Precision Gold Rush: GNSS Augmentation & Positioning Services Set to Double by 2030
In 2024 the global GNSS correction and augmentation services market is estimated around $3.5 billion and is on track to double by 2030 to over $6 billion. RTK-based services accounted for $796.8 million in 2022, about 25% of the market. PPP was the largest segment in 2022, valued at $1,833.1 million (roughly 59% share). Galileo HAS began initial service in 2023, providing decimeter-level corrections globally at no cost. The SBAS market was about $1.54 billion in 2023 and is forecast to reach about $2.13 billion by 2030, a CAGR of 4.7%. The overall market is forecast to reach about $6.12