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Mid and High-Level Precision GPS Receiver Market worth $5.2 billion by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, Feb. 16, 2024 /PRNewswire/ — The global mid and high-level precision GPS receiver market is expected to be valued at USD 3.4 billion in 2024 and is projected to reach USD 5.2 billion by 2029; it is expected to grow at a CAGR of 8.8% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth of the mid and high-level precision GPS receiver market is propelled by rising urban developments in emerging economies, growing awareness towards precision agriculture, and automation in various industries. However, security concerns in critical applications and slow acceptance of new technologies restrain the market’s growth.

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Browse in-depth TOC on “Mid and High-Level Precision GPS Receiver Market” 

193 – Tables
58 – Figures
224 – Pages

Mid and High-Level Precision GPS Receiver Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 3.4 billion

Estimated Value by 2029

$ 5.2 billion

Growth Rate

Poised to grow at a CAGR of 8.8%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Type, Functional Deployment, Frequency Type, End-user Industry and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Interference and signal degradation in urban areas

Key Market Opportunities

Expanding adoption of GPS receivers in autonomous driving

Key Market Drivers

Rising demand for geographic information systems

The surveying and mapping segment is expected to dominate in the forecasted period.

The surveying and mapping segment is expected to continue its growth in the coming years. The global emphasis on infrastructure development, including urban planning, transportation, and environmental monitoring, drives the demand for accurate surveying and mapping tools. GPS receivers play a crucial role in collecting precise geospatial data, aiding in the planning and execution of large-scale infrastructure projects.

The construction segment is anticipated to dominate during the forecast period.

The construction segment is expected to dominate in the forecast period, driven by various factors. These include the rising adoption of autonomous technology, heightened urbanization, and substantial investments in infrastructure development by numerous countries. With rapid urbanization and increasing infrastructure projects worldwide, the demand for precise geospatial data in construction activities has surged. High-precision GPS receivers are essential tools for tasks like site planning, grading, and surveying, contributing to the industry’s dominance in the market.

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North America to dominate the mid and high-level precision GPS receiver industry during the forecast period.

North America hosts several prominent companies, including Trimble, Inc., Hemisphere GNSS, Inc., Javad GNSS Inc., and Geneq, Inc. The region is marked by diverse industries, including oil and gas and construction, where mid and high-precision GPS receivers find applications. Furthermore, the market in the region is experiencing growth propelled by an increasing demand for GPS receivers in precision farming applications, such as auto-steering, yield monitoring, and field mapping. Additionally, adopting autonomous systems across industries like construction, mining, and agriculture is another significant factor contributing to market expansion in North America.

Key players

The mid and high-level precision GPS receiver companies includes significant Tier I and II players like Trimble Inc. (US), Topcon (Japan), Hexagon AB (Sweden), Hemisphere GNSS Inc. (US), Javad GNSS (US), Geneq (Canada), South Surveying & Mapping Technology Co. Ltd. (China), Septentrio (Belgium), CNH Industrial N.V. (UK), Comnav Technology Ltd. (China) are some of the key players in the mid and high-level precision GPS receiver market.

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of Medical Express Ambulance, Inc. Customers Whose Data May Have Been Compromised

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NEWTOWN, Pa., April 28, 2025 /PRNewswire/ — Edelson Lechtzin LLP, a national class action law firm, is investigating claims regarding data privacy violations at Medical Express Ambulance, Inc. (“MedEx”). MedEx learned of suspicious activity on its network in March 2024.

About Medical Express Ambulance, Inc.

MedEx is a Chicago-area provider of medical transportation services, including emergency response, life support, and air ambulance transport.

What happened?

On or about March 18, 2024, MedEx learned that certain personal information of patients they have transported may have been stolen in a data breach. MedEx launched an investigation with the assistance of a third-party cybersecurity firm to determine the extent of the data breach. The list of individuals impacted by the data breach was finalized on March 19, 2025, and the company notified the Maine Attorney General on April 24, 2025.

What type of information was stolen?

The personal information in the compromised files may have included:

NamesDates of BirthDemographic InformationSocial Security NumbersDriver’s License NumberMedical InformationFinancial InformationHealth Insurance Information

How can I protect my personal data?

If you receive a data breach notification concerning MedEx, you must guard against possible misuse of your personal information, including identity theft and fraud, by regularly reviewing your account statements and monitoring your credit reports for suspicious or unauthorized activity.

Edelson Lechtzin LLP is investigating a class action lawsuit to seek legal remedies for individuals whose sensitive personal data may have been compromised by the MedEx data breach.

For more information, please contact:

Marc H. Edelson, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492 ext. 2
Email: medelson@edelson-law.com
Web: www.edelson-law.com 

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving data breaches, our lawyers focus on class and collective litigation in cases alleging securities and investment fraud, violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft and unpaid overtime, consumer fraud, and catastrophic injuries.

This press release may be considered Attorney Advertising in some jurisdictions.

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SOURCE Edelson Lechtzin LLP

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AWARD-WINNING DOODLELEARNING MATHS AND ENGLISH PROGRAMMES NOW AVAILABLE TO PARENTS, TEACHERS, AND STUDENTS ACROSS AUSTRALIA

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BATH, England, April 29, 2025 /PRNewswire/ — Discovery Education—the creator of essential learning solutions used in classrooms around the world—announced today that its award-winning DoodleLearning maths and English programmes are now available to parents, teachers, and students across Australia.

Discovery Education’s innovative DoodleLearning apps have been shown to significantly enhance academic progression, particularly when used little and often, by offering a personalised learning program for each child. DoodleLearning offers four innovative products supporting teaching in maths and English Language – DoodleMaths, DoodleEnglish, DoodleTables and DoodleSpell. Created by teachers for teachers – and suitable for students aged from 2 to 14 years – the apps have been used by over one million children in the U.K. and around the world.

