A constellation of satellites that send signals from orbit to GNSS receivers—which provide location, navigation, and timing data—is referred to as a global navigation satellite system (GNSS). It provides customers globally with accurate real-time locating and timing services and is made up of satellite navigation systems such as GPS, GLONASS, Beidou, and Galileo. Currently, there are three completely functional GNSS systems in use throughout the world. Second place goes to the Russian Federation's Global Orbiting Navigation Satellite System (GLONASS), followed by the US Global Positioning System (NAVSTAR) and the EU's Galileo. In addition, it has numerous uses in maritime navigation, location-based services, agriculture, and other domains.

Driving Factors- The GNSS Chip market is expanding as a result of the growing use of GNSS chips for mapping and surveying applications such tracking unknown areas, agriculture, and construction. The increasing need to track the present location of moving items, assets, or people in order to gather real-time information for safety and security purposes is largely responsible for the expansion of the GNSS Chip market. The market is expanding as a result of the rise in emergency locator transmitters that are mounted on aeroplanes for search and rescue missions. The United States GNSS Chip market is expanding due to the availability of numerous atomic clocks in GNSS chips that focus on clock synchronisation to identify accurate geographical position, speeding up commercial vehicle tracking systems. 

Challenges- Autonomous vehicles, aeroplanes, drones, and robots are all at risk of criminal activity, such as hacking and data breaches, due to the increasing reliance on Global Navigation Satellite System (GNSS) technologies. Because of increased privacy concerns, GNSS adoption is hampered by the rise in cyberattacks and security risks. According to reports, a large number of GNSS receivers unintentionally reveal private real-time data, including device types, user information including phone numbers, and precise position data. Some recipients might even divulge audio and video recordings, increasing the possibility of misuse of sensitive information. Concerns about national security are also raised by these breaches, particularly in industries that depend on autonomous systems for defence, logistics, and transportation. 

The COVID-19 epidemic has had a significant impact on the GNSS chip market's expansion. Since many essential pieces of equipment and resources are heavily reliant on imports from other nations, the COVID-19 outbreak caused disruptions to supply chain systems. Additionally, the industries were required to operate with a smaller staff due to the governing authorities' strong instructions to adhere to social distancing standards, which resulted in a decline in the sectors' production rate. Thus, the growth of the GNSS chip market is adversely affected by all of these reasons. But following the COVID-19 outbreak, the market for GNSS chips will expand thanks to its many and creative uses in industries including automotive, rail, maritime, aerospace & defence, and agricultural.

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as Qualcomm Incorporated, Broadcom Limited, STMicroelectronics NV, MediaTek Inc., Intel Corporation, U-Blox Holding AG, Skyworks Solutions Inc., Furuno Electric Co. Ltd., Quectel Wireless Solutions Co. Ltd, Others.

By Device: Based on the Device, United States GNSS Chip Market is segmented as; Smartphones, Tablets, Personal Navigation Devices, In-Vehicle systems, Others.

By Application: Based on the Application, United States GNSS Chip Market is segmented as; Navigation and Location-Based Services, Mapping and Surveying, Telematics, Timing and Synchronization, Others.

By Vertical: Based on the Vertical, United States GNSS Chip Market is segmented as; Consumer Electronics, Automotive and Transportation, Military and Defense, Marine, Others.

By Region: This research also includes data for Eastern Region, Western Region, Southern Region, Northern Region.  

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.