The GPS Chipset Market is expected to register a CAGR of 10.8% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Type (Type 1, Type 2); Application (Portable navigation devices (PND), Automotive, Consumer electronics, Handheld device, Other applications). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments
Purpose of the ReportThe report GPS Chipset Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
GPS Chipset Market Segmentation
Type- Type 1
- Type 2
- Portable navigation devices
- Automotive
- Consumer electronics
- Handheld device
- Other applications
Strategic Insights
GPS Chipset Market Growth Drivers- Increased Demand for Location-Based Services: The growing popularity of location-based services (LBS) in industries like transportation, logistics, and mobile applications is a major driver for the GPS chipset market. As smartphones, wearables, and connected devices become integral parts of everyday life, the demand for accurate, real-time location tracking continues to rise. GPS chipsets are essential for enabling navigation, tracking, and geofencing capabilities in these devices.
- Expansion of Automotive Applications: The automotive industry's shift toward connected and autonomous vehicles is significantly driving the demand for GPS chipsets. GPS technology is crucial for navigation, route optimization, and safety features such as lane-assist and vehicle tracking. With the rise of electric vehicles (EVs) and autonomous driving technologies, the need for precise GPS systems is growing rapidly, boosting the chipset market.
- Miniaturization of GPS Chipsets: A key trend in the GPS chipset market is the continued miniaturization of components. As devices like wearables, smartphones, and IoT devices become smaller and more compact, there is a growing demand for GPS chipsets that are not only more accurate but also smaller, more power-efficient, and lightweight. Miniaturized chipsets make it possible to integrate GPS functionality into a wider range of devices without compromising performance.
- Integration with IoT and Smart Devices: The growing integration of GPS chipsets into IoT (Internet of Things) devices is another significant trend. From smart homes and health monitoring to agriculture and asset tracking, GPS-enabled IoT devices are increasing. GPS chipsets play a key role in enabling real-time location tracking and enhancing the functionality of connected devices, driving further demand in the IoT sector.
- Growth in Personal Fitness and Health Applications: The rise in health-conscious consumers and the increasing adoption of fitness trackers and smartwatches presents a significant opportunity for the GPS chipset market. These devices rely on accurate GPS data for tracking outdoor activities like running, cycling, and hiking. As demand for wearable health devices grows, so does the need for more precise, power-efficient GPS chipsets.
- Expansion in Emerging Markets: Emerging markets, particularly in Asia-Pacific and Latin America, are seeing a rapid adoption of smartphones, automotive technologies, and IoT solutions, creating significant opportunities for GPS chipset manufacturers. As infrastructure improves and more people adopt connected devices, the demand for GPS chipsets will continue to grow, offering manufacturers a chance to expand their market presence in these regions.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the GPS Chipset Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the GPS Chipset Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
Miniaturization of chipsets is anticipated to play a significant role in the global GPS chipset market in the coming years
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Growing adoption of IoT Devices and rising use in automotive applications are the major factors driving the GPS chipset market
The GPS Chipset Market is estimated to witness a CAGR of 10.8% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 GPS Chipset Market - By Type
1.3.2 GPS Chipset Market - By Application
1.3.3 GPS Chipset Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. GPS CHIPSET MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. GPS CHIPSET MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. GPS CHIPSET MARKET - GLOBAL MARKET ANALYSIS
6.1. GPS CHIPSET - GLOBAL MARKET OVERVIEW
6.2. GPS CHIPSET - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. GPS CHIPSET MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. TYPE 1
7.3.1. Overview
7.3.2. Type 1 Market Forecast and Analysis
7.4. TYPE 2
7.4.1. Overview
7.4.2. Type 2 Market Forecast and Analysis
8. GPS CHIPSET MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PORTABLE NAVIGATION DEVICES (PND)
8.3.1. Overview
8.3.2. Portable navigation devices (PND) Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. CONSUMER ELECTRONICS
8.5.1. Overview
8.5.2. Consumer electronics Market Forecast and Analysis
8.6. HANDHELD DEVICE
8.6.1. Overview
8.6.2. Handheld device Market Forecast and Analysis
8.7. OTHER APPLICATIONS
8.7.1. Overview
8.7.2. Other applications Market Forecast and Analysis
9. GPS CHIPSET MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America GPS Chipset Market Overview
9.1.2 North America GPS Chipset Market Forecasts and Analysis
9.1.3 North America GPS Chipset Market Forecasts and Analysis - By Type
9.1.4 North America GPS Chipset Market Forecasts and Analysis - By Application
9.1.5 North America GPS Chipset Market Forecasts and Analysis - By Countries
9.1.5.1 United States GPS Chipset Market
9.1.5.1.1 United States GPS Chipset Market by Type
