Geographical Information System Market

Geographic information system Market is valued at USD 8101.5 Million in 2021 and is expected to reach 17709.3 Million by 2028 with a CAGR of 18.82% over the forecast period.

Rising investments in technology-based infrastructure development, including smart cities, urban planning, along with advancements in GIS technologies, geo-spatial environment, applications of location-based services in business intelligence are the major drivers for the growth of the Global Geographic information system market.

Scope of Geographical Information System Market Report:-

A geographic information system (GIS) is a computer system used to capture, store, verify and display data relating to the location of the Earth’s surface. GIS helps organizations, enterprises, and individuals to understand seemingly unrelated data by linking it to various patterns. In simple words, it gives precise information related to the location of an individual anywhere in the world using a network connection.

A geographical information system can refer to a number of different technologies, processes, techniques, and methods. Geographical information technology would also allow viewing, questioning, and understanding, visualizing and interpreting the data in a number of ways that will reveal relationships, trends, and patterns in the form of globes, maps, charts, and reports. The geographical information system is also called as a geospatial information system. A geographical information system is used in the applications such as wildlife management, coastal management, location identification, tourism, surveying, transport, and others. Moreover, it can be used as a key tool to minimize accident hazards on roads, by identifying the accident locations and providing remedial measures.

A geographic information system (GIS) is used to display spatial data and solve problems involving spatial factors. GIS is particularly useful for correlating, integrating, and analyzing information from these different subjects (or layers) of spatial information. Therefore, anything that can be placed on the map is a candidate for GIS, so it is very versatile. GIS offers various uses which include inventory and resource management, crime maps, route planning, and monitoring, network management, vehicle monitoring and management, asset management, location and locating customers, locating assets that meet specific standards, and managing crop data to address public health issues.

GIS marks various benefits in industries. First is, improved efficiency which results in saving huge costs. It helps a great deal in deciding about the best location for any investments. It also provides aid to recordkeeping in businesses. It provides highly precise location-specific data about things and persons that are used in strategy and decision-making for enterprises. The global Geographic information system Market is segmented on the basis of offering, function, and application. On the basis of offering, the market is segmented into hardware, software, and service. On the basis of functional usage, the market is segmented into location-based, surveying, navigation, and mapping. On the basis of application into various verticals, the market is segmented into transport, construction, aerospace, logistics, mining, oil, agriculture, and others.

Global geographical information system market report is segmented on the basis of component, function, end-user, and regional & country level. Based on components, the global geographic information system market is classified as hardware (GIS collectors, total stations, LIDAR, GNSS/GPS antennas, imaging sensors) and software. Based upon function, the global geographic information system market is classified as mapping, surveying, telematics and navigation, and location-based services. Based upon end-users, the global geographic information system market is classified into agriculture, construction, transportation, utilities, mining, and oil & gas.

The regions covered in this Geographical Information System market report are North America, Europe, Asia-Pacific, and the Rest of the World. On the basis of country level, the market of Geographical information system is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Geographical Information System Companies

Prominent Key Players in the Global GIS are,

• Autodesk Inc.
• Bentley System
• Environmental Systems Research Institute Inc.(Esri)
• General Electric Co
• Hexagon AB
• Pitney Bowes Inc.
• Topcon Corporation
• Trimble Inc.
• Blue Marble Geographics
• Caliper Corporation
• Computer-Aided Development Corporation Limited (Cadcorp)
• Geosoft Inc.
• Schneider Electric SE
• Precisely
• Maxar Technologies Inc.
• IQGeo Group plc
• 1Spatial
• Europa Technologies
• Sarmap
• SuperMap Software Co. Ltd.
• AutoNavi Software Co. Ltd.
• CARTO
• Hi-Target Surveying Instrument Co. Ltd.
• MacDonald
• PASCO CORPORATION
• Harris Corporation
• Handheld Group
• Dettwiler and Associates Ltd.
• Champion Instruments LLC
• Beijing Unistrong Science and Technology Co. Ltd.
• Others

Geographical Information System Segmentation:-

By Data Type

• Cartographic
• Photographic
• Digital
• Tabular

By Function

• Mapping
• Surveying
• Telematics and Navigation
• Location-Based Services

By Project Size

• Medium
• Small
• Large

By Offering

• Hardware

  • Global Navigation Satellite System/Global Positioning System (GNSS/GPS) Antennas
  • Imaging Sensors
  • Total Station
  • Light Detection and Ranging (LiDAR)
  • GIS Collectors

