Building on our previous article, we look into additional domains where GPS continues to have a significant transformative impact on how we work, travel and perform daily tasks.

A 2023 study by the Commerce Department's National Institute of Standards and Technology (NIST) estimates that GPS has generated $1.4 trillion in economic benefits for the US alone since the 1980s. The study also highlights the significant economic losses that would result from GPS outages, estimating a staggering $1 billion per day.

Geolocation-Enhanced Experiences

The advent of smartphones and mobile applications has further expanded GPS's reach into our daily lives. From social media check-ins to location-based recommendations, GPS serves as the backbone of countless mobile services. Ride-hailing apps, food delivery services, and navigation apps rely on GPS to provide location.

Precision Agriculture

GPS technology has fundamentally altered the agricultural landscape. Farming equipment today is very advanced, and leverages GPS-guided tractors and machinery to enable precision planting, fertilizing, and harvesting. Farming technology development has not only boosted efficiency but also optimized resource utilization, leading to improved crop yields and reduced environmental impact. 

From facilitating seamless navigation to revolutionizing agriculture, GPS's impact permeates our daily lives. GPS has become an indispensable tool for industry and personal well-being.