| Product Code: ETC6895172 | 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 to Cyprus saw a significant increase in 2024, with Denmark, USA, China, Israel, and the UK emerging as the top exporting countries. The market concentration shifted from low to moderate in 2024, indicating a growing competitive landscape. The impressive CAGR of 33.21% from 2020 to 2024 highlights the robust growth of this market segment. Moreover, the notable growth rate of 55.79% from 2023 to 2024 suggests a surge in demand for GNSS-enabled devices among consumers in Cyprus.

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 Cyprus GNSS Enabled Consumer Device Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus GNSS Enabled Consumer Device Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus GNSS Enabled Consumer Device Market - Industry Life Cycle |
3.4 Cyprus GNSS Enabled Consumer Device Market - Porter's Five Forces |
3.5 Cyprus GNSS Enabled Consumer Device Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
4 Cyprus GNSS Enabled Consumer Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus GNSS Enabled Consumer Device Market Trends |
6 Cyprus GNSS Enabled Consumer Device Market, By Types |
6.1 Cyprus GNSS Enabled Consumer Device Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus GNSS Enabled Consumer Device Market Revenues & Volume, By Device Type, 2021- 2031F |
6.1.3 Cyprus GNSS Enabled Consumer Device Market Revenues & Volume, By Smartphones, 2021- 2031F |
6.1.4 Cyprus GNSS Enabled Consumer Device Market Revenues & Volume, By Tablets & Wearables, 2021- 2031F |
6.1.5 Cyprus GNSS Enabled Consumer Device Market Revenues & Volume, By Personal Tracking Devices, 2021- 2031F |
6.1.6 Cyprus GNSS Enabled Consumer Device Market Revenues & Volume, By Low-power Asset Trackers, 2021- 2031F |
7 Cyprus GNSS Enabled Consumer Device Market Import-Export Trade Statistics |
7.1 Cyprus GNSS Enabled Consumer Device Market Export to Major Countries |
7.2 Cyprus GNSS Enabled Consumer Device Market Imports from Major Countries |
8 Cyprus GNSS Enabled Consumer Device Market Key Performance Indicators |
9 Cyprus GNSS Enabled Consumer Device Market - Opportunity Assessment |
9.1 Cyprus GNSS Enabled Consumer Device Market Opportunity Assessment, By Device Type, 2021 & 2031F |
10 Cyprus GNSS Enabled Consumer Device Market - Competitive Landscape |
10.1 Cyprus GNSS Enabled Consumer Device Market Revenue Share, By Companies, 2024 |
10.2 Cyprus 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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