Oyster Bay, New York - 13 May 2014
The GNSS IC market continues to go from strength to strength with Cellular GNSS IC revenue alone forecast to break $2 billon by 2016, with a host of secondary markets starting to emerge, acccording to ABI Research. This may help to explain why both Intel and Samsung have recently acquired GNSS IC design capabilities, creating competition for incumbents like Broadcom, Qualcomm and Mediatek.
The arrival of wearables, in-store advertising, ambient intelligence, IoE/IoT and the connected home has created a lot of justified excitement around indoor location. However, GNSS is still an essential technology in tying these disparate networks together and remains the cornerstone of ubiquitous location.
Senior analyst, Patrick Connolly comments, “Indoor location will be a significant enabler for GNSS, driving growth in both commercial and personal asset tracking, the connected home and fitness/health. We also see consumer GNSS IC OEMs adopting sub-meter precision technologies, such as u-Blox’s PPP technology, which will open up markets around UAVs, machine control, timing and synchronization, ADAS and the driverless car, etc. As a result, total GNSS IC revenues are set to hit $2.75 Billion in 2019.”
VP and practice director Dominique Bonte adds, “From an automotive perspective, the connected car, infotainment, insurance, telematics/diagnostics, safety, will all increase adoption of GNSS. We can expect to see cars fitted with multiple GNSS ICs in the future. Furthermore, there are strong signals satellite constellations such as Galileo and GLONASS will become mandated for regional automotive applications such as emergency calling.”
These findings are part of ABI Research’s Location Devices Market Research.
ABI Research provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. From offices in North America, Europe and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 70+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.
About ABI Research
ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research's global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.
ABI Research提供开创性的研究和战略指导，帮助客户了解日新月异的技术。 自1990年以来，我们已与全球数百个领先的技术品牌，尖端公司，具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。
For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.
Asia: +65 6950.5670