South America GNSS Chip Market is expected to reach US$ 236.89 million by 2028

Published Date: 12 May 2022

Report : South America GNSS Chip Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Device (Smartphones, Tablets, Personal Navigation Devices, In-Vehicle systems, and Others), Application (Navigation & Location-Based Services, Mapping, Surveying, Telematics, Timing and Synchronization, and Others), and Vertical (Consumer Electronics, Automotive & Transportation, Military & Defense, Marine, and Others)

Smartphones Segment to Dominate SAM GNSS Chip Market Forecast to 2028   during 2019–2028

According to The Insight Partners market research study on “The SAM GNSS Chip Market Forecast to 2028 – COVID-19 Impact and Analysis – by Device, Application and vertical and country is expected to reach US$ 236.89 million by 2028 from US$ 184.11 million in 2021. The market is estimated to grow at a CAGR of 3.7% from 2019 to 2028. The report provides trends prevailing in the SAM GNSS chip market along with the drivers growing use of GNSS chips in consumer electronic devices  the major factor driving the growth of the SAM GNSS chip market. However, issues associated with the Increase in jamming & spoofing attacks the growth of SAM GNSS chip market.

The SAM GNSS Chip Market Segmented into Device, Application, Vertical and Country. Based on device The SAM GNSS chip market is segmented  smartphones, tablets, personal navigation devices, in-vehicle systems, others. The smartphones segment is dominated SAM GNSS Chip Market Forecast in 2020.Based on Vertical the SAM GNSS chip market segmented into consumer electronics, automotive & transportation, military and defense, marine and others. The consumer electronics segment SAM GNSS chip market dominated vertical in 2020.Based on Application the SAM GNSS chip market segmented into navigation & location-based services, mapping, surveying, telematics, timing and synchronization, and others. The navigation & location-based services segment the SAM GNSS Chip Market Dominated   in 2020.Based on Country, The SAM GNSS chip market segmented in Brazil, Argentina and Rest of SAM. The Brazil is dominated the SAM GNSS chip market in 2020.

Intel Corporation, MediaTek Inc., Qualcomm Technologies, Inc. FURUNO ELECTRIC CO., LTD. T of Broadcom Solution, ,Skywork,Solutions are among the leading companies in the SAM GNSS chip market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Furuno Electric Co. Ltd. & Alps Alpine develop GNSS Module which provides highly accurate positioning to within 50 Cm without using position correction data.

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