The Galileo market is a subset of the Global Positioning Systems (GPS) Software industry. It is a satellite navigation system developed by the European Union (EU) and European Space Agency (ESA). It is designed to provide accurate positioning and timing services to users worldwide. It is the first global navigation satellite system to be developed by a non-governmental organization. Galileo is designed to provide a more accurate, reliable and secure positioning, navigation and timing service than the existing GPS and GLONASS systems. It is expected to provide a more precise and reliable service than the existing GPS and GLONASS systems, with an accuracy of 1 meter. The Galileo market is composed of a variety of companies, including satellite navigation system providers, software developers, and hardware manufacturers. Companies such as Airbus, Thales Alenia Space, OHB System AG, and Telespazio are involved in the development and deployment of the Galileo system. Companies such as u-blox, STMicroelectronics, and Broadcom are involved in the development of Galileo-enabled hardware. Companies such as TomTom, Garmin, and NavCom are involved in the development of Galileo-enabled software. Show Less Read more
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