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Handheld GPS Device Market Insights

Handheld GPS Device Market size was valued at USD 100 Billion in 2023 and is expected to reach USD 627.49 Billion by the end of 2030 with a CAGR of 30% during the Forecast Period 2024-2030.

The global industrial segment devoted to the development, production, and distribution of portable Global Positioning System (GPS) devices is included in the handheld GPS device market. Because these small, portable devices have GPS receivers built in, users may locate themselves precisely anyplace on Earth. Numerous uses for them exist, such as professional mapping, outdoor enjoyment, surveying, navigation, and geolocation-based services. Outdoor lovers, intrepid travellers, hikers, and explorers will find handheld GPS devices to be the perfect companion due to their small size, sturdy build, and intuitive interfaces. These gadgets provide real-time location information, navigation support, and route planning capabilities by precisely triangulating the user's position using signals from a constellation of satellites. Additionally, a lot of handheld GPS systems come with other functions that make them more useful for outdoor activities, like elevation profiles, waypoint marking, digital maps, and track logging. Handheld GPS systems are frequently used in professional domains like surveying, geology, forestry, agriculture, and emergency response, in addition to their recreational use. Handheld GPS devices are essential for accurate mapping, land surveying, and asset management duties for surveyors and field engineers. GPS technology is used by forestry and agricultural experts for resource monitoring, land management, and precision farming. Handheld GPS devices are essential for emergency responders and search-and-rescue teams to locate people in distant or dangerous areas and enable effective rescue operations.

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Handheld GPS Device Market Trends

Demand for handheld GPS devices is rising due to an increase in outdoor leisure activities and the necessity for accurate navigational aids. Consumer preferences are changing as a result of technological developments including increased connectivity, longer battery life, and higher accuracy. In addition, new opportunities for innovation in this quickly developing business sector are being created by the combination of augmented reality and geographical data.

Convergence with Advanced Features and Connectivity

Modern handheld GPS units go beyond simple navigation. The user experience and functionality are being improved by the integration of elements like weather overlays, touchscreens, and high-resolution topographical maps.These gadgets are useful tools for both outdoor enthusiasts and professionals because of their advanced connectivity features, which include Bluetooth and Wi-Fi. These features enable data sharing, real-time tracking, and two-way communication.Moreover, the possible incorporation of Augmented Reality (AR) presents opportunities for a more engaging and dynamic navigational experience.

Niche Market Specialization and Diversification

There is a change in the portable GPS device market towards specialisation in specialised markets.With customised features, manufacturers are appealing to particular customer segments.For example, golf GPS devices provide accurate course layouts and hazard tracking, whereas ruggedized and waterproof devices are made for hikers and mountaineers.This specialisation encourages brand loyalty while meeting the changing needs of various customer segments.The introduction of wearable GPS devices, such as smartwatches, which provide a more portable and practical navigation option, is further diversifying the market.

The Challenge and Opportunity of Smartphone Integration

There is a change in the portable GPS device market towards specialisation in specialised markets.With customised features, manufacturers are appealing to particular customer segments.For example, golf GPS devices provide accurate course layouts and hazard tracking, whereas ruggedized and waterproof devices are made for hikers and mountaineers.This specialisation encourages brand loyalty while meeting the changing needs of various customer segments.The introduction of wearable GPS devices, such as smartwatches, which provide a more portable and practical navigation option, is further diversifying the market.

Handheld GPS Device Market Scope Of the Report

This report offers past, present as well as future analysis and estimates for the Handheld GPS Device Market. The market estimates that are provided in the report are calculated through an exhaustive research methodology. The research methodology that is adopted involves multiple channels of research, such as – primary research, secondary research, and subject-related expert advice. The market estimates are calculated based on the influence of the current market dynamics along with various economic, social, and political factors on the Handheld GPS Device Market. Also, various regulations, government spending, and research and development growth define the market data. Both positive, as well as negative changes to the market, are taken into consideration for the market estimates.

Handheld GPS Device Market Competitive Landscape

The market report lists the major players involved in the Handheld GPS Device Market under the competitive landscape and company profile chapters. The major players in the market are evaluated based on their product and/or service offerings, financial statements, key developments, strategic approach to the market, position in the market, geographical penetration, and other key features. The chapter also highlights the strengths, weaknesses, opportunities, and threats (SWOT analysis), winning imperatives, current focus and strategies, and threats from competition for the top three to five players in the market. Furthermore, the list of companies included in the market study can also be customized as per the client’s requirements. The competitive landscape section of the report covers details in terms of the top five company’s ranking, key developments such as recent developments, partnerships, mergers and acquisitions, new product launches, etc., the company’s regional footprint, and company industry footprint as per the market and Ace matrix.

