South and Central Africa GNSS Chip Market to 2030 - By Size, Share, Growth by End User and Forecast

The South & Central Africa GNSS chip market was valued at US$ 213.95 million in 2022 and is expected to reach US$ 314.80 million by 2030; it is estimated to register at a CAGR of 4.9% from 2022 to 2030.

Upsurging Need for Accuracy in Real-Time Data Fuels South & Central Africa GNSS Chip Market

Real-time, accurate location data is crucial for various navigation and mapping applications, including ride-hailing services, delivery drones, and precise driving directions. GNSS chips enable these applications by providing real-time positioning information.

GNSS surveying technologies offer a wide range of accuracy levels and approaches to satisfy the needs of many applications. Single point positioning (SPP) offers simple location; real-time kinematic (RTK) and post-processing kinematic (PPK) offer centimeter-level precision, and Differential Positioning (DGPS) enhances accuracy. Owing to its, lower latency, and real-time corrections, RTK stands out as the most accurate approach. High accuracy in surveying operations can be attained with the help of sophisticated data processing software, integrated sensor systems, and high-end GNSS receivers with multi-constellation and multi-frequency capabilities. Through a comprehensive understanding of the various GNSS surveying techniques and suitable equipment selection, experts can guarantee precise and dependable outcomes for their projects. Thus, the increasing demand for real-time, accurate data drives the South & Central America GNSS chip market growth. In addition, the emergence of technological advances and new applications propels the need for reliable and efficient GNSS solutions.

South & Central Africa GNSS Chip Market Overview

SAM consists of various developing countries such as Brazil, Argentina, and the Rest of SAM. In SAM, the use of smartphones is expected to dominate the SAM consumer electronics sector due to the increasing young population. Consumer electronics in SAM is one of the fastest-growing industries as new and innovative technologies emerge. The GNSS chip market in the region is growing as several companies are investing in providing GNSS services. For instance, in January 2024, u-blox (a global provider of leading positioning and wireless communication technology and services) and Nordian (a US precision location technology company providing advanced GNSS hardware solutions and services for the South America market), announced the expanded coverage of the PointPerfect GNSS correction service to Brazil, a promising market for high-precision GNSS applications. The collaboration between u-blox and Nordian will facilitate precise positioning for a diverse range of applications, in particular high-precision agriculture, but also service robots, machinery automation, micro-mobility, and emerging automotive applications such as lane-accurate navigation and telematics.

GNSS chips are being increasingly used owing to the growth in several sectors, including Consumer Solutions, Road, Manned Aviation, Drones, Maritime, Emergency Response, Rail, Agriculture, Geomatics, and Critical Infrastructures. Thus, all the factors mentioned above are influencing the growth of the GNSS chips market in SAM.

South & Central Africa GNSS Chip Market Revenue and Forecast to 2030 (US$ Million)

Get more information on this report

South & Central Africa GNSS Chip Strategic Insights

Strategic insights for the South & Central Africa GNSS Chip provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

strategic-framework/south-and-central-africa-gnss-chip-market-strategic-framework.webp

Get more information on this report

South & Central Africa GNSS Chip Report Scope

Report Attribute	Details
Market size in 2022	US$ 213.95 Million
Market Size by 2030	US$ 314.80 Million
Global CAGR (2022 - 2030)	4.9%
Historical Data	2020-2021
Forecast period	2023-2030
Segments Covered	By Device Smartphones Tablets Personal Navigation Devices In-Vehicle Systems By Application Navigation and Location-Based Services Mapping and Surveying Telematics Timing and Synchronization
Regions and Countries Covered	South & Central Africa South & Central Africa
Market leaders and key company profiles	Qualcomm Inc Broadcom Inc Trimble Inc Furuno Electric Co Ltd MediaTek Inc STMicroelectronics NV u-blox Holding AG

Get more information on this report

South & Central Africa GNSS Chip Regional Insights

The geographic scope of the South & Central Africa GNSS Chip refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

geography/south-and-central-africa-gnss-chip-market-geography.webp

Get more information on this report

South & Central Africa GNSS Chip Market Segmentation

The South & Central Africa GNSS chip market is segmented based on device, application, vertical, and country.

Based on device, the South & Central Africa GNSS chip market is segmented into smartphones, tablets, personal navigation devices, in-vehicle systems, and others. The smartphones segment held the largest share in 2022.

In terms of application, the South & Central Africa GNSS chip market is segmented into navigation and location-based services, mapping and surveying, telematics, timing and synchronization, and others. The navigation and location-based services segment held the largest share in 2022.

By vertical, the South & Central Africa GNSS chip market is segmented into consumer electronics, automotive & transportation, military & defense, marine, and others. The consumer electronics segment held the largest share in 2022.

Based on country, the South & Central Africa GNSS chip market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central Africa GNSS chip market in 2022.

Qualcomm Inc, Broadcom Inc, Trimble Inc, Furuno Electric Co Ltd, MediaTek Inc, STMicroelectronics NV, and u-blox Holding AG are some of the leading companies operating in the South & Central America GNSS chip market.

Identical Market Reports with other Region/Countries