9.1.5.1.2 United States GPS Chipset Market by Application
9.1.5.2 Canada GPS Chipset Market
9.1.5.2.1 Canada GPS Chipset Market by Type
9.1.5.2.2 Canada GPS Chipset Market by Application
9.1.5.3 Mexico GPS Chipset Market
9.1.5.3.1 Mexico GPS Chipset Market by Type
9.1.5.3.2 Mexico GPS Chipset Market by Application
9.2. EUROPE
9.2.1 Europe GPS Chipset Market Overview
9.2.2 Europe GPS Chipset Market Forecasts and Analysis
9.2.3 Europe GPS Chipset Market Forecasts and Analysis - By Type
9.2.4 Europe GPS Chipset Market Forecasts and Analysis - By Application
9.2.5 Europe GPS Chipset Market Forecasts and Analysis - By Countries
9.2.5.1 Germany GPS Chipset Market
9.2.5.1.1 Germany GPS Chipset Market by Type
9.2.5.1.2 Germany GPS Chipset Market by Application
9.2.5.2 France GPS Chipset Market
9.2.5.2.1 France GPS Chipset Market by Type
9.2.5.2.2 France GPS Chipset Market by Application
9.2.5.3 Italy GPS Chipset Market
9.2.5.3.1 Italy GPS Chipset Market by Type
9.2.5.3.2 Italy GPS Chipset Market by Application
9.2.5.4 United Kingdom GPS Chipset Market
9.2.5.4.1 United Kingdom GPS Chipset Market by Type
9.2.5.4.2 United Kingdom GPS Chipset Market by Application
9.2.5.5 Russia GPS Chipset Market
9.2.5.5.1 Russia GPS Chipset Market by Type
9.2.5.5.2 Russia GPS Chipset Market by Application
9.2.5.6 Rest of Europe GPS Chipset Market
9.2.5.6.1 Rest of Europe GPS Chipset Market by Type
9.2.5.6.2 Rest of Europe GPS Chipset Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific GPS Chipset Market Overview
9.3.2 Asia-Pacific GPS Chipset Market Forecasts and Analysis
9.3.3 Asia-Pacific GPS Chipset Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific GPS Chipset Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific GPS Chipset Market Forecasts and Analysis - By Countries
9.3.5.1 Australia GPS Chipset Market
9.3.5.1.1 Australia GPS Chipset Market by Type
9.3.5.1.2 Australia GPS Chipset Market by Application
9.3.5.2 China GPS Chipset Market
9.3.5.2.1 China GPS Chipset Market by Type
9.3.5.2.2 China GPS Chipset Market by Application
9.3.5.3 India GPS Chipset Market
9.3.5.3.1 India GPS Chipset Market by Type
9.3.5.3.2 India GPS Chipset Market by Application
9.3.5.4 Japan GPS Chipset Market
9.3.5.4.1 Japan GPS Chipset Market by Type
9.3.5.4.2 Japan GPS Chipset Market by Application
9.3.5.5 South Korea GPS Chipset Market
9.3.5.5.1 South Korea GPS Chipset Market by Type
9.3.5.5.2 South Korea GPS Chipset Market by Application
9.3.5.6 Rest of Asia-Pacific GPS Chipset Market
9.3.5.6.1 Rest of Asia-Pacific GPS Chipset Market by Type
9.3.5.6.2 Rest of Asia-Pacific GPS Chipset Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa GPS Chipset Market Overview
9.4.2 Middle East and Africa GPS Chipset Market Forecasts and Analysis
9.4.3 Middle East and Africa GPS Chipset Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa GPS Chipset Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa GPS Chipset Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa GPS Chipset Market
9.4.5.1.1 South Africa GPS Chipset Market by Type
9.4.5.1.2 South Africa GPS Chipset Market by Application
9.4.5.2 Saudi Arabia GPS Chipset Market
9.4.5.2.1 Saudi Arabia GPS Chipset Market by Type
9.4.5.2.2 Saudi Arabia GPS Chipset Market by Application
9.4.5.3 U.A.E GPS Chipset Market
9.4.5.3.1 U.A.E GPS Chipset Market by Type
9.4.5.3.2 U.A.E GPS Chipset Market by Application
9.4.5.4 Rest of Middle East and Africa GPS Chipset Market
9.4.5.4.1 Rest of Middle East and Africa GPS Chipset Market by Type
9.4.5.4.2 Rest of Middle East and Africa GPS Chipset Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America GPS Chipset Market Overview
9.5.2 South and Central America GPS Chipset Market Forecasts and Analysis
9.5.3 South and Central America GPS Chipset Market Forecasts and Analysis - By Type
9.5.4 South and Central America GPS Chipset Market Forecasts and Analysis - By Application
9.5.5 South and Central America GPS Chipset Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil GPS Chipset Market
9.5.5.1.1 Brazil GPS Chipset Market by Type
9.5.5.1.2 Brazil GPS Chipset Market by Application
9.5.5.2 Argentina GPS Chipset Market
9.5.5.2.1 Argentina GPS Chipset Market by Type
9.5.5.2.2 Argentina GPS Chipset Market by Application
9.5.5.3 Rest of South and Central America GPS Chipset Market
9.5.5.3.1 Rest of South and Central America GPS Chipset Market by Type
9.5.5.3.2 Rest of South and Central America GPS Chipset Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. GPS CHIPSET MARKET, KEY COMPANY PROFILES
11.1. BROADCOM
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. FURUNO ELECTRIC CO., LTD
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. INFINEON TECHNOLOGIES AG
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. MAXIM INTEGRATED
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MEDIATEK INC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. QUALCOMM TECHNOLOGIES INTERNATIONAL
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SKYTRAQ TECHNOLOGY INC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. STMICROELECTRONICS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TEXAS INSTRUMENTS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. U-BLOX
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Broadcom
2. FURUNO Electric Co., Ltd
3. Infineon Technologies AG
4. Maxim Integrated
5. MediaTek Inc
6. Qualcomm Technologies International
7. SkyTraq Technology Inc
8. STMicroelectronics
9. Texas Instruments
10. u-blox
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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