Nano GPS Chips Market Size & Share, By Type (Low Power and Sensitive); Application - Global Supply & Demand Analysis, Growth Forecasts, Statistical Report 2025-2037

  • Report ID: 7043
  • Published Date: Jan 27, 2025
  • Report Format: PDF, PPT

Global Market Size, Forecast and Trend Highlights Over 2025-2037

Nano GPS Chips Market size was valued at USD 9.6 billion in 2024 and is expected to secure a valuation of USD 48.1 billion in 2037, expanding at a CAGR of 13.2% during the forecast period, i.e. 2025-2037. In 2025, the industry size of nano GPS chips is evaluated at USD 10.8 billion.

E-commerce companies have been adopting efficient supply chain management strategies, owing to the requirement exerted on them by the boom of e-business and online shopping. This has led to more accelerated demands for efficient tracking and real-time monitoring of packages and fleets using nano GPS chips. These small and portable silicon chips make real-time location tracking possible to boost operations productivity and meet customer satisfaction. In September 2022, the Government in India approved the National Logistics Policy to provide an integrated, technology-leveraged logistic ecosystem that is cost-effective and sustainable.

Several industry giants are investing in nano GPS chips technology to provide the best services to their customers. For instance, in October 2024, Outrider, a U.S.-based self-driving vehicle services provider raised USD 62 million in its D round to further invest in its services in distribution yards. The system of Outrider is equipped with self-driving electric yard trucks, which can perform coupling and uncoupling of trailers with the ability to use a robotic arm, making the key direction visible and demonstrating the progress in the implementation of the automation of logistics.


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Nano GPS Chips Market: Growth Drivers and Challenges

Growth Drivers

  • Rising demand for asset and personal tracking: The rise in demand for asset tracking in the transportation and logistics sector, personal tracking in the automotive and consumer electronics industries, and outdoor recreation has led to an increased demand for low-power, highly accurate GPS services. In the area of logistics and fleet management, nano GPS chips are being incorporated into vehicles to provide very accurate location information needed for route planning and increasing overall shipment reliability. For example, in May 2024, Life360 partnered with Hubble Network to create a location-tracking network in a bid to extend the tracking system beyond traditional methods.
  • Emergence of connected and autonomous vehicles: The development of connected and autonomous vehicles (CAVs) highly integrates GPS solutions into the existing environment enabling real-time accurate positioning and navigation. Accurate positioning plays an essential role for autonomous systems both for understanding of their surroundings, and decision-making as well as the safety of passengers. According to a report from the Vehicle Certification Agency, nearly 40% of new car sales in the U.K., will have self-driving capability by 2035. More importantly, current advancements signify the industry’s desire to incorporate advanced GPS technologies in CAVs. FocalPoint collaborated with General Motors, in January 2023 to incorporate Supercorrelation technology into GM’s Super Cruise and forthcoming Ultra Cruise systems.  It is also expected that this partnership will help enhance the positioning of the technology with accuracy, especially within challenging urban environments.  

Challenges

  • Competition from alternatives: Ultra-wideband (UWB), Bluetooth Low Energy (BLE), and Radio Frequency Identification (RFID) are currently serious threats to GPS since they provide comparable solutions to certain applications at lesser costs. UWB has accurate LOS positioning inside buildings, making it perfect for tracking everything from forklifts to portable tools in a warehouse. BLE is standardly implemented in IoT devices for proximity identification purposes due to its low energy consumption. In inventory management and short-range tracking, RFID performance is outstanding. These technologies that provide unique benefits compete with GPS where accuracy, price, or power consumption is paramount.
  • Security and privacy concerns: The increasing use of GPS technology for tracking poses considerable security and privacy risks. It looks like the bypassing of location data can be used for stalking purposes, thefts, or even corporate spying. Hackers can misuse the vulnerabilities of GPS systems to affect their functioning or to obtain confidential data. These risks pose some level of regulatory concerns. Governments have put in place stringent laws on data protection or privacy of users. Consumer concern for data privacy hampers GPS-enabled solutions adoption even more, underlining the importance of strong encryption, encrypted protocols, and clear user data-sharing policies.

