Articles tagged with: Justyna Redelkiewicz Musial

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Jan 2011 | No Comment

The global market for GNSS will grow significantly over the next decade, reaching some about €244 billion for the enabled GNSS market in 2020. GNSS market forecasting is of great interest to private and public GNSS stakeholders, for business and strategic planning and policymaking. According to the 2010 GNSS Market Monitoring report published by The European GNSS Agency (GSA), the global market for GNSS will grow significantly over the next decade, reaching some €244 billion for the enabled GNSS market in 2020. Delivery of GNSS devices will exceed one billion per year by 2020. Mobile location based services (LBS) and Road will be the market sectors with the highest revenue generation.