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

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.