Nano GPS Chips Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

13.2%

Base Year Market Size (2024)

USD 9.6 billion

Forecast Year Market Size (2037)

USD 48.1 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Nano GPS Chips Segmentation

Type (Low Power, Sensitive)

Based on the type, the sensitive segment is projected to dominate nano GPS chips market share of over 79% by 2037, attributed to the increased sensitivity levels which can reach up to -165 dBm. This increase in sensitivity also results in rapid time-to-first-fix of less than one second allowing these chips to be suitable for use in needs that require precise and quick location identification. Businesses including wearable devices, asset tracking, precision farming, fleet management, and use in law enforcement have been investing in sensitive nano GPS chips to capitalize on these attributes. For instance, in December 2024, u-blox released the UBX-M10150-CC GNSS chips, designed for wearable applications. Measuring 2.39mm x 2.39mm x 0.55mm, it offers ultra-power and provides high positioning precision allowing for additional miniaturization and power efficiency for wearable electronics.

Application (Tablets, Personal Digital Assistants, Smartphones, Personal Computers)

By application, the smartphones segment in nano GPS chips market is expected to register rapid revenue growth during the assessment period due to the rising penetration of smartphones globally. Modern applications including navigation, ride-sharing, and augmented reality require accurate positioning data which requires the incorporation of advanced GPS technology. The expansion of the IoT landscape has also led to a surge in interconnected devices, many of which interface with smartphones. This integration increases the importance of location tracking, thereby supporting the requirement for nano GPS chips in smartphones. Such chips are capable of delivering accurate location information in real-time, thereby enriching functionalities across a range of applications from fitness tracking to smart home automation, thereby being tuned to the current technological setup.

Our in-depth analysis of the global nano GPS chips market includes the following segments

Type

  • Low Power
  • Sensitive

Application

  • Tablets
  • Personal Digital Assistants
  • Smartphones
  • Personal Computers

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Nano GPS Chips Industry - Regional Scope

Asia Pacific Market Analysis

The Asia Pacific nano GPS chips market is expected to account for a significant revenue share between 2025 and 2037, owing to the rising utilization of IoT equipment and improving transportation technology. The push for improved position accuracy is creating new horizons in augmented reality (AR), geofencing, and indoor positioning systems (IPS) future that is expected to redefine user engagement and organization experience. On a regional level, Asia Pacific is gradually shaping as a growth mainstay due to the growth in urbanization, increased disposable income per capita, and increased mobile phone use. Today’s global leaders in electronic manufacturing including China, Japan, and South Korea have consumer electronics and automotive industries that create the need for nano GPS chipsets in smartphones, wearable devices such as smartwatches, unmanned aerial vehicles, and automobiles. Smart city projects and the development of infrastructure also support the use of nano GPS chipset in the region.

The nano GPS chips market in China has been greatly supported and facilitated by the government’s policies and measures. The Made in China 2025 initiative launched in 2015, is a policy to make China less reliant on the imports of high-tech products including semiconductors and AI systems as well as GPS technology. It supports research, development, and manufacturing of high-technology products within the country. Therefore, the government has been investing more in areas including semiconductor which plays a critical role in the development of nano GPS chips. Through promoting innovation and development of semiconductor technologies, this measure has pushed the development of the domestic GPS chips industry and enabled China to compete globally. These policies have also encouraged foreign investment to create advanced GPS solutions, as well.

In addition, the strategic alliances and collaborations have paved the way for the development of China’s nano GPS chips market. For instance, Huawei’s launch of a smart tag in 2022 with nano GPS technology is a major instance of advancement in the market. The smart tag, like the company’s Apple AirTag, is intended to help find things like personal items. This launch signals a new frontier of mobile personal tracking devices for Huawei and shows the call for nano GPS chips in consumer electronics across China.

In India, the Digital India initiative was launched in 2015 by the government, which is a major factor responsible for the rapid growth of the nano GPS chips market. Through the development of this initiative, India will be successfully converted into a digitally empowered society and economy as it also deals with the adoption of services, developing digital infrastructure, and promoting innovation. In this regard, there has been a massive drive to improve technological standards in different areas including GPS technologies and semiconductors. The enabling policies of the government such as funding and promotion of the technologies have led to the development of such specialized technologies like the nano GPS chips. Huge awareness created by the government for enhancing connectivity, for rural as well as for urban has resulted in a situation in which most of the applications of navigation, tracking, and location-based services demand is being addressed.

