigation, safety, and autonomous driving.
France: 11.5%
France's steady growth is due to its established infrastructure and continuous technological innovations, contributing to the adoption of GPS in various sectors.
Italy: 10.3%
Italy shows a lower growth rate, attributed to market maturity and the steady adoption of GPS technology in established infrastructure and transportation systems.
China: 20.5%
China's rapid growth is fuelled by significant advancements in technology and infrastructure, as well as strong governmental support for smart city projects and autonomous vehicles.
Japan: 12.8%
Japan's moderate growth is driven by its advanced technology sector and increasing use of GPS in automotive and consumer electronics.
India: 24.5%
India leads with the highest growth rate, driven by large-scale investments in digital infrastructure, government initiatives like Smart Cities Mission, and expanding use of GPS in various sectors.
Australia: 14.5%
Australia's growth is driven by its well-established digital infrastructure and increasing use of GPS in sectors like transportation, public safety, and agriculture.
Brazil: 18.0%
Brazil's robust growth is supported by the need for efficient navigation systems due to its vast geographic area, alongside increased investments in digital infrastructure and transportation.
Mexico: 15.4%
Mexico shows moderate growth due to its growing digital infrastructure and the increasing application of GPS in transportation and logistics.
Saudi Arabia: 18.7%
Saudi Arabia's significant growth is driven by the Vision 2030 initiative, focusing on digital transformation and smart infrastructure projects.
Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the Global positioning system market spanning from 2018 to 2032.
The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the global positioning system industry.
Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the global positioning system market.
The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.
Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the global positioning system market landscape.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Deployment |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Positioning System Market Analysis
8.1 Key Industry Highlights
8.2 Global Positioning System Historical Market (2018-2023)
8.3 Global Positioning System Market Forecast (2024-2032)
8.4 Global Positioning System Market by Deployment
8.4.1 Standalone Trackers
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Portable Navigation Devices
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Automotive Telematics Systems
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Consumer Devices
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global Positioning System Market by Application
8.5.1 Road
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Aviation
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Marine
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Location-Based Services
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Surveying and Mapping
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.6 Global Positioning System Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Positioning System Market Analysis
9.1 Market by Deployment
9.2 Market by Application
9.3 Market by Country
9.3.1 United States of America
9.3.1.1 Market by Deployment
9.3.1.2 Market by Application
9.3.1.3 Historical Trend (2018-2023)
9.3.1.4 Forecast Trend (2024-2032)
9.3.2 Canada
9.3.2.1 Market by Deployment
9.3.2.2 Market by Application
9.3.2.3 Historical Trend (2018-2023)
9.3.2.4 Forecast Trend (2024-2032)
10 Europe Positioning System Market Analysis
10.1 Market by Deployment
10.2 Market by Application
10.3 Market by Country
10.3.1 United Kingdom
10.3.1.1 Market by Deployment
10.3.1.2 Market by Application
10.3.1.3 Historical Trend (2018-2023)
10.3.1.4 Forecast Trend (2024-2032)
10.3.2 Germany
10.3.2.1 Market by Deployment
10.3.2.2 Market by Application
10.3.2.3 Historical Trend (2018-2023)
10.3.2.4 Forecast Trend (2024-2032)
10.3.3 France
10.3.3.1 Market by Deployment
10.3.3.2 Market by Application
10.3.3.3 Historical Trend (2018-2023)
10.3.3.4 Forecast Trend (2024-2032)
10.3.4 Italy
10.3.4.1 Market by Deployment
10.3.4.2 Market by Application
10.3.4.3 Historical Trend (2018-2023)
10.3.4.4 Forecast Trend (2024-2032)
10.4 Others
11 Asia Pacific Positioning System Market Analysis
11.1 Market by Deployment
11.2 Market by Application
11.3 Market by Country
11.3.1 China
11.3.1.1 Market by Deployment
11.3.1.2 Market by Application
11.3.1.3 Historical Trend (2018-2023)
11.3.1.4 Forecast Trend (2024-2032)
11.3.2 Japan
11.3.2.1 Market by Deployment
11.3.2.2 Market by Application
11.3.2.3 Historical Trend (2018-2023)
11.3.2.4 Forecast Trend (2024-2032)
11.3.3 India
11.3.3.1 Market by Deployment
11.3.3.2 Market by Application
11.3.3.3 Historical Trend (2018-2023)
11.3.3.4 Forecast Trend (2024-2032)
11.3.4 ASEAN
11.3.4.1 Market by Deployment
11.3.4.2 Market by Application
11.3.4.3 Historical Trend (2018-2023)
11.3.4.4 Forecast Trend (2024-2032)
11.3.5 Australia
11.3.5.1 Market by Deployment
11.3.5.2 Market by Application
11.3.5.3 Historical Trend (2018-2023)
11.3.5.4 Forecast Trend (2024-2032)
11.3.6 Others
12 Latin America Positioning System Market Analysis
12.1 Market by Deployment
12.2 Market by Application
12.3 Market by Country
12.3.1 Brazil
12.3.1.1 Market by Deployment
12.3.1.2 Market by Application
12.3.1.3 Historical Trend (2018-2023)
12.3.1.4 Forecast Trend (2024-2032)
12.3.2 Argentina
12.3.2.1 Market by Deployment
12.3.2.2 Market by Application
12.3.2.3 Historical Trend (2018-2023)
12.3.2.4 Forecast Trend (2024-2032)
12.3.3 Mexico
12.3.3.1 Market by Deployment
12.3.3.2 Market by Application
12.3.3.3 Historical Trend (2018-2023)
12.3.3.4 Forecast Trend (2024-2032)
12.3.4 Others
13 Middle East and Africa Positioning System Market Analysis
13.1 Market by Deployment
13.2 Market by Application
13.3 Market by Country
13.3.1 Saudi Arabia
13.3.1.1 Market by Deployment
13.3.1.2 Market by Application
13.3.1.3 Historical Trend (2018-2023)
13.3.1.4 Forecast Trend (2024-2032)
13.3.2 United Arab Emirates
13.3.2.1 Market by Deployment
13.3.2.2 Market by Application
13.3.2.3 Historical Trend (2018-2023)
13.3.2.4 Forecast Trend (2024-2032)
13.3.3 Nigeria
13.3.3.1 Market by Deployment
13.3.3.2 Market by Application
13.3.3.3 Historical Trend (2018-2023)
13.3.3.4 Forecast Trend (2024-2032)
13.3.4 South Africa
13.3.4.1 Market by Deployment
13.3.4.2 Market by Application
13.3.4.3 Historical Trend (2018-2023)
13.3.4.4 Forecast Trend (2024-2032)
13.3.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Garmin Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Qualcomm Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Hexagon AB
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Broadcom Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Trimble Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Positioning System Market: Key Industry Highlights, 2018 and 2032
2. Global Positioning System Historical Market: Breakup by Deployment (USD Million), 2018-2023
3. Global Positioning System Market Forecast: Breakup by Deployment (USD Million), 2024-2032
4. Global Positioning System Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Positioning System Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Positioning System Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Positioning System Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Positioning System Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Positioning System Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Positioning System Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Positioning System Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Positioning System Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Positioning System Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Positioning System Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Positioning System Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Positioning System Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Positioning System Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Positioning System Market Structure
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