High-Precision GNSS Market Set to Double in Five Years
“A combination of small, low-cost receivers are enabling new devices, services and markets to open up, such as laptops, handhelds, communications devices, etc.,” said senior analyst, telematics and navigation, Patrick Connolly. “Flexible receiver design is also vital, as new GNSS constellations and increasing availability of augmentation technologies proliferate, e.g. RTK, CORS, GLONASS, Compass, Galileo, LocataTech, etc. GNSS receiver manufacturers are increasingly moving to firmware upgrades to support these technologies in a cost effective way for users.”
With the cost of hardware OEM equipment set to fall sharply, companies are looking to generate increasing revenues from software, firmware upgrades, applications, connectivity, distributor support, and other services. Connectivity and real-time data enable the industry to monitor and analyze information, streamlining processes and bring new levels of performance.
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