GSA Issues Second GNSS Market Report: 1.1 Billion Units by 2020

The European GNSS Agency (GSA) has published its second GNSS market report, including a special focus on maritime and surveying application markets and refining its projections of unit and sales revenue volumes through 2020.
According to the new GSA report, the worldwide GNSS market is growing rapidly with total market size expected to increase at an average of 13 percent per year until 2016. At that point, increasing market saturation, price erosion, and platform convergence will reduce the growth rate.
By Inside GNSS














