Share this article Share this article ResearchAndMarkets.com's offering. The Global Mid-and High-Level Precision GPS Receiver Market size is expected to reach $3.7 billion by 2026, rising at a market growth of 11.1% CAGR during the forecast period. A GPS receiver includes a low-noise analog frontend for filtering, amplifying, & down-converting the antenna signal. Additionally, it also includes an analog-to-digital converter (ADC) for digitalizing the quadrature IF signal & an extremely corresponding digital signal processor embedded in an ASIC with a long-established processor core. The prime component of the architecture is the custom digital signal processor, working on tens of independent signal paths (channels) in correspondence. Every channel utilizes a digital correlator to identify, monitor, & correlate a PRN sequence in the transmitted data with the predictable PRN signal, changed, & scaled in time.