{"id":35736,"date":"2025-10-10T00:00:44","date_gmt":"2025-10-09T17:00:44","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=35736"},"modified":"2025-10-10T00:00:44","modified_gmt":"2025-10-09T17:00:44","slug":"gnss-chipset-shipments-to-hit-2-4-billion-by-2029-fueled-by-wearables-and-high-precision-applications","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=35736","title":{"rendered":"GNSS Chipset Shipments to Hit 2.4 Billion by 2029, Fueled by Wearables and High-Precision Applications"},"content":{"rendered":"<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2309035\/ABI_Research_2024.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">NEW YORK<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 9, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Demand for Global Navigation Satellite System (GNSS) chipsets is rising globally, driven by growth in key verticals such as automotive and transportation, consumer electronics, and asset tracking applications. According to global technology intelligence firm <b>ABI Research<\/b>, global GNSS chipset shipments are projected to grow to 2.4 billion by 2029. <span class=\"xn-location\">China<\/span> is expected to lead this growth with the highest Compound Annual Growth Rate (CAGR) of 7.2% between 2024 and 2029, followed closely by <span class=\"xn-location\">Western Europe<\/span> at 6.7% and the rest of the <span class=\"xn-location\">Asia-Pacific<\/span> region (excluding <span class=\"xn-location\">China<\/span>) at 5.6%. In contrast, the <span class=\"xn-location\">Middle East<\/span> and <span class=\"xn-location\">Africa<\/span> is anticipated to see slower growth, with a CAGR of 2.7%.<\/p>\n<p>&#8220;We are seeing a growing demand for consumer electronics, especially in countries like <span class=\"xn-location\">India<\/span>, <span class=\"xn-location\">Indonesia<\/span>, <span class=\"xn-location\">Vietnam<\/span>, and <span class=\"xn-location\">Thailand<\/span>,&#8221; explains <span class=\"xn-person\">Rachel Kong<\/span>, Research Analyst at\u00a0ABI Research. &#8220;This is fueled by the rapidly growing middle-class populations and smartphone penetration rates, which are boosting the adoption of\u00a0GNSS-enabled smartphones, wearables, and tablets. In particular, the Sport &amp; Wearables category \u2013 which includes devices such as smartwatches, smart glasses, fitness &amp; wellness trackers, and wearable cameras \u2013 is forecast to see the highest CAGR of 13.2% between 2024 and 2029.&#8221;<\/p>\n<p>Another key technology experiencing rapid growth is\u00a0GNSS chipsets supporting the E6 band, an emerging GNSS frequency designed for high-precision applications. These chipsets are expected to achieve a strong CAGR of 36.7% between 2024 and 2029, largely driven by high-precision applications such as autonomous driving, aerospace, critical infrastructure monitoring, land surveying, and new location-based services.<\/p>\n<p>With increasing global interoperability and integration of multiple\u00a0GNSS solutions, worldwide demand for seamless, high-precision navigation continues to rise.<\/p>\n<p>&#8220;Manufacturers are more willing to adopt multi-constellation\u00a0chipsets to support a broader range of applications and geographies,&#8221; said Kong.<\/p>\n<p>In addition, vendors such as\u00a0Quectel, Unicore, Trimble, and ComNav Technology are increasingly launching and developing products that support the E6 band. Recent updates, including Trimble&#8217;s firmware enabling Galileo High Accuracy Service (HAS) on its devices, and Unicore introducing the UM981 high-precision positioning model, demonstrate the growing traction of this frequency band. Multi-frequency bands are also gaining significance by offering enhanced positioning accuracy, improved signal reliability, and better resistance to interference.<\/p>\n<p>&#8220;These bands are already widely used in sectors such as aviation, maritime, and automotive, and their adoption will continue to grow as new use applications emerge and evolve over time,&#8221; said Kong.<\/p>\n<p>These findings are from\u00a0ABI Research&#8217;s <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4528917-1&amp;h=3521725612&amp;u=https%3A%2F%2Fwww.abiresearch.com%2Fmarket-research%2Fproduct%2F7781109-outdoorwide-area-location-technologies&amp;a=Outdoor%2FWide+Area+Location+Technologies\" target=\"_blank\" rel=\"nofollow\">Outdoor\/Wide Area Location Technologies<\/a>\u00a0market data report, part of the company&#8217;s\u00a0<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4528917-1&amp;h=2263868294&amp;u=https%3A%2F%2Fwww.abiresearch.com%2Fmarket-research%2Fservice%2Fspace-technologies%3FhsLang%3Den&amp;a=Space+Technologies+and+Innovation\" target=\"_blank\" rel=\"nofollow\">Space Technologies and Innovation<\/a>\u00a0research service, which includes research, data, and ABI Insights.\u00a0<\/p>\n<p><b>About\u00a0ABI Research<\/b><\/p>\n<p>ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.<\/p>\n<p>ABI Research\u662f\u4e00\u5bb6\u5168\u7403\u6027\u7684\u6280\u672f\u60c5\u62a5\u516c\u53f8\uff0c\u62e5\u6709\u5f97\u5929\u72ec\u539a\u7684\u4f18\u52bf\uff0c\u5145\u5f53\u7ec8\u7aef\u5e02\u573a\u516c\u53f8\u548c\u6280\u672f\u89e3\u51b3\u65b9\u6848\u63d0\u4f9b\u5546\u4e4b\u95f4\u7684\u6865\u6881\uff0c\u901a\u8fc7\u63d0\u4f9b\u72ec\u5bb6\u7814\u7a76\u548c\u4e13\u4e1a\u6027\u6307\u5bfc\uff0c\u63a8\u52a8\u6210\u529f\u7684\u6280\u672f\u5b9e\u65bd\u548c\u63d0\u4f9b\u7ecf\u8bc1\u660e\u53ef\u5438\u5f15\u548c\u7559\u4f4f\u5ba2\u6237\u7684\u6218\u7565\uff0c\u65e0\u7f1d\u8fde\u63a5\u8fd9\u4e24\u5927\u4e3b\u4f53\u3002<\/p>\n<p>For more information about ABI Research&#8217;s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in <span class=\"xn-location\">Europe<\/span>, +65.6592.0290 in <span class=\"xn-location\">Asia-Pacific<\/span>, or visit<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4528917-1&amp;h=1319906541&amp;u=https%3A%2F%2Fwww.abiresearch.com%2F%3Futm_source%3Dmedia%26utm_medium%3Demail&amp;a=%C2%A0www.abiresearch.com\" target=\"_blank\" rel=\"nofollow\">\u00a0www.abiresearch.com<\/a>.<\/p>\n<p><b>Contact Info<\/b>:<\/p>\n<p><b>Global\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <br \/><\/b><span class=\"xn-person\">Jason Scheer<\/span><br \/>Tel: +1.516.624.2558\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <br \/><a href=\"mailto:pr@abiresearch.com\" target=\"_blank\" rel=\"nofollow\">pr@abiresearch.com<\/a>\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2309035\/ABI_Research_2024.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">NEW YORK<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 9, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Demand for Global Navigation Satellite System (GNSS) chipsets is rising globally, driven by growth in key verticals such as automotive and transportation, consumer electronics, and asset tracking applications. According to global technology intelligence firm <b>ABI Research<\/b>, global GNSS chipset shipments are projected to grow to 2.4 billion by 2029. <span class=\"xn-location\">China<\/span> is expected to lead this growth with the highest Compound Annual Growth Rate (CAGR) of 7.2% between 2024 and 2029, followed closely by <span class=\"xn-location\">Western Europe<\/span> at 6.7% and the rest of the <span class=\"xn-location\">Asia-Pacific<\/span> region (excluding <span class=\"xn-location\">China<\/span>) at 5.6%. In contrast, the <span class=\"xn-location\">Middle East<\/span> and <span class=\"xn-location\">Africa<\/span> is anticipated to see slower growth, with a CAGR of 2.7%.<\/p>\n<p>&#8220;We are seeing a growing demand for consumer electronics, especially in countries like <span class=\"xn-location\">India<\/span>, <span class=\"xn-location\">Indonesia<\/span>, <span class=\"xn-location\">Vietnam<\/span>, and <span class=\"xn-location\">Thailand<\/span>,&#8221; explains <span class=\"xn-person\">Rachel Kong<\/span>, Research Analyst at\u00a0ABI Research. &#8220;This is fueled by the rapidly growing middle-class populations and smartphone penetration rates, which are boosting the adoption of\u00a0GNSS-enabled smartphones, wearables, and tablets. In particular, the Sport &amp; Wearables category \u2013 which includes devices such as smartwatches, smart glasses, fitness &amp; wellness trackers, and wearable cameras \u2013 is forecast to see the highest CAGR of 13.2% between 2024 and 2029.