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As the world moves toward automation and digitization, established and emerging industries will rely on geolocation. Accurate positioning, timing, and synchronization capabilities, for example, would reduce the cost of setting up new 5G network infrastructure and enable different location-based services and applications.

High-accuracy downstream global navigation satellite system (GNSS) services will continue to influence everything from precision agriculture and the Internet of Things to urban mobility and smart ships. In fact, Frost & Sullivan determined that these areas and the survey and mapping industry are the largest consumers of GNSS services.

Downtime is a common problem and an occasional occurrence, with outages ranging from 8 to 60 seconds. Numerous start-ups that are developing resilient services with higher accuracy and less downtime are gaining traction and capable of competing with big companies, causing the market to become fragmented.