GPS IC Market by 2022 - Analysis, Growth, Drivers, Challenges, Trend, Forecast and Vendors Analysis with Top Vendors

GPS IC Market By Key Players, Growth
Factors, Regions And Applications, Industry
Forecast By 2022
“Global Positioning System (GPS) technology has
advanced its applications across several industries
over the globe; the new applications ranges are
coming up due to its substantial advantages. Few
applications are simple, such as determining a
location, whereas some are complex blends of GPS
with communications and other technologies.”
The Global GPS IC Market is expected to witness significant demand over the forecast period. Global Positioning
System (GPS) technology has advanced its applications across several industries over the globe; the new applications
ranges are coming up due to its substantial advantages. Few applications are simple, such as determining a location,
whereas some are complex blends of GPS with communications and other technologies. The fast growth in GPS
commercial applications has been witnessed by the firms building GPS satellites and equipment’s over the past few
years. In future, the GPS market is anticipated to flourish with new technological advancements. One of the key factors
contributing to growth of global market for GPS IC is the increased use of GPS ICs in smartphones. Global GPS IC market
has also been observing the advancement of multifunctional GPS ICs. Though, the absence of accuracy in GPS data
could encounter challenge to the growth of GPS IC market.
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GPS offers benefit such as wireless connectivity and low power consumption, which is also anticipated to drive market
demand over the forecast period. However, factors such as its high cost of operation may hinder its market growth.
Technical glitches such as satellite orbit shift and clock inaccuracy also pose to be a challenge to the GPS market. The
rapid growth in the improvement of global positioning system integrated circuits technology is a key trend in the Global
GPS IC market. Vendors of the GPS integrated circuits design the ICs by focusing on the requirements end users.
Technological improvements in GPS IC are in terms of refining the navigation abilities along with adding extra some
features. With technological developments, GPS devices are planned with communications and other technologies
such as voice-guided navigation applications, tracking and tracing, location-enabled search, voice-guided in-car
navigation, people tracking, and advertising.
The growing demand for GPS ICs in smartphones is one of the foremost growth drivers for the Global GPS IC market.
Presently, nearly nine out of ten smartphones are GPS enabled and these devices are anticipated to contribute
significantly to the overall revenue of the Global GPS IC market. With implanted mapping services and GPS receivers
in smartphones, users are able to obtain text and voice-guided directions, data on points of interest, and real-time
position tracking. Moreover, the Global Smartphone market unit shipment is projected to grow considerably over the
forecast period, which in turn will assist the growth of GPS IC. Geographically the global market for GPS IC is segmented
into North America, Asia Pacific, Middle East and Asia, Europe and Latin America, while the Key regions for this market
are North America, Asia Pacific and Europe. Middle East and Africa is still lagging behind in this technology as the
adoption rate is less in countries of MEA. Asia Pacific is anticipated to appear as high growth regional market due to
rising demand for GPS technology in nations such as India and China. Europe and North America are also anticipated
to witness substantial growth over the forecast period.
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The key vendors dominating the global market for GPS IC include Qualcomm Inc., Broadcom Corp., Texas Instruments
Inc., MediaTek, and CSR Plc., while other predominant players include Maxim Integrated Products Inc., RF Micro
Devices, and Analog Devices Inc. Qualcomm is the chief GPS integrated circuit vendor which is followed by Broadcom
at second place. After a long time, MediaTek attains a top three position after another year of significant growth and
vigorous shipments as a consequence of its targeted design approach. Qualcomm remains the leading player with a
strong universal location platform in IZat. This will be important for achievement in maximum number of cellular
handsets in future. It is also in a strong position to develop in other GPS IC markets. With the continuous innovation,
Broadcom seem to compete aggressively with their competitors, receiving the highest score for this category year over
year. In 2014, Broadcom has declared its concurrent tri band BCM 4771 and BCM 47531 IC GNSS System on Chip
intended for wearable’s, including a sensor hub. Finally, it has also broadcasted its 5G Wi-Fi System on Chip, which is
competent in its new flagship FTM centered AccuLocate technology.
MediaTek has now appeared as a major threat, being third on innovation, following very striking shipments of its
combinations of ICs into confined Chinese smartphone vendors. Moreover it is strong on recreational and cameras,
with an increasing existence in other markets. MediaTek move towards entirely embedded GPS in 2013 should show
significance in fueling market share over the forecast period. Beside this, STMicroelectronics is competing aggressively
among competitors with its new Tesco III platform giving it significant flexible design.

Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million
USD), market share and growth rate of GPS IC in these regions, from 2012 to 2022 (forecast), covering
• United States
• EU
• China
• Japan
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Global GPS IC market competition by top manufacturers, with production, price, revenue (value) and market share
for each manufacturer; the top players including
• Qualcomm Inc.
• Broadcom Corp.
• Texas Instruments Inc.
• MediaTek
• CSR Plc.
• Maxim Integrated Products Inc.
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end
users, consumption (sales), market share and growth rate of GPS IC for each application, including
• Voice-Guided Navigation Applications
• Tracking and Tracing
• Location-Enabled Search
• Voice-Guided In-Car Navigation
• People Tracking

• Advertising
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