Global Navigational Satellite System (GNSS) Chip Market: Increased Usage in Transportation
The global navigational satellite system (GNSS) chip market at present is a fragmented one where no player has clear majority. Driving their market forward is the increasing use of GNSS devices in security applications and various new applications in roadways, railways, aviation, marine industry and defense. Besides, rise in connected cars and growing manufacture of smartphones are also slated to place the market on a solid growth trajectory in the years to come.
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