Press "Enter" to skip to content

Global Positioning Systems Market to Reflect a Holistic Expansion During 2026

Global Positioning Systems Market (GPS)  was valued US$ 38.01 Bn in 2017 and is expected to reach US$ 135.34 Bn by 2026, at a CAGR of 17.2 % during a forecast period.

GPS is a radio navigation system that allows sea, land, and airborne users to define their exact location, velocity, and time 24 hours a day, in all weather conditions, anywhere in the world. GPS is a satellite-based navigation system consisting of a network of 24 orbiting satellites that are eleven thousand nautical miles in space and in six different orbital paths. The satellites are regularly moving, making two complete orbits around the Earth in just under 24 hours. If we do the math, that’s about 2.6 kilometers per second.

The GPS system gets calibrated by its own and therefore it can be easily used by anyone. GPS helps find retail outlets in a new tourist location. Nowadays GPS is very demandable owing to theft-protection systems.

Click Here to Get Sample Premium Report @

In future, all GSM phones are expected to fit with superior GPS technology to help the user in navigation. This superior GPS technology will also help track other GPS-mobile enabled users.

GPS gets updated in every twelve minutes. Once the signal has reached the updated time, the satellite is unable to know the correct location and can make calculation based on the wrong information.

The location-based services segment is leading share of the global positioning systems market. Location-based information can be useful for secure authentication of users and fraud management services while enabling mobile services.

North America holds the dominant share in global positioning systems market owing to high military expenditure by governments and high penetration of smartphone. There is no charge to utilize the GPS service as US defense accepting cost of the GPS system is a key opportunity. GPS maintained and upgraded by the US department of defence. However, Asia Pacific is poised to witness the highest growth rate during the forecast period, owing to increasing number of smartphone users, growing adoption of broadband, and high investments in network infrastructure.

Key player operating in global positioning systems (GPS) market are Dr. Mach, Toshiba, MAQUET Holding, Karl Storz, Philips, NDS Surgical Imaging, STERIS, Herbert Waldmann, Surgiris, Trumpf Medizin Systeme, Skytron, ALVO Medical, NUVO Surgical, Stryker, Herbert Waldmann, Olympus Medical Systems, Simeon Medical, Amico, Welch Allyn, and Mizhuo.

You can Buy This Report from Here @

Scope of Global Positioning systems (GPS) Market:

Global Positioning Systems Market (GPS) by Deployment:

Standalone Trackers

Portable Navigation Devices

Automotive Telematics Systems

Consumer Devices


Global Positioning Systems Market (GPS) by Application:




Location-Based Services

Surveying and Mapping


Global Positioning Systems Market (GPS) by Region:

North America


Asia Pacific

South America

Middle East & Africa

Request For Report Discounts @

Key Player Operating in Global Positioning Systems Market (GPS):

Dr. Mach


MAQUET Holding

Karl Storz


NDS Surgical Imaging


Herbert Waldmann


Trumpf Medizin Systeme


ALVO Medical

NUVO Surgical


Herbert Waldmann

Olympus Medical Systems

Simeon Medical


Welch Allyn



Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *