World market for Global Navigation Satellite System (GNSS) is projected to reach US$237.9 billion by 2025, driven by the growing focus on Positioning, Navigation, & Timing (PNT) tools in commercial, industrial, government and military applications. The technology’s potential to offer benefits such as improved safety in transportation with full navigational visibility and end-to-end asset tracking, faster response in emergency situations, and superior efficiency in environmental quality monitoring, will continue to bolster growth in the market. Continuous technology advancements are leading to the launch of superior and highly effective GNSS devices, while technology maturity is resulting in the availability of lower priced GNSS/GPS receiver sets. Other major drivers include roll out of GPS III block satellites and increased commercial use of GPS and GNSS systems; full-fledged deployment of novel GNSS platforms including China’s Beidou/BDS; and growing convergence with sm...