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Increasing Demand for Location-Based Services Drives Global PNT Solution Market to 2033

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Dublin, Aug. 11, 2023 (GLOBE NEWSWIRE) — The “Satellite Position, Navigation, and Timing (PNT) Technology Market – A Global and Regional Analysis: Focus on Application, End User, Component, and Country – Analysis and Forecast” report has been added to ResearchAndMarkets.com’s offering.

The global position, navigation, and timing (PNT) solution market is expected to reach $5.24 billion in 2033 from $1.87 billion in 2023 at a CAGR of 10.85%.

The global positioning, navigation, and timing (PNT) solution market refers to the industry providing satellite-based positioning, navigation, and timing services to various sectors such as aviation, maritime, land transportation, and defense. These services are used for navigation, surveying, mapping, timing, and synchronization applications. The market is driven by the rising adoption of GPS-enabled devices and the growing demand for location-based services.

Additionally, the emergence of new applications, such as autonomous vehicles and smart cities, is expected to fuel the demand for PNT solutions further. The PNT solution market is characterized by intense competition, with several key players operating in the industry. Notable companies include Garmin Ltd., Trimble Inc., BAE Systems, Inc., NovAtel Inc., Qualcomm Technologies, Inc., and others.

These companies heavily invest in research and development to introduce innovative products. The market also features smaller and medium-sized companies offering specialized products and services. With the increasing demand for PNT solutions, the market is anticipated to experience significant growth in the coming years as more industries recognize the benefits of utilizing these services.

The market can be segmented based on application, end users, component, GNSS correction services by type and GNSS correction services by end users, and it is expected to witness continued growth as key players and defense forces invest in advanced technologies to enhance performance and effectiveness, leading to new opportunities for growth and innovation in the sector.

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Market Introduction

The global position, navigation, and timing (PNT) solution market has witnessed significant growth and advancements in recent years. The widespread use of smartphones, wearable devices, and vehicle navigation systems has fueled the need for accurate positioning and navigation capabilities. PNT solutions can be integrated with other technologies to offer comprehensive solutions.

For instance, the integration of PNT with artificial intelligence (AI) and machine learning (ML) enables intelligent navigation and real-time decision-making. Similarly, the fusion of PNT with sensor technologies such as LiDAR and radar enhances mapping and surveying capabilities.

Furthermore, in the field of PNT solutions, the key players are continuously working on the development of advanced algorithms, use of multi-constellation satellite systems, integration of additional sensors, and leveraging technologies such as differential GPS (DGPS) and real-time kinematic (RTK) positioning to enhance the accuracy and precision of PNT solutions.

Recent Developments in the Global Position, Navigation, and Timing (PNT) Solution Market

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  • In April 2023, Orolia, a subsidiary of Safran, partnered with Xona Space Systems to integrate Xona’s LEO constellation and navigation signals into its Skydel-powered simulation and testing solutions. Xona Space Systems is developing PULSAR, a PNT service that utilizes a commercial constellation of LEO satellites for high-performance positioning, navigation, and timing.
  • In April 2023, Qualcomm Technologies, Inc. partnered with Xiaomi to verify meter-level positioning in the Xiaomi 12T Pro smartphone powered by Snapdragon 8+ Gen 1 in Germany. This technology enhances the accuracy of location-based applications such as ridesharing, fitness, and in-vehicle navigation. It is enabled through Qualcomm Technologies, Inc.’s Meter-Level Positioning for Mobile and Trimble RTX correction services.
  • In March 2023, NextNav Inc. partnered with Prepared, an emergency multimedia services provider, to provide its precise location solution. NextNav Inc.’s Pinnacle would power Prepared’s z-axis location ecosystem and provide callers and responders with the most accurate data and visualization tools.

Demand – Drivers and Limitations

Market Demand Drivers: Growth of the Autonomous Vehicles Market

The growth of the autonomous vehicles market has driven the demand for PNT solutions. PNT technologies enable autonomous vehicles to navigate accurately, plan optimal routes, avoid collisions, and operate safely. Key market players are actively working on improving the accuracy, robustness, and resilience of PNT technologies to meet the specific requirements of autonomous vehicles.

