| Product Code: ETC6397688 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import trend of the Benin GPS IC market in Benin experienced a significant decline from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of -29.60%. This decline was particularly pronounced in 20232024, with a year-on-year growth rate of -74.66%, indicating a continued downward trajectory in imports during this period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin GPS IC Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin GPS IC Market Revenues & Volume, 2022 & 2032F |
3.3 Benin GPS IC Market - Industry Life Cycle |
3.4 Benin GPS IC Market - Porter's Five Forces |
3.5 Benin GPS IC Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Benin GPS IC Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Benin GPS IC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for location-based services in various industries such as transportation, logistics, and agriculture. |
4.2.2 Growing adoption of GPS-enabled devices in consumer electronics and automotive sectors. |
4.2.3 Government initiatives to improve infrastructure and promote the use of GPS technology for security and emergency services. |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with GPS IC technology. |
4.3.2 Concerns regarding data privacy and security issues related to GPS tracking and location-based services. |
4.3.3 Limited availability of skilled professionals and technical expertise in implementing and managing GPS IC solutions. |
5 Benin GPS IC Market Trends |
6 Benin GPS IC Market, By Types |
6.1 Benin GPS IC Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Benin GPS IC Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Benin GPS IC Market Revenues & Volume, By SIRF, 2022-2032F |
6.1.4 Benin GPS IC Market Revenues & Volume, By MTK, 2022-2032F |
6.1.5 Benin GPS IC Market Revenues & Volume, By MSTAR, 2022-2032F |
6.1.6 Benin GPS IC Market Revenues & Volume, By Others, 2022-2032F |
6.2 Benin GPS IC Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Benin GPS IC Market Revenues & Volume, By Voice-Guided Navigation, 2022-2032F |
6.2.3 Benin GPS IC Market Revenues & Volume, By Tracking and Tracing, 2022-2032F |
6.2.4 Benin GPS IC Market Revenues & Volume, By Location-Enabled Search, 2022-2032F |
6.2.5 Benin GPS IC Market Revenues & Volume, By Others, 2022-2032F |
7 Benin GPS IC Market Import-Export Trade Statistics |
7.1 Benin GPS IC Market Export to Major Countries |
7.2 Benin GPS IC Market Imports from Major Countries |
8 Benin GPS IC Market Key Performance Indicators |
8.1 Average revenue per user (ARPU) for GPS IC services in Benin. |
8.2 Percentage of GPS IC devices with real-time tracking capabilities. |
8.3 Rate of adoption of GPS IC technology in key industries in Benin. |
9 Benin GPS IC Market - Opportunity Assessment |
9.1 Benin GPS IC Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Benin GPS IC Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Benin GPS IC Market - Competitive Landscape |
10.1 Benin GPS IC Market Revenue Share, By Companies, 2025 |
10.2 Benin GPS IC Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here