GNSS Chips and Modules Market Growth and Trends by 2031

The GNSS Chips and Modules Market size is expected to reach US$ 12.44 billion by 2031 from US$ 7.20 billion in 2024. The market is expected to register a CAGR of 8.4% from 2025 to 2031.

GNSS Chips and Modules Market Analysis

Low-power GNSS modules are preferred for consumer electronic products. The demand for wearable technology is surging, due to the rising adoption of smartwatches and fitness bands. Thus, GNSS chips are embedded to provide accurate up-to-the-minute location data. Nearly 50% of the world's population has adopted high-tech wearables, necessitating small, energy-efficient GNSS devices that enable users to stay aware of their location while engaging in activities such as walking, running, or commuting.

GNSS Chips and Modules Market Overview

GNSS chips and modules are centered around satellite-centric systems that provide location and timing signals to ground-based GNSS receivers. Those receivers utilize satellite data along with sensors to analyze parameters such as location, speed, and altitude. The quantity of satellites that can be seen is a very important factor for GNSS chips and modules to be more accurate and precise in a specific location. To achieve better coverage and higher performances at a global level, countries and regions are launching new satellites and spreading out the already existing satellite constellations, such as GPS (US), GLONASS (Russia), BeiDou (China), Galileo (European Union), NavIC (India), and QZSS (Japan).

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Get FREE CUSTOMIZATION

GNSS Chips and Modules Market: Strategic Insights

• Get Top Key Market Trends of this report.
  This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Free Sample PDF

GNSS Chips and Modules Market Drivers and Opportunities

Market Drivers:

• Rising Demand for 5G Network and High-Speed Internet: The 5G high speed and lower latency allow advanced and real-time LBS applications, which involve the following components: augmented reality that can be easily integrated with the real world; rapid positioning of mobile phones in stores or shopping malls, airports, etc; navigation with turn-by-turn directions and live traffic updates; asset tracking that has been improved, and fleet management solutions. Positioning is the core of cellular communication, offering mobile network operators.
• Surging Need for Accuracy in Real-Time Data: GNSS surveying technologies offer various levels of accuracy and techniques to meet the specific requirements of different applications. Single point positioning (SPP) provides a simple location; real-time kinematic (RTK) and post-processing kinematic (PPK) offer high-level precision, while differential positioning (DGPS) is used to increase accuracy. Due to its lower latency and real-time corrections, RTK is considered the most accurate method for positioning.

Market Opportunities:

• Infrastructure Modernization and Smart Cities: Governments and city planners are devoting funds to systems that are connected and rely on data to improve transportation in cities, public safety, and the management of administrative tasks. One of the fundamental technologies that enables these possibilities is GNSS, especially for location-aware systems, which require on-the-spot identification and tracking. The combination of GNSS modules with public transport networks opens the way to more accurate timetables, optimized routes, and passenger information systems.

GNSS Chips and Modules Market Report Segmentation Analysis

The GNSS chips and modules market is categorized into distinct segments to understand its structure, growth prospects, and emerging trends. Below is the standard segmentation approach used in industry reports:

By Type:

• GNSS Chips: GNSS chips provide exact location tracking and precise navigation to industrial sectors. This category accounted for the highest share of the GNSS chips and modules market in 2024.
• GNSS Modules: GNSS modules are products that consist of GNSS chips, antennas, and electronic circuits aiming to provide precise positioning, navigation, and timing (PNT) data. Such modules are indispensable in sectors such as automotive, agriculture, logistics, consumer electronics, and industrial automation.

By End User:

• Consumer Electronics
• Automotive and Transportation
• Industrial
• Military and Defense
• Telecom and IT
• BFSI
• Others

By Application:

• Navigation and Location-Based Services
• Mapping and Surveying
• Telematics
• Timing and Synchronization
• Search and Rescue
• Others

By Precision Levels:

• Standard precision GNSS
• High-precision GNSS

By Device:

• Smartphones
• Tablets
• In-Vehicle Systems
• Personal Navigation Devices
• Drones
• Others

By Geography:

• North America
• Europe
• Asia Pacific
• South & Central America
• Middle East & Africa

GNSS Chips and Modules Market Regional Insights

The regional trends and factors influencing the GNSS Chips and Modules Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses GNSS Chips and Modules Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

GNSS Chips and Modules Market Report Scope

GNSS Chips and Modules Market Players Density: Understanding Its Impact on Business Dynamics

The GNSS Chips and Modules Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

GNSS Chips and Modules Market Share Analysis by Geography

Asia Pacific dominated the market in 2024. North America is the second-largest contributor to the global GNSS chips and modules market, followed by Europe. The market's growth trajectory is attributed to the increasing demand for consumer electronics with navigation and positioning features. In addition, rising demand for 4G and 5G network coverage, high-speed internet, and increasing penetration and sales of wearable devices across global economies are key factors propelling the demand for GNSS chips.

The presence of large enterprises, technological advancements, and strong research and development capabilities in North America drives the demand for GNSS chips. Factors favoring the growth of the market in North America include increased technological advancements and government support for the adoption of unmanned aerial vehicles (UAVs).

The GNSS chips and modules market growth differs in each region due to technological advancement, regulatory & quality compliance, and demand for efficiency & throughput. Below is a summary of market share and trends by region:

1. North America

• Market Share: Holds a significant portion of the global market share
• Key Drivers:
  • High demand for GNSS in ADAS and autonomous vehicles.
  • Widespread use in smartphones, wearables, and IoT devices.
  • Technological advances in multi-frequency, low-power GNSS chipsets.
• Trends: Adoption of dual/multi-frequency GNSS chips for improved accuracy.

2. Europe

• Market Share: Substantial share driven by Galileo deployment and strong automotive sector.
• Key Drivers:
  • Support for Galileo-capable GNSS modules.
  • High adoption in connected vehicles and ADAS systems.
  • Demand from smart mobility and logistics applications.
• Trends: Expansion of multi-constellation GNSS support (e.g., Galileo, GPS, BeiDou).

3. Asia Pacific

• Market Share: Largest and fastest-growing globally
• Key Drivers:
  • High smartphone and consumer electronics production.
  • Growth in automotive and EV navigation systems
  • Government-backed regional GNSS (e.g., BeiDou, NAVIC, QZSS)
• Trends: Integration with 5G and sensor fusion.

4. Middle East and Africa

• Market Share: Moderate but steadily growing
• Key Drivers:
  • Smart city and infrastructure projects.
  • Industrial use in mining, oil & gas, logistics
  • Government interest in navigation infrastructure
• Trends: Increased use in UAVs, mapping, and agriculture.

5. South & Central America

• Market Share: Small but expanding steadily
• Key Drivers:
  • Precision farming, mining, and logistics demand.
  • Smartphone penetration and urban development
  • Government pushes for digital mapping and tracking
• Trends: Growing interest in high-accuracy positioning.

GNSS Chips and Modules Market Players Density: Understanding Its Impact on Business Dynamics

High Market Density and Competition

Competition is intense due to the presence of major global players such as Qualcomm, Broadcom, MediaTek, STMicroelectronics, u‑blox, Trimble, Furuno, Quectel, Skyworks, Intel, Garmin, and Septentrio. Regional and niche specialists focus on high-precision, ruggedized, low-power, or domain-specific modules.

This high level of competition urges companies to stand out by offering:

• Low‑power, ultra‑compact designs for wearables, IoT devices, and drones.
• Emphasis on multi‑constellation and multi‑frequency support (e.g., GPS, GLONASS, Galileo, BeiDou).
• Integration of GNSS with IMUs and other sensors for hybrid positioning.
• High-precision solutions (e.g., RTK, PPP) for automotive, agriculture, and surveying.

Opportunities and Strategic Moves

• Expansion of RTK/PPP-based high-accuracy applications.
• Mergers, acquisitions, and licensing for tech and market expansion.
• Strategic partnerships between GNSS chipmakers and OEMs.

Other companies analyzed during the course of research:

1. LabSat GPS/GNSS Simulator
2. UniStrong
3. Hi-Target
4. BDStar Navigation Co., Ltd.
5. Navika Electronics Pte. Ltd.
6. Codico GmbH
7. Airoha Technology Corp.
8. MediaTek Inc.
9. Skyworks Solutions, Inc.
10. Garmin Ltd.
11. Navika Electronics
12. Septentrio N.V.
13. Telit Communications PLC
14. Sierra Wireless, Inc.
15. Thales Group
16. Alps Alpine Co., Ltd.
17. Murata Manufacturing Co., Ltd.
18. Infineon Technologies AG
19. Analog Devices, Inc.
20. NXP Semiconductors N.V.
21. Texas Instruments Incorporated
22. Nordic Semiconductor ASA

GNSS Chips and Modules Market News and Recent Developments

• Qualcomm Technologies, Inc. announced two modem chipsets with satellite capability, Jun-2023- Qualcomm Technologies, Inc. announced two modem chipsets with satellite capability: the Qualcomm 212S Modem and the Qualcomm 9205S Modem. The Qualcomm modem chipsets power off-grid industrial use cases that require standalone non-terrestrial network (NTN) connectivity or hybrid connectivity alongside terrestrial networks, and allow IoT enterprises, developers, ODMs, and OEMs to harness real-time information and insights to manage business projects. Qualcomm Technologies is engaged with Skylo, an NTN service provider, to enable and operate this new connectivity medium. The Qualcomm 9205S Modem enables IoT devices to easily connect to cellular and satellite networks for virtually gap-free coverage, and integrates GNSS to provide location data.
• Trimble announced its collaboration with STMicroelectronics, Mar-2025 - Trimble (Nasdaq: TRMB) announced its collaboration with STMicroelectronics to deliver precise positioning solutions for automotive and Internet of Things (IoT) applications. Trimble's precise positioning engine, Trimble ProPoint Go, will be paired with STMicroelectronics' groundbreaking Teseo VI GNSS chipsets, providing OEMs with an integrated approach that maximizes performance and cost efficiency while reducing time-to-market. The combined solution is ideal for applications such as automotive navigation, advanced driver-assistance systems (ADAS), cellular vehicle-to-everything (C-V2X), field robotics, and unmanned aerial vehicles (UAVs). The Teseo VI GNSS receiver enhances signal availability and accuracy by supporting quad-band GNSS (L1, L2, L5, and E6), which improves performance in challenging environments such as urban canyons.

GNSS Chips and Modules Market Report Coverage and Deliverables

The "GNSS Chips and Modules Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

• GNSS chips and modules market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• GNSS chips and modules market trends, as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST and SWOT analysis
• GNSS chips and modules market analysis covering key trends, global and regional framework, major players, regulations, and recent developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the GNSS chips and modules market
• Detailed company profiles