Commercial Space Products and Services
Positioning, Navigation, and Timing Services
2011 – Positioning, Navigation, and Timing Services Snapshot
Products and services that use satellite geolocation and navigation systems comprise one of the largest and fastest-growing markets in the space industry. Estimated global revenue for this market, as projected by the European GNSS Agency (GSA) in an October 2010 report, was $## billion in 2011, compared to $## billion in 2010.
Economy: Space Economy – TSR 2011
2010 – Positioning, Navigation, and Timing Services – Snapshot
The market for products and services that use satellite geolocation and navigation systems as a significant enabler is one of the largest and fastest-growing in the space industry. Total global market revenue for 2010 is estimated at $## billion compared to $## billion in 2008. This estimate is derived from the Global Navigation Satellite System (GNSS) Market Report released by the European GNSS Agency (GSA) in October 2010.
2009 – Positioning, Navigation, and Timing Services – Snapshot
Estimates of revenue generated by the satellite positioning market in 2008 ranged from less than $## billion, according to analyst firms IMS Research and BCC Research, to more than $## billion, according to ABI Research. In 2009, market research firm RNCOS forecast that the worldwide market for mobile location technologies would exceed $## billion in 2013. RNCOS also expects a market shift from the dominant personal navigation devices (PNDs) toward GPS-enabled smartphones, which will comprise ##% of the market in 2013.
2008 – Positioning, Navigation, and Timing Services – Snapshot
The satellite positioning market is extremely large, with estimates of the total revenues from equipment and services ranging as high as $## billion a year, according to a 2008 study from ABI Research. Since there is no direct usage fee for the positioning signal provided by the GPS satellites, these revenues flow from user equipment, software applications, and secondary services related to such applications. The equipment market is discussed with other ground equipment and the associated revenues are included in the ground equipment revenues.
2007 – Positioning, Navigation, and Timing Services
Sales of GPS equipment and chipsets grew ##% in 2007, reaching an estimated $## billion in revenue. Of the estimated $## billion in economic activity in the global space economy, GPS equipment sales account for ##%. ABI Research estimates the total GPS equipment market to be $## billion in 2007. However, this includes $## billion in revenue from mobile phones that incorporate a GPS chipset. These are not included in the totals for global space activity because GPS capabilities are secondary applications of these devices.
2005 – Positioning, Navigation, and Timing Services
ABI Research estimates global market revenues for satellite-based positioning technologies for all applications at $## billion for 2005, see Exhibit 4o, The Industrial Technology Research Institute estimated 2003 GPS production value at $## billion and growing. Trends in GPS growth were reported in Business Week, along with a discussion of the entrance of “mainstream” electronics firms into the GPS marketplace:
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