With the increasing demand for autonomous vehicles around the globe, India has been proactively addressing the demand by proposing amendments to the Motor Vehicles Act for such vehicles. In 2021, the Ministry of Road Transport and Highways (MoRTH) released a draft notification to establish safety standards and operational guidelines for autonomous vehicles. Additionally, collaborations between government bodies, private sectors, and academia are being encouraged to foster innovation and develop a supportive regulatory framework for autonomous vehicle technology.

North America Market

North America in nano GPS chips market is likely to dominate over 53% revenue share by 2037, attributed to the integration of nano GPS chips into smart healthcare devices.  With the aging population in North America, there is a need to provide solutions in the health sector that afford higher safety and precision and this makes the nano GPS chips quite essential in health wearable gadgets including smart watches and health trackers. In addition, governments thus through policies such as the Health IT Policy in the U.S. have played a key role in ensuring that the use of integrated healthcare technologies is enhanced and encouraged by providing ground for other innovations such as location tracking in patient care.

One of the leading aspects of the growing need for nano GPS chips in the U.S. is the growing use of the Internet of Things (IoT). These chips are vital in applications like real-time location sensing in different IoT applications such as asset tracking, fleet management, and home automation systems. For instance, the use of IoT in transport industries for the tracking of vehicles through GPS solves the problem of tracking fleets. The U.S IoT Cybersecurity Improvement Act of 2020 has also driven the adoption of other secure accurate location tracking technology like nano GPS chips since it has set the cybersecurity standards for IoT devices.

The government of Canada has implemented policies that are expected to enhance the advancement of new technologies such as nano GPS chips. In 2021, the government came up with the Innovation, Science, and Economic Development Canada program to improve domestic manufacturing capabilities in high-tech sectors such as electronics. This led to an increased investment in semiconductor and GPS technologies, propelling the nano GPS chips market in the country. PacifiCan Business Scale Up and Productivity program approved USD 1,230,000 in funding to PosiTrace supplying fleet management and GPS tracking solutions in 2022. The GPS tracking solutions provided by this funding envelope will help the company in expanding its operations and demanding nano GPS chips in Canada’s transport industry, in the future.

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Companies Dominating the Nano GPS Chips Market

    The competitive landscape of the nano GPS chips market is rapidly evolving, attributed to the integration of advanced technologies in nano GPS chips by key players. They are focused on developing new nano GPS chips technologies and products catering to stringent regulatory norms and consumer demand. These key players are adopting several strategies such as mergers and acquisitions, joint ventures, partnerships, and novel product launches to enhance their product base and strengthen their market position. Here are some key players operating in the global nano GPS chips market:

    • OriginGPS Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Shenzhen Esino Technology Ltd.
    • Shenzhen Zhonghe Electronics Co. Ltd.
    • Dragon Bridge (SZ) Tech Co. Ltd.
    • VLSI Solution
    • Analog Devices Inc.
    • OlinkStar Co. Ltd.
    • Unicore Communications Inc.
    • ATMEL Corporation

In the News

  • In September 2024, Qualcomm Technologies joined hands with the Indian Space Research Organization to deliver superior location-based services and enhanced geolocation capabilities for various technologies.
  • In May 2023, OriginGPS advanced its nano GPS chip offerings, by introducing a next-generation GPS chip with enhanced sensitivity and lower power consumption.

Author Credits:  Abhishek Verma


  • Report ID: 7043
  • Published Date: Jan 27, 2025
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The nano GPS chips market size was USD 9.6 billion in 2024.

The global nano GPS chips market size was estimated at USD 9.6 billion in 2024 and is expected to reach USD 48.1 billion by the end of 2037, expanding at a CAGR of 13.2% during the forecast period, i.e. 2025-2037.

OriginGPS Ltd., Shenzhen Esino Technology Ltd., Shenzhen Zhonghe Electronics Co. Ltd., and Dragon Bridge (SZ) Tech Co. Ltd. are some key players operating in the global Nano GPS Chip market.

The sensitive segment is expected to account for the largest revenue share of 79% during the forecast period, owing to partnerships and collaborations between key players.

North America is expected to open lucrative avenues in the forthcoming years.
Nano GPS Chips Market Report Scope
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