DUBLIN, Feb. 3, 2023 /PRNewswire/ — The “GNSS Chips – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global GNSS Chips Market to Reach $8 Billion by 2030
The global market for GNSS Chips estimated at US$5.5 Billion in the year 2022, is projected to reach a revised size of US$8 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030.
Smartphones, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$6.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Tablets segment is readjusted to a revised 4.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 4.6% CAGR
The GNSS Chips market in the U.S. is estimated at US$1.6 Billion in the year 2022. China, the…
