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GNSS market forecasting is of great interest to private and public GNSS stakeholders, for business and strategic planning and policymaking. According to the new GSA report, the market for GNSS will grow significantly over the next decade, reaching in 2020 up to €244 billion for the overall GNSS enabled market (accounting for the full retail price of the GNSS enabled devices). The GNSS core market (including only the part of the retail value attributable to GNSS, e.g. chipsets) will reach some €165 billion in 2020, with a compound annual growth rate (CAGR) of 11%. Delivery of GNSS devices will exceed one billion per year by 2020. Read More