Company Regional Footprint

This section provides geographical or regional level reach or their sales network presence for each of company’s considered for profiling.

Company Industry Footprint

This section provides the cross-analysis of industry verticals and market players that gives a clear picture of the company landscape with respect to the industries they are serving their products and services.

Ace Matrix

This section provides company benchmarking into Active, Cutting Edge, Innovator, and Emerging based on their product and business strategy. In Which, product strategy includes parameters such as Breadth & Depth of Product, Focus on Product Innovation, Product features & functions, Scalability whereas business strategy includes parameters such as geographical reach, Industry Coverage, Inorganic Growth, and Roadmap.

Top Handheld GPS Device Market Companies

The Handheld GPS Device Market Report delivers an in-depth analysis of leading and emerging players in the market. The Report provides comprehensive lists of key companies which have been enlisted on the basis of type of products they are offering & other factors in Market. Among company profiling market analysis, the analysts who worked on the report gave the year of market entry for each mentioned player can be considered for the research analysis.

The “Global Handheld GPS Device Market” study report will provide a valuable insight with an emphasis on the global market including some of the Top Handheld GPS Device Market Companies are Apple, Garmin, Samsung, SONY, Adidas, Nike, Golife, Fitbit, TomTom, Polar, Motorola, SUUNTO, Bryton, Magellan, Bushnell, DeLorme, Global Sat, Gerk, Tomoon, InWatch. 

Handheld GPS Device Market Segmentation

By Type

  • General Handheld GPS
  • Wireless Intercom Handheld GPS
  • Digital Map Handheld GPS

By Application

  • Golfing
  • Running
  • Cycling
  • Hiking

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Handheld GPS Device Market Report Coverage

Research Methodology

The qualitative and quantitative data of the Handheld GPS Device Market is prepared through various research considerations such as subject matter expert advice, primary and secondary research. Primary research leverages valuable information from face-to-face and/or telephonic interviews and surveys, questionnaires, industry expert opinion, KOLs, customers, and others. Primary interviews are conducted regularly with industry experts to create in-depth expert information on the market and to substantiate the existing analysis of the data. Secondary research done by Verified Market Reports research team through various sources such as
  • Company websites, annual reports, financial reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent, and regulatory databases
  • National government documents, statistical databases, and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market
  • Paid database
Verified Market Reports contacted various key opinion leaders from the same industry, who are top and mid-level executives from top companies as well as executives (marketing heads, regional heads) from End users to collect information/data such as the dominance of particular brand in each country as well as overall region, pricing of services and products. The data for total sales was determined through primary research in each of the countries by interviewing key opinion leaders which included insights from
  • C-Level Executives
  • Marketing Manager, Brand Manager, Product Manager
  • Sales Manager, Sales Officer, Regional Sales Manager, Country Manager
  • Procurement Manager
  • Production Manager
  • Technical Personnel
  • Distributors
The subject matter experts act as a key link to validate and substantiate the key research findings and understandings as the experts have acquired extensive experience in the market over the years. Secondary research data for the Handheld GPS Device Market are collected from the internet, printed documents (company annual reports and research papers) related to the industry, industrial magazines, association findings, government websites, and others. These multiple information sources provide a key outline of the market.
  1. Introduction of Handheld GPS Device Market
    1. Market Definition
    2. Market Segmentation
    3. Research Timelines
    4. Assumptions
    5. Limitations
  2. *This section outlines the product definition, assumptions and limitations considered while forecasting the market.
  3. Research Methodology
    1. Data Mining
    2. Secondary Research
    3. Primary Research
    4. Subject Matter Expert Advice
    5. Quality Check
    6. Final Review
    7. Data Triangulation
    8. Bottom-Up Approach
    9. Top-Down Approach
    10. Research Flow
  4. *This section highlights the detailed research methodology adopted while estimating the overall market helping clients understand the overall approach for market sizing.
  5. Executive Summary
    1. Market Overview
    2. Ecology Mapping
    3. Primary Research
    4. Absolute Market Opportunity
    5. Market Attractiveness
    6. Handheld GPS Device Market Geographical Analysis (CAGR %)
    7. Handheld GPS Device Market by Type USD Million
    8. Handheld GPS Device Market by Application USD Million
    9. Future Market Opportunities
    10. Product Lifeline
    11. Key Insights from Industry Experts
    12. Data Sources
  6. *This section covers comprehensive summary of the global market giving some quick pointers for corporate presentations.
  7. Handheld GPS Device Market Outlook
    1. Handheld GPS Device Market Evolution
    2. Market Drivers
      1. Driver 1
      2. Driver 2
    3. Market Restraints
      1. Restraint 1
      2. Restraint 2
    4. Market Opportunities
      1. Opportunity 1
      2. Opportunity 2
    5. Market Trends
      1. Trend 1
      2. Trend 2
    6. Porter's Five Forces Analysis
    7. Value Chain Analysis
    8. Pricing Analysis
    9. Macroeconomic Analysis
    10. Regulatory Framework
  8. *This section highlights the growth factors market opportunities, white spaces, market dynamics Value Chain Analysis, Porter's Five Forces Analysis, Pricing Analysis and Macroeconomic Analysis
  9. by Type
    1. Overview
    2. General Handheld GPS
    3. Wireless Intercom Handheld GPS
    4. Digital Map Handheld GPS
  10. by Application
    1. Overview
    2. Golfing
    3. Running
    4. Cycling
    5. Hiking
    6. Other
  11. Handheld GPS Device Market by Geography
    1. Overview
    2. North America Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. U.S.
      2. Canada
      3. Mexico
    3. Europe Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Germany
      2. United Kingdom
      3. France
      4. Italy
      5. Spain
      6. Rest of Europe
    4. Asia Pacific Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. China
      2. India
      3. Japan
      4. Rest of Asia Pacific
    5. Latin America Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Brazil
      2. Argentina
      3. Rest of Latin America
    6. Middle East and Africa Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Rest of MEA
  12. This section covers global market analysis by key regions considered further broken down into its key contributing countries.
  13. Competitive Landscape
    1. Overview
    2. Company Market Ranking
    3. Key Developments
    4. Company Regional Footprint
    5. Company Industry Footprint
    6. ACE Matrix
  14. This section covers market analysis of competitors based on revenue tiers, single point view of portfolio across industry segments and their relative market position.
  15. Company Profiles
    1. Introduction
    2. Apple
      1. Company Overview
      2. Company Key Facts
      3. Business Breakdown
      4. Product Benchmarking
      5. Key Development
      6. Winning Imperatives*
      7. Current Focus & Strategies*
      8. Threat from Competitors*
      9. SWOT Analysis*
    3. Garmin
    4. Samsung
    5. SONY
    6. Adidas
    7. Nike
    8. Golife
    9. Fitbit
    10. TomTom
    11. Polar
    12. Motorola
    13. SUUNTO
    14. Bryton
    15. Magellan
    16. Bushnell
    17. DeLorme
    18. Global Sat
    19. Gerk
    20. Tomoon
    21. InWatch

