| Product Code: ETC6549092 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of GNSS-enabled consumer devices in Bulgaria saw significant growth in 2024, with the top exporting countries being Israel, Metropolitan France, Germany, China, and Taiwan. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, as measured by the HHI, shifted from low to moderate in 2024, indicating increased competition among suppliers. The Compound Annual Growth Rate (CAGR) for the period 2020-2024 stood at a healthy 10.65%, while the growth rate from 2023 to 2024 spiked to an impressive 60.08%. This data suggests a thriving Market Top 5 Importing Countries and Market Competition (HHI) Analysis for GNSS devices in Bulgaria, with strong potential for further expansion.

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 Bulgaria GNSS Enabled Consumer Device Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria GNSS Enabled Consumer Device Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria GNSS Enabled Consumer Device Market - Industry Life Cycle |
3.4 Bulgaria GNSS Enabled Consumer Device Market - Porter's Five Forces |
3.5 Bulgaria GNSS Enabled Consumer Device Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
4 Bulgaria GNSS Enabled Consumer Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for location-based services and navigation applications |
4.2.2 Technological advancements in GNSS technology leading to improved accuracy and performance |
4.2.3 Growing adoption of IoT devices and smart technology integrating GNSS capabilities |
4.3 Market Restraints |
4.3.1 High initial costs associated with GNSS-enabled consumer devices |
4.3.2 Concerns regarding data privacy and security issues |
4.3.3 Limited awareness and understanding of GNSS technology among consumers |
5 Bulgaria GNSS Enabled Consumer Device Market Trends |
6 Bulgaria GNSS Enabled Consumer Device Market, By Types |
6.1 Bulgaria GNSS Enabled Consumer Device Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria GNSS Enabled Consumer Device Market Revenues & Volume, By Device Type, 2021- 2031F |
6.1.3 Bulgaria GNSS Enabled Consumer Device Market Revenues & Volume, By Smartphones, 2021- 2031F |
6.1.4 Bulgaria GNSS Enabled Consumer Device Market Revenues & Volume, By Tablets & Wearables, 2021- 2031F |
6.1.5 Bulgaria GNSS Enabled Consumer Device Market Revenues & Volume, By Personal Tracking Devices, 2021- 2031F |
6.1.6 Bulgaria GNSS Enabled Consumer Device Market Revenues & Volume, By Low-power Asset Trackers, 2021- 2031F |
7 Bulgaria GNSS Enabled Consumer Device Market Import-Export Trade Statistics |
7.1 Bulgaria GNSS Enabled Consumer Device Market Export to Major Countries |
7.2 Bulgaria GNSS Enabled Consumer Device Market Imports from Major Countries |
8 Bulgaria GNSS Enabled Consumer Device Market Key Performance Indicators |
8.1 Number of new location-based services launched in the market |
8.2 Adoption rate of GNSS-enabled consumer devices among different age groups |
8.3 Average usage time of GNSS applications on consumer devices |
9 Bulgaria GNSS Enabled Consumer Device Market - Opportunity Assessment |
9.1 Bulgaria GNSS Enabled Consumer Device Market Opportunity Assessment, By Device Type, 2021 & 2031F |
10 Bulgaria GNSS Enabled Consumer Device Market - Competitive Landscape |
10.1 Bulgaria GNSS Enabled Consumer Device Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria GNSS Enabled Consumer Device 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.
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