Positioning system market projected to reach $560 billion by 2035

SDKI Analytics has released a market research report forecasting the growth of the global positioning system market. The market is projected to reach approximately $560 billion by 2035, growing from an estimated $121.6 billion in 2025 at a compound annual growth rate (CAGR) of 16.5% between 2026 and 2035.

Key drivers for this expansion include the rising number of internet users and the increasing adoption of industrial robots in automated facilities. The report notes that the GNSS/GPS segment is expected to lead the market with a revenue share exceeding 42% during the forecast period, supported by the expansion of 5G connectivity.

However, the report identifies potential threats from alternative positioning technologies, such as cellular networks, Wi-Fi, inertial positioning, and visual positioning, which may reduce reliance on GPS in certain environments.