Market Challenges: GPS Jamming and Spoofing Attacks

Spoofing and jamming are two methods employed by adversaries to interfere with position, navigation, and time solutions obtained from GPS/GNSS. Spoofing involves manipulating a GPS receiver to generate inaccurate position calculations, while jamming occurs when local RF signals overpower GPS signals, rendering the GPS receiver unable to function properly.

Market Opportunities: Emergence of Terrestrial-Based PNT Solutions

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Terrestrial-based PNT systems are crucial in enhancing the positioning and navigation solutions of various vehicles, including unmanned aerial, ground, and maritime vehicles. They also contribute to the security of critical infrastructure, working in conjunction with GNSS technologies. In addition, the advent of sensor-based technologies has led to the development of various methods for terrestrial-based location determination and navigation. These methods rely on a range of sensor systems, including radio-frequency identification (RFID), wireless sensor networks, cellular networks, wireless local area networks (LANs), and numerous other sensor-based technologies.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on thorough secondary research, which includes analyzing company coverage, product portfolio, market penetration, and insights, which are gathered from primary experts.

The top established position, navigation, and timing (PNT) solution providers hold around 79% of the presence in the market. The start-ups in the market hold around 21% of the global position, navigation, and timing (PNT) solution market.

Key Companies Profiled:

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  • NextNav Inc.
  • BAE Systems, Inc.
  • Qualcomm Technologies, Inc.
  • NovAtel (Hexagon AB)
  • Raytheon Technologies Corporation
  • Safran
  • Booz Allen Hamilton Inc.
  • Garmin Ltd.
  • Northrop Grumman Corporation
  • Saab Ab
  • Telespazio S.p.A.
  • Thales Group
  • Amazon Web Services, Inc.
  • L3Harris Technologies, Inc.

Key Attributes:

Report Attribute Details
No. of Pages 217
Forecast Period 2023 – 2033
Estimated Market Value (USD) in 2023 $1.87 Billion
Forecasted Market Value (USD) by 2033 $5.24 Billion
Compound Annual Growth Rate 10.9%
Regions Covered Global

Key Topics Covered:

1 Market
1.1 Industry Outlook
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Growth of the Autonomous Vehicles Market
1.2.1.2 Deployment of New Low Earth Orbit (LEO) Navigation Satellites
1.2.2 Business Challenges
1.2.2.1 GPS Jamming and Spoofing Attacks
1.2.3 Business Strategies
1.2.3.1 New Product Launch
1.2.4 Corporate Strategies
1.2.4.1 Partnerships, Collaborations, Agreements, Contracts, and Others
1.2.4.2 Mergers and Acquisitions
1.2.5 Business Opportunities
1.2.5.1 Emergence of Terrestrial-Based PNT Solutions

2 Application

3 Product

4 Services

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5 Region

6 Market – Competitive Benchmarking & Company Profiles

7 Growth Opportunities and Recommendations

8 Research Methodology

For more information about this report visit https://www.researchandmarkets.com/r/ulumao

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About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Huawei Cloud: One Step to Intelligence, One Leap to Excellence

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SHANGHAI, Sept. 20, 2024 /PRNewswire/ — During HUAWEI CONNECT 2024, Huawei Cloud hosted a Summit themed “One Step to Intelligence, One Leap to Excellence”, gathering global industry leaders to explore the intelligent transformation trend, share pioneering cases, and assist customers in their journey to cloud-based operational excellence. At the summit, Huawei Cloud and global customers, unveiled the Data Center-to-Cloud solution and the PRIME Framework white paper.

Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, said: “Customers’ support enables us to innovate with finance, retail, autonomous driving, the Internet and many other sectors. By combining cutting-edge technologies with industry know-how, Huawei Cloud paves your way to digital and intelligence.”
Kevin Gao, President of Huawei Cloud Public Cloud Business, presented a keynote speech “One Step to Intelligence, One Leap to Excellence”. He outlined three critical factors for accelerating cloud migration and AI use: global infrastructure, continuous technological innovation, and lean operations.
In terms of global infrastructure, Huawei Cloud’s global infrastructure, KooVerse, offers extensive coverage, exceptional experience, and excellent quality. With 33 Regions and 93 Availability Zones (AZs) worldwide, Huawei Cloud supports over 10,000 customers in achieving business globalization. Huawei Cloud has interconnected with over 2,400 peers of global carriers, ensuring one hop to cloud and global business deployment for customers. Huawei Cloud data centers achieve Tier IV reliability.
Technological innovation is at the heart of Huawei Cloud’s mission to accelerate enterprise transformation. At this summit, three key areas were highlighted: compute upgrade, data-AI convergence, and application innovation.
The Data Center-to-Cloud solution released by Gao offers data center facilities, intelligent O&M, and DCN as a service, allowing customers to easily relocate and run dedicated compute resources on Huawei Cloud.
Huawei Cloud’s Ascend AI Cloud Service enables training jobs to run non-stop up to 40 days, shortens the fault recovery time to 10 minutes, and increases the linear scalability to 90% (the industry average are 2.8 days, 60 minutes, and 80%, respectively).
Huawei Cloud’s deterministic operations system has been adopted by over 300 global customers, maintaining a strong security record with zero intrusions and zero data breaches. 
DeFacto from Türkiye leverages Huawei Cloud’s cloud native solution with Cloud Container Engine (CCE) and streamlines their services.
Huawei Cloud helps Chery to deploy, use, and manage the cloud. Currently, Huawei Cloud nodes in more than 10 countries and regions are providing services for Chery.
NavInfo has adopted Huawei Cloud’s R&D expertise and CodeArts software development pipeline to establish efficient development management standards and efficiency measurement systems.
Kingsoft and Huawei Cloud have collaboratively developed an excellence framework to optimize cost management.
Tencent Music’s Tianqin Lab has developed the MUSELight AI model acceleration framework, utilizing Huawei Cloud’s Ascend AI Cloud Service.
At the end of the summit, Huawei Cloud and global customers jointly released the Enterprise Excellence PRIME Model White Paper. This white paper offers a reference framework for enterprises to leap to excellence with digital and intelligent technologies.
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Autonomous Mobile Robots (AMR) Market to cross $10 Billion TAM with around 500K AMRs shipment by 2030 – LogisticsIQ

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NEW DELHI, Sept. 20, 2024 /PRNewswire/ — The global Autonomous Mobile Robots (AMRs) market is poised for significant growth, driven by increasing demand for automation across various sectors, including logistics, manufacturing, and healthcare. According to the latest market research by LogisticsIQ (5th Edition), Autonomous Mobile Robots (AMR) Market to cross $10 Billion TAM by 2030 with a CAGR of ~30% between 2024 and 2030. We expect the installed base of AMRs to reach 2 million units in 2030.

