The global navigation satellite system market is expected to grow at a CAGR of around 7.7% during 2024-2033. This report on global navigation satellite systems market provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the navigation satellite systems market by segmenting the market based on components, type, receiver, functions, end user, and region. Also, detailed profiles of companies operating in the global navigation satellite systems market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers
• Increase in the demands of Unmanned Vehicles
• Rapid penetration of consumer IoT

Market Challenges
• High Initial cost and lack of digital infrastructure

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Components
• Hardware
• Software
• Services

Market by Type
• Single channel
• Multichannel

Market by Receivers
• Galileo
• BeiDou
• Others

Market by Functions
• Navigation
• Mapping
• Surveying
• Location Based Services
• Vehicle Assistance Systems
• Others

Market by End User
• Military & Defence
• Automotive
• Consumer Electronics
• Aerospace
• Marine
• Others

Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa