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Technological Development Driving the GNSS Industry

Jul 12, 2016

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The GNSS market has witnessed significant growth in recent years on account of increased technological development fuelled by the determination of various countries to have their own navigation satellite system. Driven by increased spending in navigation system, the government of various countries such as US, China, India is focusing on the improvisation of indigenous navigation satellite system. Driven by the above factors, GNSS industry is slated to grow at a CAGR of 10% during the forecast period of 2016-2022.
 
According to our latest research study, “Global Navigation Satellite Systems Market Outlook 2022”, the government initiatives are boosting the GNSS market. The study of the emerging trends also revealed that trends in play like Autonomous vehicles, and indoor navigation positioning services would help the GNSS market to grow in the coming years. Furthermore, with the technological advancement all around the globe, the location based services are amongst some of the major factors that are driving this industry in the country.
 
Research Analysis & Highlights
 
The report Global Navigation Satellite Systems Market Outlook 2022, by RNCOS spread over 168 pages provides an in-depth research and rational analysis of the current status and future growth prospects of the GNSS industry. Our research includes detailed study on the GNSS market including Location based services, Transportation services, Surveying services and agricultural services. Besides that, the report exhibits the emerging trends and drivers which are boosting the growth of GNSS market.
 
The report further provides a detailed profiling of countries along with the market overview for 10 countries. Through the section of potential growth areas we have tried to provide the insight of current market scenario amongst manufacturers, developers and location based advertiser. Additionally, we have also covered the key players section which gives a proper understanding to our customers about the existing competition in GNSS market. As a whole, the report represents a comprehensive outlook of the sector’s past, present, and future scenario.
 
Some of the report’s key highlights include:
 
  - Autonomous Vehicles: Pushing the GNSS market forward
  - Indoor GNSS Positioning: Huge Potential for Research
  - People, Pets and Thing Finder: The Next Attraction
  - New Opportunities for GNSS Emerge from Smart Cities Boom
 
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM835.htm
 
Check Related REPORTS on: http://www.rncos.com/wireless-industry.htm
 


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