The global navigation satellite system (GNSS) market was valued at 198.9 billion euros in 2021, with the largest proportion of revenues generated in the Asia-Pacific region. Here, the market was worth 77 billion euros, and is set to grow to 209 billion euros by 2031.
Global navigation satellite system (GNSS) market size worldwide in 2019, 2021, 2029 and 2031 (in billion euros), by region
Global navigation satellite system (GNSS) is the infrastructure that allows users with a compatible device to determine their position, velocity and time by processing signals from satellites.
Market size: The revenue from device/service sales in a given year.
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European GNSS Agency. (January 25, 2022). Global navigation satellite system (GNSS) market size worldwide in 2019, 2021, 2029 and 2031 (in billion euros), by region [Graph]. In Statista. Retrieved November 13, 2024, from https://www.statista.com/statistics/1174538/gnss-market-size-worldwide-by-region/
European GNSS Agency. "Global navigation satellite system (GNSS) market size worldwide in 2019, 2021, 2029 and 2031 (in billion euros), by region." Chart. January 25, 2022. Statista. Accessed November 13, 2024. https://www.statista.com/statistics/1174538/gnss-market-size-worldwide-by-region/
European GNSS Agency. (2022). Global navigation satellite system (GNSS) market size worldwide in 2019, 2021, 2029 and 2031 (in billion euros), by region. Statista. Statista Inc.. Accessed: November 13, 2024. https://www.statista.com/statistics/1174538/gnss-market-size-worldwide-by-region/
European GNSS Agency. "Global Navigation Satellite System (Gnss) Market Size Worldwide in 2019, 2021, 2029 and 2031 (in Billion Euros), by Region." Statista, Statista Inc., 25 Jan 2022, https://www.statista.com/statistics/1174538/gnss-market-size-worldwide-by-region/
European GNSS Agency, Global navigation satellite system (GNSS) market size worldwide in 2019, 2021, 2029 and 2031 (in billion euros), by region Statista, https://www.statista.com/statistics/1174538/gnss-market-size-worldwide-by-region/ (last visited November 13, 2024)
Global navigation satellite system (GNSS) market size worldwide in 2019, 2021, 2029 and 2031 (in billion euros), by region [Graph], European GNSS Agency, January 25, 2022. [Online]. Available: https://www.statista.com/statistics/1174538/gnss-market-size-worldwide-by-region/
