Global Geographic Information System market was valued at USD 5.52 Billion in 2016. It is expected to grow significantly over the forecast period. Infrastructural developments are the main driver of the geographic information system industry (GIS). These include smart cities water management, utility and urban planning.
Services segment is a provider of various services, including location-based services, and thus contributes a significant amount to market share. GIS technology advancements, including geo-analytics, integrated location-based services and data services, are boosting GIS adoption in different regional markets. This will drive the market demand for the forecast period.
Industry players are improving their products by integrating LiDAR/cloud GIS solutions into the portfolio. Over the forecast period, market demand will be driven by technological advances such as LIDAR. These technologies are used to store and capture data.
The GIS market can be divided into three segments based on its components: hardware, software, or services. Due to increasing use of spatial data analytics for various applications, such as food delivery and taxi aggregators, the services segment will see increased demand.
Over the forecast period, the hardware segment will be one of the most important. In 2016, the segment represented 22.57% overall industry share.
GIS software-based digital mapping is widely used for spatial data analysis, spatial databases management systems, and data processing. With a CAGR 8.1%, the demand for software is forecast to rise significantly over the forecast period.
The market can be divided into three segments based on its usage: surveying, mapping and navigation. In 2016, the largest market share was held by navigation.
Surveyors can use a variety of tools to collect, analyze and deliver precise data. GIS technologies allow for spatial analysis, overlay data, as well as integration of systems and solutions. GIS technologies also make it easier for surveyors to share, analyze, and manage data.
Over the forecast period, the highest CAGR is expected to be in the surveying sector at 10.6%. GIS adoption in surveying will drive GIS demand.
Construction is expected to experience the fastest growth over the forecast period. GIS will be more in demand due to the increasing use of global positioning systems in transport and logistics. Technology is used in agriculture to improve the efficiency and effectiveness. Technology's wide range of applications are expected to propel the market.
The market for infrastructure and construction will continue to grow due to increasing urbanization. GIS technology is used to analyze urban planning, such as the use value, flatness, and availability of services such as water, electricity, and other details.
Over the forecast period, the Asia Pacific geographic information systems market will experience a high CAGR. GIS is increasingly being used in construction and utilities as well as agricultural sectors. GIS penetration rates in certain countries, like India, Japan, China, and China, are higher than other countries. These countries are expected to see significant growth.
Europe has the largest GIS market share with its major applications in utilities and transportation & logistics. North America is second in market share, with the majority of desktop GIS technology revenue. South America and MEA have less penetration by GIS technologies, and therefore have a large market potential to grow at an even faster rate.
Autodesk Inc., AutoNavi Software Co., Ltd., Bentley Systems, Inc., CARTO, Environmental Systems Research Institute, Inc., Hexagon AB, Pitney Bowes Inc., SuperMap Software Co., Ltd., Topcon Positioning Systems, Trimble, Inc. are key players in this market.
This report predicts revenue growth at the global, regional and country level and analyses the most recent trends and opportunities in each sub-segment from 2014 through 2025. Up Market Research has divided the global geographic information systems market by components, use, application, devices and region.
Components Outlook (Revenue USD Million; 2014-2025)
Hardware
Software
Services
The Usage Outlook (Revenue USD Million, 2014-2025)
Surveying
Mapping
Navigation
App Outlook (Revenue USD Million; 2014-2025)
Transport and Logistics
Agriculture
Construction
Mining and Geology
Oil & Gas
Aerospace and Defense
Utilities
Government
Devices Outlook (Revenue USD Million; 2014-2025)
Desktop
Mobile
Regional Outlook (Revenue USD Million; 2014-2025)
North America
The U.S.
Canada
Mexico
Europe
Germany
The U.K.
France
Asia Pacific
China
Japan
India
South America
Brazil
Middle East and Africa
Up Market Research published a new report titled “Geographic Information System Market research report which is segmented by Application (Mining, Agriculture, Aerospace, Construction, Transport), by Component (Software, Hardware, Services), By Players/Companies Inc, Trimble, Environmental Systems Research Institute, AutoNavi Software Co, Inc, Topcon Positioning Systems, CARTO, Bentley Systems, Pitney Bowes Inc, Ltd, Autodesk Inc, SuperMap Software Co, Inc, Ltd, Hexagon AB”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Geographic Information System Market Research Report |
By Application | Mining, Agriculture, Aerospace, Construction, Transport |
By Component | Software, Hardware, Services |
By Companies | Inc, Trimble, Environmental Systems Research Institute, AutoNavi Software Co, Inc, Topcon Positioning Systems, CARTO, Bentley Systems, Pitney Bowes Inc, Ltd, Autodesk Inc, SuperMap Software Co, Inc, Ltd, Hexagon AB |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 204 |
Number of Tables & Figures | 143 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Application (Mining, Agriculture, Aerospace, Construction, Transport), by Component (Software, Hardware, Services).
Geographic Information System Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Geographic Information System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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