  16. *This data will be provided for Top 3 market players*
    This section highlights the key competitors in the market, with a focus on presenting an in-depth analysis into their product offerings, profitability, footprint and a detailed strategy overview for top market participants.


  17. Verified Market Intelligence
    1. About Verified Market Intelligence
    2. Dynamic Data Visualization
      1. Country Vs Segment Analysis
      2. Market Overview by Geography
      3. Regional Level Overview


  18. Report FAQs
    1. How do I trust your report quality/data accuracy?
    2. My research requirement is very specific, can I customize this report?
    3. I have a pre-defined budget. Can I buy chapters/sections of this report?
    4. How do you arrive at these market numbers?
    5. Who are your clients?
    6. How will I receive this report?


  19. Report Disclaimer

Companies featured in this report

  • Apple
  • Garmin
  • Samsung
  • SONY
  • Adidas
  • Nike
  • Golife
  • Fitbit
  • TomTom
  • Polar
  • Motorola
  • SUUNTO
  • Bryton
  • Magellan
  • Bushnell
  • DeLorme
  • Global Sat
  • Gerk
  • Tomoon
  • InWatch

Frequently Asked Questions

How big is the Handheld GPS Device Market?
Handheld GPS Device Market was valued at USD 100 Billion in 2023 and is expected to reach USD 627.49 Billion by the end of 2030 with a CAGR of 30% during the Forecast Period 2024-2030.
Who are the major players in the Handheld GPS Device Market?
The leading Players in the market are Apple, Garmin, Samsung, SONY, Adidas, Nike, Golife, Fitbit, TomTom, Polar, Motorola, SUUNTO, Bryton, Magellan, Bushnell, DeLorme, Global Sat, Gerk, Tomoon, InWatch.
Which segments are covered in the report of Handheld GPS Device Market?
The Handheld GPS Device Market is Segmented On The Basis Of Type, Application, And Geography.
Which regions are covered in the report that having a potential scope for the Handheld GPS Device Market?
On the basis of Geography, The Handheld GPS Device Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.
How can I get a sample report of statistical data for the Handheld GPS Device Market?
Verified Market Reports provides a sample report for the Handheld GPS Device Market as per requirements. In addition to that, 24*7 chat support & direct call services are available for further assistance.
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