Download a Free Sample of our report on Autonomous Mobile Robots Market
Key Market Drivers
Increased Efficiency: Businesses are rapidly adopting AMRs to enhance operational efficiency, reduce labour costs, and streamline workflows.Labor Shortages: The ongoing labour shortages in various industries have accelerated the need for automated solutions, making AMRs a crucial investment for companies.Technological Advancements: Innovations in artificial intelligence (AI), machine learning, and sensor technology are making AMRs more capable and reliable.Growing E-Commerce: The rise of e-commerce has created a demand for efficient warehouse management solutions, further boosting the AMR market.Regional Insights
North America leads the AMR market, accounting for the largest share due to the early adoption of automation technologies. Meanwhile, the Asia-Pacific region, especially China is expected to witness the fastest growth, fuelled by rapid industrialization and increasing investments in smart factories. US and China are going to contribute ~40% of this market by 2030.
Industry Applications
Autonomous mobile robots are being utilized in various applications, including:
Warehouse Automation: AMRs enhance inventory management and order fulfillment processes. This industry is expected to lead with more than 75% share by 2030.Manufacturing: Robots facilitate material handling and assembly line operations. Traditionally, it has been dominated by AGVs but are getting replaced by AMRs due to more flexibility and scalability features.Healthcare: AMRs assist in transporting medical supplies, improving patient care and operational efficiency. It is a niche market but high growing area to focus further.Purchase the full report on the Autonomous Mobile Robots Market – Growth, Trends, and Forecast
Top Factors & Challenges in the Autonomous Mobile Robots Market
Top Factors Driving Growth
Increased Demand for Automation: Businesses across industries are increasingly seeking automation to enhance efficiency and reduce operational costs.Technological Advancements: Innovations in AI, machine learning, and sensor technologies improve the capabilities and reliability of AMRs, making them more attractive to businesses.Labor Shortages: Ongoing labour shortages, especially in sectors like logistics and manufacturing, are pushing companies to adopt AMRs to maintain productivity.Growth of E-Commerce: The surge in online shopping requires efficient warehouse and logistics solutions, driving the adoption of AMRs for inventory management and order fulfillment.Improved Safety Standards: AMRs can reduce workplace accidents by taking over hazardous tasks, leading to safer working environments.Customization and Scalability: Many AMR solutions offer customizable features that allow businesses to scale operations according to their specific needs.Top Challenges
High Initial Costs: The upfront investment for AMRs can be substantial, which may deter smaller businesses from adoption.Integration with Existing Systems: Integrating AMRs into current operational workflows and legacy systems can be complex and resource-intensive.Regulatory Compliance: Navigating regulatory requirements and safety standards can pose challenges, especially in highly regulated industries.Limited Awareness and Understanding: Some businesses may lack knowledge about AMR technology and its potential benefits, hindering adoption.Technical Limitations: While technology is advancing, AMRs may still struggle with navigating complex environments or handling unexpected obstacles.Cybersecurity Concerns: As AMRs become more connected, they may be vulnerable to cybersecurity threats, requiring robust security measures.Know more about Autonomous Mobile Robots Market – Top Players, Cost Analysis, Competition, and Customer Expectation
What will you get in this report?
500 Pages and 160+ Exhibits Market ReportRevenue and Shipment data segmented:By form factor (Deck-load, Tugger/Pull, Forklift)By Navigation (Tape/Wire/Magnet, Reflector, QR Codes, LiDAR, Camera, Sensor, Fusion)By Function (Goods to person (G2P), Person to Goods (P2G), Conveying, Piece picking, Towing, Pallet Handling)By Application (Manufacturing, Logistics and Warehousing, Shipping, Delivery, Cleaning, Security, Hospital, Retail)Detailed excel file with 150+ market tables (Revenue and Shipment) including forecast till 2030A bottom-up analysis of Autonomous Mobile Robots Market for 19 countries (United States, Canada, Germany, UK, France, Italy, Spain, Nordics, China, Japan, South Korea, Australia, India, Taiwan, Thailand, Malaysia, Singapore, Indonesia, Phillippines) in 5 regionsIn-depth analysis of 700 companies in the ecosystem with more than 160 company profiles.Focus Group Discussion with 100+ key industry stakeholders across the value chain to collect the first-hand information to validate our analysis. Stakeholders include components and technology providers, system integrators, robot manufacturers (OEM/ODM), robotic software & service providers, and end-user industry verticals. Apart this, study also focuses on different components and integral parts of Autonomous Mobile Robots like Motion Control, Batteries & Chargers, Cameras / Vision Sensor, LiDAR, Sensor Fusion, QR Code and Wireless Communication.2 Analyst Sessions to brainstorm furtherInvestment details excel file with 175+ M&A and ~1000 funding dealsLogisticsIQ™ Exclusive Market Map (700+ Players across more than 15 categories)About LogisticsIQ
LogisticsIQ is a dedicated market research and advisory firm in Logistics & Supply Chain sector, empowering decision makers from top fortune 1000 companies, financial and research institutions, private equity and high potential start-ups with market insights to make better decisions. We enable this by analysing the right mix of the best data, the best research methodologies, and the best industry panel to deliver value to our clients.
Media Contact
Name: Sunny M.Email: [email protected]: +91-952-918-4938 
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Huawei Cloud: Thrive with the Cloud and Reshape Industries with AI

