Global Geographic Information System Market: Market Segments: By Component (Hardware, Software and Services); By Function (Mapping, Surveying, Telematics and Navigation & Location-Based Services); By Data Type (Cartographic, Photographic, Digital &Tabular); By Project Size (Medium, Small, Large); By Application (Government, Construction, Utilities, Telecommunications, Mining, Agriculture, Aerospace & Defense, Oil & Gas and Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Recent developments in geospatial technology, such as geo-analytics, combined with the advantages of the GIS system, including cloud integration, have increased the rate of GIS adoption in different applications. The need to see, update, capture, and synchronize the changes between the field and the headquarters has given rise to the need to develop GIS systems, especially in the transport and construction sectors.
Global Geographic Information System Market is expected to project a notable CAGR of XX.X% in 2030.
Global Geographic Information System Market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX% throughout the forecast period, i.e. 2019-30. The growth of the GIS market is driven by the advancement of smart cities and urbanization, the convergence of geospatial technology with conventional business intelligence technologies, the growing investment in modern GIS solutions, and the increasing accessibility of spatial data and cloud technology.
Global Geographic Information System Market: Segments
Software Segment to grow with the highest CAGR of XX.X% during 2019-30
Global Geographic Information System Market is segmented by component into hardware, software and services. The greater market share in 2019 was accounted for by the software segment and is expected to see the highest growth during the forecast period. This will be mainly due to the increasing need for field operations to be mapped, analytics tools to be incorporated, and geographic information to be handled and displayed through dashboards and reports.
Global Geographic Information System Market: Market Dynamics
Rising Investments by Government Organizations
GIS technologies in disaster management applications, including flood management, forest fire management, carbon management, and climate change, are rapidly being implemented by the industry. Developed-country governments are heavily focused on geographic disaster management information systems.
High Cost of Installation
The initial high set up cost of the GIS framework and non-existence of authentic spatial data is the major factor hindering the growth of this market across the globe. In addition, it has been noted that the construction of a database and the management of the overall GIS framework require an ample amount of money.
Global Geographic Information System Market: Regions
Global Geographic Information System Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Global Geographic Information System Market in North America held the largest market share of XX.X% in the year 2018 owing to rapid digitization and high adoption of digital System. In the global GIS market, APAC is expected to be the fastest-growing region. GIS is expected to be used for smart city planning and urban development initiatives as infrastructural growth rises in different countries in the region. China is investing heavily in improving infrastructure and planning for urban areas. This investment will improve the demand for geospatial surveying technologies such as GNSS receivers and GIS collectors in the construction industry. The growth of the construction industry in Japan is generating opportunities in construction processes for the GIS market.
Global Geographic Information System Market: Key Players
• Environmental Systems Research Institute (Esri) Inc.
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Hexagon AB
• Autodesk Inc.
• Schneider Electric SE
• General Electric Company
• Precisely Incorporated
• Maxar Technologies Inc.
• Bentley Systems Incorporated
• SuperMap Software Co. Ltd.
• PASCO CORPORATION.
• IQGeo Group plc
• Trimble Inc.
Global Geographic Information System Market report also contains analysis on:
Global Geographic Information System Market Segments:
o GNSS/GPS antennas
o Imaging sensors
o Total station
o GIS collectors
o Remote sensing
Training and consulting
Integration and maintenance
• Telematics and navigation
• Location-based services
By Data Type:
By Project Size:
• Aerospace & defense
• Oil & gas
• Geographic Information System Market Dynamics
• Geographic Information System Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints