United States of America – October 08, 2025 – The Insight Partners unveils its latest market analysis, "GPS Chipset Market: Global Outlook, Segmentation, and Growth Forecast to 2031." This report offers a comprehensive perspective on the GPS Chipset Market, highlighting dynamic technology trends, robust expansion prospects, and competitive strategies for the years ahead.

Overview of GPS Chipset Market

The GPS Chipset Market is experiencing accelerated momentum, driven by rising adoption across automotive, navigation, and connected consumer electronics industries. The market is expected to register a CAGR of 10.8% from 2025 to 2031, as enhanced device miniaturization and IoT proliferation bolster demand for integrated GPS solutions.

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Key Findings and Insights

• Historical Data: Past growth has been shaped by fast-evolving communication networks, advances in satellite technology, and expansion in mobile and wearable device categories.
• Key Factors: Market growth is catalyzed by increasing penetration of location-aware applications, the need for precise navigation, and the emergence of smart, connected automotive electronics.

GPS Chipset Market Segmentation

• By Type
  • Type 1
  • Type 2
• By Application
  • Portable navigation devices
  • Automotive
  • Consumer electronics
  • Handheld device
  • Other applications

Spotting Emerging Trends

• Technological Advancements: Ongoing development of low-power, multi-band, and high-precision GPS chipsets is meeting rising demand for performance and battery efficiency in multiple sectors.
• Changing Consumer Preferences: Users are increasingly relying on high-realibility navigation and location-based services, especially within automotive infotainment, health, and safety applications.
• Regulatory Changes: Evolving automotive safety mandates and telecommunications standards are fueling integration of advanced GPS chipsets in both established and emerging markets.

Growth Opportunities

Significant opportunities lie within next-generation automotive, IoT, and smart device deployments. The market is poised for strong growth as manufacturers innovate on chip design for 5G, autonomous vehicles, and industrial asset tracking.

Market Leaders and Key Company Profiles

• Broadcom
• FURUNO Electric Co., Ltd
• Infineon Technologies AG
• Maxim Integrated
• MediaTek Inc
• Qualcomm Technologies International
• SkyTraq Technology Inc
• STMicroelectronics
• Texas Instruments

Conclusion

The GPS Chipset Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2025–2031 report equips stakeholders with actionable insights for entering or expanding in one of the most dynamic sectors in electronics and navigation. In-depth segmentation and comprehensive company profiling support strategic decision-making and innovative roadmap planning for long-term market success.

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients get solutions to their research requirements through our syndicated and consulting research services. We specialize in semiconductor and electronics, aerospace and defense, automotive and transportation, biotechnology, healthcare IT, manufacturing and construction, medical devices, technology, media and telecommunications, and chemicals and materials.

Contact Us:

If you have any queries about this report or if you would like further information, please get in touch with us:
Contact Person: Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com
Phone: +1-646-491-9876
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