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SHANGHAI, Sept. 20, 2024 /PRNewswire/ — At HUAWEI CONNECT 2024, Executive Director of the Board of Huawei and CEO of Huawei Cloud Zhang Ping’an delivered a keynote speech “Thrive with the Cloud: Reshaping Industries with AI”. Zhang states that enterprises must seize opportunities in the intelligent era and use AI to build competitive advantages. The key is to adopt an AI-native mindset now.

First, enterprises should actively embrace AI, open up industry scenarios, and develop enterprise AI platforms. This will enable AI to serve their core business. Today, Huawei Cloud Pangu Models have been applied in more than 30 industries and 400 scenarios.
Second, AI computing power is critical. Enterprises need to build AI-native cloud infrastructure that matches their requirements. Zhang officially released CloudMatrix to interconnect and pool all resources including CPUs, NPUs, DPUs and memory. It marks an evolution from monolithic to matrix compute. CloudMatrix comprises an AI-native cloud infrastructure in which everything can be pooled, peer-to-peer, and composed, providing enterprises with abundant AI computing power.
Third, data quality determines the effectiveness of AI models. We need to build knowledge-centric data foundations to enable data to serve AI better. Huawei Cloud has fully upgraded DataArts to provide customers with AI-oriented and knowledge-centric data foundations. The updated features include AI+data convergence engines, data development and governance, knowledge services, and AI+data application enablement services.
Fourth, build suitable AI models based on business applications. We must abandon the misconception that larger models are better. It is not feasible to address all needs with just one foundation model. Pangu Models 5.0 are available in different sizes, with parameters in the billions, tens of billions, hundreds of billions, and trillions. The complete series of Pangu models meet practically all business application needs.
In addition, Huawei Cloud’s Pangu 5.0 models enhance spatiotemporal controllable generation (STCG) in the field of multimodal generation. For autonomous driving,the Pangu model can generate driving scenarios that accurately mirror the physical world. It can generate videos that reflect normal driving scenarios, random road conditions and accidental and aggressive driving, allowing automotive enterprises to train autonomous driving more efficiently.
Huawei Cloud officially released the Mainframe-to-Cloud Solution, designed to help customers develop new core systems on the cloud with high availability, easy O&M, and better agility, helping customers achieve 99.999% financial-grade high availability. Currently, most banks in China have chosen Huawei to build their new core systems on the cloud.
Tao Jingwen, Huawei’s Director of the Board and President of the Quality, Business Process & IT Mgmt Dept, recounted Huawei’s digital transformation journey. Huawei has developed a methodology, which can be broken down into three layers, five phases, and eight steps. The three layers are redefining intelligent business, AI model development and delivery, and ongoing optimization of intelligent applications. The five phases are identifying suitable scenarios, reshaping processes, transforming organizations, optimizing corporate data, and adopting AI applications.
Bruno Zhang, CTO of Huawei Cloud, presented insights on how Huawei Cloud is leveraging AI to reshape data centers, infrastructure, and cloud services. He also addressed the construction of an AI-native cloud designed to accelerate intelligence in industries. The “1+N” Pangu assistant system, unveiled by Mr. Zhang, signifies a new era in cloud service interaction. The system includes Pangu Doer, and the myriad use cases in product R&D, data analytics, security, and office collaboration, where Pangu models are trained using the scenario-specific data, know-how, and practices to enhance cloud services and boost efficiency with tailored AI.
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