GPS World, April 2015
2015 2023 GNSS MARKETS TABLE 1 Top 10 companies in each group based on 2012 revenue percent per year to 2023 The primary region of growth will be Asia Pacific which is forecast to grow 11 percent per year from 17 billion in 2014 to 42 billion devices in 2023 more than the EU and North America together The Middle East and Africa will grow at the fastest rate 19 percent per year but starting from a lower base Location Based Services LBS and Road dominate cumulative GNSS revenues driven by booming sales of smartphones and in vehicle devices location aware applications and data services With emerging economies catching up in terms of GNSS devices per capita the Digital Divide will narrow driven by the take up of smartphones The growing dominance of smartphones 308 billion in 2014 is foreseen as the most popular platform to access LBS In the analysis of the capabilities of GNSS receivers and chipsets it is reported that more than 60 percent of currently available receivers and chipsets support a minimum of two constellations with more than 20 percent supporting all four of them New Charts The report includes new infographics presenting Global GNSS downstream market size core and enabled 2013 to 2023 GNSS industry share by region 2012 The global shares of companies among components manufacturers systems integrators and valueadded service providers 2012 Capability of GNSS receivers and chipsets all segments 2015 K500 GPS L1 GLONASS L1 BeiDou B1 K501 GPS L1 L2 BeiDou B1 B2 B3 support K501G GPS L1 L2 GLONASS L1 L2 K508 GPS L1 L2 L5 GLONASS L1 L2 BeiDou B1 B2 B3 support K528 GPS L1 L2 BeiDou B1 B2 K FAMILY IS READY FOR YOU Choose one for your high precision applications www comnavtech com ComNav Technology Ltd www gpsworld com April 2015 GPS World 37
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