Dublin, Nov. 18, 2016 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Navigation Satellite System Market 2016-2020" report to their offering. Global GNSS (global navigation satellite system) market to grow at a CAGR of 4.5% during the period 2016-2020
GNSS provides signals from space, which help determine the location of the user by using the timing and position of the data transmitted from the space. GNSS radio signals are complex, as they have a frequency of about 1.5 GHz (gigahertz) per 1.5 billion cycles per second. GNSS requires frequencies that are higher than FM radio, but lower than a microwave oven, for proper functioning. The GNSS signal become weak, when they reach the ground. The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Growing popularity of IoT and machine to machine (M2M) communication will be one of the major trends in the market. According to the report, the growth in automotive industry will be one of the major factors that will drive the growth of the market. Further, the report states that multiconstellation compatibility and interoperability issues will be one of the major challenges influencing market growth.
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Key vendors
- Qualcomm
- Broadcom
- MediaTek
- SkyTraq
- Intel
- STMicroelectronics
- FURUNO
- u-blox
Key Topics Covered: Part 01: Executive summary Part 02: Scope of the report Part 03: Market research methodology Part 04: Introduction Part 05: Market Landscape Part 06: Road Part 07: LBS Part 08: Surveying Part 09: Agriculture Part 10: Aviation Part 11: Maritime Part 12: Rail Part 13: Vendor landscape Part 14: Appendix For more information about this report visit http://www.researchandmarkets.com/research/mt...navigation
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