• Software

  • Remote sensing
  • Desktop
  • Server
  • Developer
  • Mobile

• Service

  • Managed
  • Professional

By End Use

• Electric Power T&D
• Engineering & Business Services (AEC)
• Government
• Mining
• Oil & Gas
• Retail
• Telecommunications
• Transportation & Logistics
• Water & Wastewater
• Others

Global Geographic information system Market Dynamics-

Rising investments in infrastructure development which includes urbanization and building smart cities is the major driver for the growth of the Geographic information system market. The government initiatives that include digitally transforming cities and making them self-reliant and technologically updated is the major factor for this. The Digital India initiative is in the process of building 22 projects on digital infrastructural development. Under Smart Cities Mission, around 100 cities are on the verge of getting a digital transformation in India. Moreover, advancements in GIS technologies, geospatial environment, and applications of location-based services in business intelligence and strategic decision-making are other drivers for the growth of the market.

As per the New York Times, around 75 companies receive anonymous, and precise data for about 200 million users in US, using the apps that incorporate GIS location services. Apart from these, the transportation sector and the requirement of GIS into it also act as a driver for its growth in the years. However, expensive GIS solutions and data barriers posed to the geospatial sector may be a restraining factor for the market. Enterprises and businesses are embracing technologies like LiDAR and cloud GIS solutions to better capture data, store and analyze it. LiDAR is being adopted by businesses which is expected to enhance productivity by an average of 32.2%. Also, autonomous cars using LiDAR and GIS technologies, are on a spur and likely to gain momentum in coming years. Hence, these offer immense opportunities for growth in the forecast period.

North America is expected to lead the Global Geographic information system Market.

North America is leading the market presently and is expected to continue the same during the forecasted period. In North America, GIS technology is widely used in construction, agriculture, transportation, and utilities. Rising demands for location-based services and incorporation of GIS in building information models, real-time traffic data, agriculture, and environmental monitoring are expected to boost growth in the GIS market over the forecast period.

The Asia-Pacific region is expected to exhibit the fastest growth in the global GIS market. With the growth of infrastructure in the countries of the region, GIS would be used in the development of smart urban cities.

China is investing heavily in infrastructure construction and urban planning. The growth of the Japanese construction industry has created opportunities for the GIS market in the construction process. With the development of the Indian urban sector, there is a considerable demand for geospatial technologies that can support various types of urban development projects. Investments of China in its fixed assets accounted for USD 327.8 billion in 2016, which ensures infrastructure development in the country. Also, the Geo satellite network which aids the functioning of GIS is expected to cross USD 57.9 billion by 2020 in China, according to the 10^th China Satellite Navigation Conference. Hence, APAC is expected to be the fastest-growing region.

Report Analysis	Details
Historical data	2015 - 2020
Forecast Period	2021 - 2027
Market Size in 2020:	USD 8101.5 Million
Base year considered	2020
Forecast Period CAGR %:	18.82%
Market Size Expected in 2027:	USD 17709.3 Million
Tables, Charts & Figures:	175
Pages	200
Poppy Seeds Manufacturers	Autodesk Inc., Bentley System, Environmental Systems Research Institute,Inc.(Esri), General Electric Co, Hexagon AB, Pitney Bowes Inc., Topcon Corporation, Trimble Inc., Blue Marble Geographics, Caliper Corporation, Computer-Aided Development Corporation Limited (Cadcorp), Geosoft Inc., Schneider Electric SE, Precisely, Maxar Technologies Inc., IQGeo Group plc, 1Spatial, Europa Technologies, Sarmap,  SuperMap Software Co. Ltd., AutoNavi Software Co., Ltd., CARTO, Hi-Target Surveying Instrument Co. Ltd., MacDonald, PASCO CORPORATION, Harris Corporation, Handheld Group, Dettwiler and Associates Ltd., Champion Instruments, LLC, Beijing Unistrong Science and Technology Co., Ltd., and others.
Segments Covered	By Data Type, By Function, By End Use, By Project Size, By Offering
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits of Global GIS Industry Report-

• Global GIS Industry report covers in-depth historical and forecast analysis.
• Global GIS Industry research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, geographic information system companies, Market opportunities, Competitive Analysis, Regional and Country Levels.
• Global GIS Market report helps to identify opportunities in the marketplace.
• Global GIS Market report covers an extensive analysis of emerging trends and competitive landscape.

On Special Requirement GIS Industry Report is also available for the below Regions and Country:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

The Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA