GPS Receiver Module Market: Growth Projections and Trends (2024-2032)
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The GPS Receiver Module Market is experiencing steady growth, driven by the increasing adoption of location-based services, advancements in navigation technologies, and rising demand across various industries. The market was valued at USD 14.44 billion in 2023 and is projected to expand from USD 15.67 billion in 2024 to USD 30.2 billion by 2032, with a Compound Annual Growth Rate (CAGR) of 8.55% during the forecast period from 2024 to 2032.
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