DoodleMaths uses new adaptive technology to boost children’s confidence and ability in Maths, equipping them with the numeracy skills they need for successDoodleEnglish is an award-winning grammar, punctuation, spelling and comprehension app that boosts confidence and strengthens literacy skills. Filled with thousands of interactive exercises, it explores language in a fun, approachable wayDoodleSpell is uniquely designed to boost confidence and ability in spelling. Helping children to understand the meaning behind words and how to use them in sentences, it provides a solid foundation to build on in schoolDoodleTables is an interactive times table app, delivering personalised, curriculum-aligned Tables practice which helps students to master multiplications

Part of the Discovery Education family of services, the Doodle apps are designed to be used ‘little and often’, both at home and in the classroom. Utilising the latest advances in educational technology, the apps transform learning into a fun, rewarding adventure that builds pupil confidence. Doodle can be used offline on all devices, making it ideal for busy schedules.

Michael Savitz, Discovery Education’s General Manager, International said:

“Discovery Education is excited to bring our four DoodleLearning apps to educators, parents and students across Australia. We’ve seen tremendous benefits wherever Doodle is used – whether in the classroom or at home – and look forward to supporting the continued academic progress of students in Australia by delivering learning experiences that can be enjoyed by all.”

Explore DoodleLearning’s revolutionary suite of maths and English apps at www.doodlelearning.com.

For more information about Discovery Education’s award-winning digital resources and professional learning solutions, visit www.discoveryeducation.co.uk and stay connected with Discovery Education on social media through X, Facebook, Instagram and LinkedIn.
 
About Discovery Education
 Discovery Education is the worldwide edtech leader whose state-of-the-art digital solutions support learning wherever it takes place. Through award-winning multimedia content, instructional supports, innovative classroom tools, and strategic alliances, Discovery Education helps educators deliver powerful learning experiences that engage all students and support higher academic achievement on a global scale. Discovery Education serves approximately 4.5 million educators and 45 million students worldwide, and its resources are accessed in over 100 countries and territories. Through partnerships with schools, and trusted organisations, Discovery Education empowers teachers with essential edtech solutions that inspire curiosity, build confidence, and accelerate learning. Explore the future of education at www.discoveryeducation.co.uk .

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Shaping Payments of Tomorrow: From AI to Real-Time Payments

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KUALA LUMPUR, Malaysia, April 29, 2025 /PRNewswire/ — The payments landscape is undergoing a significant transformation, driven by rapid advancements in technology and evolving consumer preferences. Here are four key trends that we believe will shape the future of payments.

Trend 1: Leveraging AI against fraud

AI will play a crucial role in personalising payment experiences and enhancing fraud detection capabilities. Deep learning algorithms will become more sophisticated in analysing transaction patterns and identifying potential risks in real-time.

Visa has been at the centre of AI in payments and invested $3.3 billion in our AI and data infrastructure over the last decade. This year, we introduced three new AI-powered risk and fraud prevention solutions, as part of the Visa Protect suite, that are designed to reduce fraud across immediate Account to Account (A2A) and card-not-present (CNP) payments, for transactions on and off Visa’s network. There is immense potential in the next generation of AI to help transform the payments experience, making it more secure and intuitive.

Trend 2: Digital identity simplifies authentication  

For years, passwords, security questions, even card numbers have served as stand-ins for individuals, and fraudsters have taken advantage of this fact. In the future, authentication will rely on highly secure credentials, namely one’s face, fingerprints, or other biometrics.

Visa has introduced solutions such as Click to Pay and Visa Payment Passkey to reduce reliance on traditional PINs and passwords and elevate the payment checkout experience. Visa Click to Pay eliminates clunky checkout processes and reduces the number of steps consumers require to pay for their online purchases.

Visa Payment Passkey requires consumers to do a one-time set-up to bind their devices and authenticate them at participating merchants, removing friction from the online checkout process.

Moving forward, centering biometric markers in payments authentication, in line with the best data privacy, cybersecurity, and AI governance practices will help make the checkout process more convenient and secure, benefiting both consumers and businesses.

Trend 3: Cross-border payments travel fast 

Cross-border money movement has historically been B2B-focused and primarily handled by traditional banks. Cross border payments transcend beyond B2B payments and include peer-to-peer payments or business to consumer payments.

Remittances is a significant part of cross-border payments. Visa’s data also shows new use cases for cross-border payments including payout to creators and digital wallet top-ups. As globalisation and global trade evolve, there is a huge demand for faster and more efficient cross border payment solutions to support the needs of consumers and businesses.

Visa Direct can power real-time and interoperable cross border transactions securely and efficiently, supporting more than 7 billion endpoints, including cards, accounts and digital wallets. Our key focus is building new partnerships and expanding our endpoints.

Trend 4: Real-time payments gain momentum

Real-time payments are growing rapidly across the world and are projected to reach $58 trillion by 2028 globally. The important task for regulators, policymakers and the broader payments ecosystem is to balance innovation with safeguards, protect against the risks associated with the instant and irreversible nature of RTP payments. Keeping consumers’ interests at heart, Visa has rolled out solutions such as Visa Protect for A2A Payments to help mitigate fraud on RTP networks and identify potential instances of fraud.

Interoperability is also key to facilitating trade and global growth, and we see governments working closely with the private sector to address some of the key pain points and gaps.

As we look to the future, these new trends will no doubt impact the way consumers and businesses pay and be paid, making it more seamless and secure for everyone, everywhere.

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SOURCE Visa Malaysia

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