The nano GPS chip market is not just growing, it is accelerating. Nano GPS chips are considered to be an innovation in the huge variety of GPS solutions. Nano chips are so tiny that they can even fit into a currency note and yet go unnoticed. Growing demand for digitization and nano GPS chip solutions in industrial applications are major factors driving the growth of the global Nano GPS Chip Market. Furthermore, rise in demand for commercial devices enabled with tracking features is another major faactor driving the growth of nano GPS chip market.
OriginGPS Ltd., Shenzhen Esino Technology Ltd., Shenzhen Zhonghe Electronics Co., Ltd, Dragon Bridge (SZ) Tech Co., Ltd, VLSI Solution, Analog Devices Inc., and Fujitsu are a few major players in the global nano GPS chip market. Increasing adoption of digital media is responsible for fuelling the market growth. This is owing to the increase in demand for smartphones, tablet, and various other digital devices. In addition, increasing product developments and innovations by major market players stand as opportunities for the market to grow significantly.
Smartphones sub-segment is expected to hold the largest market share of the global nano GPS chip market due to the increasing demand for smartphones across the globe. Increasing demand for smart wearable devices and tracking gadgets is another major factor responsible for driving the market growth.
The North America region holds the largest share of the market across the globe followed by Europe and Asia Pacific. The U.S. and Canada are dominating the North America market due to rising technological enhancements and growing adoption of nano GPS chip solutions in the region. Moreover, the region has a well-established infrastructure, which allows faster implementation of advanced technologies.
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OriginGPS Ltd. (Israel),
Shenzhen Esino Technology Ltd. (China),
Shenzhen Zhonghe Electronics Co.,
Dragon Bridge (SZ) Tech Co.,
VLSI Solution (Finland),
Analog Devices Inc. (U.S.),
Unicore Communications, Inc. (China),
ATMEL Corporation (U.S.).
The global nano GPS chip market is segmented by type and application. Based on the type, the market is segmented into low power, sensitivity and others. Whereas, based on application, the market is segmented into tablets, personal digital assistant (PDA), smartphones, personal computers (PC), and others.
The global nano GPS chip market is studied in Asia Pacific, North America, Europe, and Rest of the World. North America is estimated to account for the largest share of the market, whereas Asia Pacific is projected to grow at the fastest rate during the forecast period. The growth of the market in North America is attributed to technological advancements and increased adoption of Nano GPS chip applications across various industry verticals.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
LIST OF TABLES
Table 1 Global Nano GPS Chip Market: By Region, 2017-2023
Table 2 North America Nano GPS Chip Market: By Country, 2017-2023
Table 3 Europe Nano GPS Chip Market: By Country, 2017-2023
Table 4 Asia-Pacific Nano GPS Chip Market: By Country, 2017-2023
Table 5 Middle East & Africa Nano GPS Chip Market: By Country, 2017-2023
LIST OF FIGURES
FIGURE 1 Global Nano GPS Chip Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Nano GPS Chip Market
FIGURE 4 Value Chain Of Global Nano GPS Chip Market
FIGURE 5 Share Of Global Nano GPS Chip Market In 2017, By Country (In %)
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