Global Positioning Systems Market To Reach $440.91 Billion By 2033

Global Positioning Systems Market Growth & Trends

The global positioning systems market size is expected to reach USD 440.91 billion by 2033, registering a CAGR of 16.8% from 2025 to 2033, according to a new report by Grand View Research, Inc. Burgeoning popularity of location-based services such as online food delivery and e-hailing services are projected to create significant demand for GPS-enabled devices over the forecast period. Furthermore, increasing use of GPS devices for navigation purposes in military aircraft and navy ships is poised to propel the market.

Global positioning systems are satellite-based navigation systems that provide real-time location of objects. GPS is widely used in a variety of civil applications, including road transportation, shipping, rail transportation, heavy vehicle guidance, surveying and mapping, social activities, and financial services. GPS transmitters use data to provide exact location of the object. Moreover, a GPS can work in any weather condition that makes it more versatile and reliable.

Among all application segments, the location-based services and road segments are expected to be significant revenue contributors in the global market during the forecast period owing to increasing deployment of GPS technology in smartphones, tablets, networking devices, IoT devices, and connected vehicles. Rising adoption of smartphones and growing consumer inclination towards digital services such as online retailing, cab services, and food at door steps are likely to spur the growth of the market during the forecast period.

In addition, increasing investments by large market players in developing countries such as China, India and Indonesia are expected to boost overall adoption through partnership with local suppliers. This will help the Asia Pacific market to gain traction over the coming years. However, lack of network infrastructure and  lack of awareness of GPS technology among large population are estimated to hinder the growth of the market over the forecast period. 

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Global Positioning Systems Market Report Highlights

• The consumer devices segment dominated the market and accounted for the revenue share of 45.8% in 2024.

• The location based services segment accounted for the largest revenue share in 2024, driven by the rise of on-demand services such as ride-hailing, grocery delivery, and food ordering.

• The global positioning systems market in Asia Pacific dominated with the largest revenue share of 37.3% in 2024, due to the large-scale infrastructure development, booming e-commerce logistics, and rising investments in smart agriculture.

Global Positioning Systems Market Segmentation

Grand View Research has segmented the global positioning systems market on the basis of deployment, application, and region:

Global Positioning Systems Deployment Outlook (Revenue, USD Billion, 2021 - 2033)

• Standalone tracker

• Portable Navigation Devices

• Automotive Telematics Systems

• Consumer Devices

• Others

Global Positioning Systems Application Outlook (Revenue, USD Billion, 2021 - 2033)

• Road

• Aviation

• Marine

• Location Based Services

• Surveying & Mapping

• Others

Global Positioning Systems Regional Outlook (Revenue, USD Billion, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

• Latin America

  • Brazil

• Middle East & Africa

  • UAE

  • Saudi Arabia

  • South Africa

List of Key Players of Global Positioning Systems Market

• Broadcom

• Collins Aerospace

• Garmin Ltd.

• Hemisphere GNSS, Inc.

• Hexagon AB

• MiTAC Holdings Corporation

• Qualcomm Technologies, Inc.

• Quectel Wireless Solutions Co., Ltd.

• Septentrio N.V.

• Sierra Wireless

• Swift Navigation

• Texas Instruments Incorporated

• TomTom International BV

• Topcon Positioning Systems, Inc.

• Trimble Inc.