GNSS Market to Surpass $563.20 Billion by 2031
Fueled by Autonomous Vehicles and Location-Based Services
The Global Navigation Satellite System (GNSS) Market was valued at $270.51 billion in 2023. It is anticipated to reach a valuation of $563.20 billion by 2031, exhibiting a robust compound annual growth rate (CAGR) of 9.6% from 2024 to 2031.
A GNSS refers to a network of satellites orbiting Earth, transmitting positioning, navigation, and timin…
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