High-precision Global Navigation Satellite Systems (GNSS) orbits are critical for real-time clock estimation and precise positioning service; however, the prediction error grows gradually with the increasing prediction session. In this study, we present a new efficient precise orbit determination (POD) strategy referred to as the epoch-parallel processing to reduce the orbit update latency, in which a 24-h processing job is split into several sub-sessions that are processed in parallel and then stacked to solve and recover parameters subsequently. With a delicate handling of parameters crossing different sub-sessions, such as ambiguities, the method is rigorously equivalent to the one-session batch solution, but is much more efficient, halving the time-consuming roughly. Together with paralleling other procedures such as orbit integration and using open multi-processing (openMP), the multi-GNSS POD of 120 satellites using 90 stations can be fulfilled within 30 min. The lower update latency enables users to access orbits closer to the estimation part, that is, 30–60-min prediction with a 30-min update latency, which significantly improves the orbit quality. Compared to the hourly updated orbit, the averaged 1D RMS values of predicted orbit in terms of overlap for GPS, GLONASS, Galileo, and BDS MEO are improved by 39%, 35%, 41%, and 37%, respectively, and that of BDS GEO and IGSO satellites is improved by 47%. We also demonstrate that the boundary discontinuities of half-hourly orbit are within 2 cm for the GPS, GLONASS, and Galileo satellites, and for BDS the values are 2.6, 15.5, and 9.8 cm for MEO, GEO, and IGSO satellites, respectively. This method can also be implemented for any batch-based GNSS processing to improve the efficiency.