Delray Beach – November 03, 2026 -- The global GNSS simulator market will grow from USD 270.9 million in 2026 to USD 424.6 million by 2031, a CAGR of 9.4%, according to MarketsandMarkets. The 2026 figure compares with USD 245.4 million in 2025.

Services and automotive outgrow the overall market

The services segment is forecast to expand at a CAGR of 13.4% through 2031, faster than any other component. By vertical, automotive is projected to grow at 11.8%. Multi-channel simulators are expected to hold the largest market size by simulator type.