The Journal of Space Commerce

The Journal of Space Commerce

Continued Growth Seen in the GPS Services Market

Expansion Has Been Robust in the Previous Year

Tom Patton's avatar
Tom Patton
Jul 26, 2024
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The GPS services market has experienced robust growth in recent years, expanding from $27.25 billion in 2023 to $30.83 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. According to a new report from The Business Research Company in London, the market is projected to continue its strong growth, reaching $51.03 billion in 2028 at a CAGR o…

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