Much will depend on on how the European-funded Galileo system is accepted - it is due to start to come on stream later this year (at present 12 of the 24 operational satellites are in place and full operational status will be reached in 2019. The free-to-use signals are intended to give an accuracy of 1 metre (1cm for specialist paid services) - GPS is, I think, 15 metres, though that can be reduced to 3-5m in coastal areas with Differential GPS (by using, for example, a fixed radio beacon). That it, I suppose, sufficiant for normal navigation.