Global Geographic Information System (GIS) Market, By Component (Hardware and Software), Function (Mapping, Surveying, Telematics Navigation and Location Based Services), End User (Agriculture, Oil and Gas, Construction, Mining, Transportation, Utilities, and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Due to rapid urbanization and construction of smart cities especially in the developing nations will lead to the rise in demand for geographic information system (GIS) technology. Data Bridge Market Research analyses that the geographic information system (GIS) market will exhibit a CAGR of 10.2% for the forecast period of 2021-2028. This signifies that the market value will rise up to USD 17.98 billion by the year 2028.
Geographic information system (GIS) is a computerized tool that provides the services of capturing and analysing the spatial and geographic data. A geographic information system (GIS) is a conceptualized framework that integrates different types of data and organizes layers of information into visualizations. These layers are organized into visualizations using maps and 3D techniques. A geographic information system (GIS) is also used in inventory management, managing networks, establishing routes, monitoring and managing vehicles, locating target customers etc. The system is highly demanded in areas such as military, transportation, telecommunications, utilities, government, healthcare, retail industry and so on.
The increased need and demand for the prediction on monitoring of natural disasters is a key market growth driving factor. Rising construction industry coupled with the increasing demand for land management systems will aggravate the demand for geographic information system (GIS). Integration of business technology with geospatial data will create more lucrative growth opportunities for the geographic information system (GIS) market. Also, there is increase in the demand for adoption of geographic information system (GIS) technology in the video games.
However, high cost of adoption and installation of the technology coupled with the geospatial barriers related to data capturing will act as a growth restraint for the geographic information system (GIS) market. Lack of awareness and expertise on geographic information systems will further dampen the growth rate of the market. Also, availability of free geographic information system solutions over the internet will prove to be a major hurdle in the way of market growth.
This geographic information system (GIS) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on geographic information system (GIS) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Geographic Information System (GIS) Market Scope and Market Size
The geographic information system (GIS) market is segmented on the basis of component, function and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of component, the geographic information system (GIS) market is segmented into hardware and software.
- On the basis of function, the geographic information system (GIS) market is segmented into mapping, surveying, telematics, navigation and location based services.
- On the basis of end user, the market is segmented into agriculture, oil and gas, construction, mining, transportation, utilities and others.
Global Geographic Information System (GIS) Market Country Level Analysis
The geographic information system (GIS) market is analysed and market size, volume information is provided by country, component, function and end user as referenced above.
The countries covered in the geographic information system (GIS) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market and its market share will continue to expand during the forecast period owing to the high rate of adoption of geographic information system (GIS) technology. Also, increased research and development proficiencies to improve the technology will expand the scope of growth in future. Asia-Pacific on the other hand will project the highest growth rate during the forecast period. This is because of rapid urbanization and construction of smart cities, increased operations by construction industries and increasing awareness about the geographic information system (GIS) technology.
The country section of the geographic information system (GIS) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Geographic Information System (GIS) Market Share Analysis
The geographic information system (GIS) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to geographic information system (GIS) market.
The major players covered in the geographic information system (GIS) market report are SNC-Lavalin, Autodesk Inc., Avineon, Inc., BENTLEY SYSTEMS, INCORPORATED, Critigen, Esri Global, Inc., Fugro, HERE, Hexagon AB., MDA Corporation., Pitney Bowes Inc., SuperMap Software Co., Ltd., Trimble Inc., Caliper Corporation, Takor Group Ltd., AmigoCloud, Inc., Computer Aided Development Corporation Limited (Cadcorp)., Mallon Technology, Ordnance Survey Pitney Bowes Inc. and General Electric among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Geographic Information System (GIS) Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.