&#8221;<\/p>\n<p>Another key technology experiencing rapid growth is\u00a0GNSS chipsets supporting the E6 band, an emerging GNSS frequency designed for high-precision applications. These chipsets are expected to achieve a strong CAGR of 36.7% between 2024 and 2029, largely driven by high-precision applications such as autonomous driving, aerospace, critical infrastructure monitoring, land surveying, and new location-based services.<\/p>\n<p>With increasing global interoperability and integration of multiple\u00a0GNSS solutions, worldwide demand for seamless, high-precision navigation continues to rise.<\/p>\n<p>&#8220;Manufacturers are more willing to adopt multi-constellation\u00a0chipsets to support a broader range of applications and geographies,&#8221; said Kong.<\/p>\n<p>In addition, vendors such as\u00a0Quectel, Unicore, Trimble, and ComNav Technology are increasingly launching and developing products that support the E6 band. Recent updates, including Trimble&#8217;s firmware enabling Galileo High Accuracy Service (HAS) on its devices, and Unicore introducing the UM981 high-precision positioning model, demonstrate the growing traction of this frequency band. Multi-frequency bands are also gaining significance by offering enhanced positioning accuracy, improved signal reliability, and better resistance to interference.<\/p>\n<p>&#8220;These bands are already widely used in sectors such as aviation, maritime, and automotive, and their adoption will continue to grow as new use applications emerge and evolve over time,&#8221; said Kong.<\/p>\n<p>These findings are from\u00a0ABI Research&#8217;s <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4528917-1&amp;h=3521725612&amp;u=https%3A%2F%2Fwww.abiresearch.com%2Fmarket-research%2Fproduct%2F7781109-outdoorwide-area-location-technologies&amp;a=Outdoor%2FWide+Area+Location+Technologies\" target=\"_blank\" rel=\"nofollow\">Outdoor\/Wide Area Location Technologies<\/a>\u00a0market data report, part of the company&#8217;s\u00a0<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4528917-1&amp;h=2263868294&amp;u=https%3A%2F%2Fwww.abiresearch.com%2Fmarket-research%2Fservice%2Fspace-technologies%3FhsLang%3Den&amp;a=Space+Technologies+and+Innovation\" target=\"_blank\" rel=\"nofollow\">Space Technologies and Innovation<\/a>\u00a0research service, which includes research, data, and ABI Insights.\u00a0<\/p>\n<p><b>About\u00a0ABI Research<\/b><\/p>\n<p>ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.<\/p>\n<p>ABI Research\u662f\u4e00\u5bb6\u5168\u7403\u6027\u7684\u6280\u672f\u60c5\u62a5\u516c\u53f8\uff0c\u62e5\u6709\u5f97\u5929\u72ec\u539a\u7684\u4f18\u52bf\uff0c\u5145\u5f53\u7ec8\u7aef\u5e02\u573a\u516c\u53f8\u548c\u6280\u672f\u89e3\u51b3\u65b9\u6848\u63d0\u4f9b\u5546\u4e4b\u95f4\u7684\u6865\u6881\uff0c\u901a\u8fc7\u63d0\u4f9b\u72ec\u5bb6\u7814\u7a76\u548c\u4e13\u4e1a\u6027\u6307\u5bfc\uff0c\u63a8\u52a8\u6210\u529f\u7684\u6280\u672f\u5b9e\u65bd\u548c\u63d0\u4f9b\u7ecf\u8bc1\u660e\u53ef\u5438\u5f15\u548c\u7559\u4f4f\u5ba2\u6237\u7684\u6218\u7565\uff0c\u65e0\u7f1d\u8fde\u63a5\u8fd9\u4e24\u5927\u4e3b\u4f53\u3002<\/p>\n<p>For more information about ABI Research&#8217;s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in <span class=\"xn-location\">Europe<\/span>, +65.6592.0290 in <span class=\"xn-location\">Asia-Pacific<\/span>, or visit<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4528917-1&amp;h=1319906541&amp;u=https%3A%2F%2Fwww.abiresearch.com%2F%3Futm_source%3Dmedia%26utm_medium%3Demail&amp;a=%C2%A0www.abiresearch.com\" target=\"_blank\" rel=\"nofollow\">\u00a0www.abiresearch.com<\/a>.<\/p>\n<p><b>Contact Info<\/b>:<\/p>\n<p><b>Global\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <br \/><\/b><span class=\"xn-person\">Jason Scheer<\/span><br \/>Tel: +1.516.624.2558\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <br \/><a href=\"mailto:pr@abiresearch.com\" target=\"_blank\" rel=\"nofollow\">pr@abiresearch.com<\/a>\u00a0<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-35736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/35736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35736"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/35736\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}