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Growth Opportunities in Global Positioning System (GPS) Upgrades and Alternatives

Publisher Frost & Sullivan
Published Oct 05, 2023
SKU # MC18238842

Description

Growth Opportunities in Global Positioning System (GPS) Upgrades and Alternatives


Balancing Equipment Upgrades with Security Concerns and Sustainability Goals

In this research service, Frost & Sullivan overviews the global GPS upgrades and alternatives market, highlighting growth drivers, restraints, and opportunities. The study also outlines the most relevant projects, representative contracts, and leading companies. With 2022 as the base year, the study period is 2023–2027.

GPS is an essential technology that significantly impacts daily life and international conflicts. Disrupting a country's GPS signal can severely affect its economy, trade, and transportation services.

Militaries are increasing their defense budgets to modernize troops and keep up with the latest advancements. Communication systems and unmanned vehicles rely heavily on GPS-provided position, navigation, and timing information, which drives market growth.

However, security and data privacy concerns are prevalent with the GPS constellation, particularly in military operations. GPS signals are vulnerable to unauthorized access, disruption by enemy forces, and spoofing and jamming attacks. Therefore, it is essential to ensure that security in GPS signals is robust and impenetrable, as well as seamlessly interoperable with legacy navigation systems.

Table of Contents

Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the GPS Upgrades and Alternatives Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Opportunity Analysis
Research Scope and Overview
Growth Trends
Growth Challenges
Growth Drivers
Growth Restraints
Definitions and Types of Equipment
GPS Upgrades and Alternatives
Recent Global Developments
Representative Contracts
Competitive Landscape
Impact on Sustainability
Growth Opportunity Universe
Growth Opportunity 1: Inertial Navigation Technology
Growth Opportunity 2: Geographical Information System (GIS) and GPS Integration
Growth Opportunity 3: Missile Guidance Systems
List of Exhibits
Legal Disclaimer

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