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GSA releases new report on GNSS markets: 7 billion devices, $478 billion revenues by 2022

from Inside GNSS

The European GNSS Agency has released its third market report, which predicts an installed base of 7 billion devices worldwide by 2022 — almost one for every person on the planet. According to the study, "GNSS Market Report Issue 3," compound annual growth rates for GNSS "core" and "GNSS-enabled" revenues will increase by 9 percent through 2016 and 5 percent through 2020, reaching a total of about $478 billion per year. more

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