The Geographic Information Systems (GIS) Market Size is anticipated to increase by 12.4% CAGR from 2020 to 2025, from USD 8.1 billion in 2020 to USD 14.5 billion in 2025. Smart city development and urbanisation, business intelligence technology integration with geospatial technology, and the use of GIS solutions in the transportation industry are a few of the major reasons boosting the market's expansion.
In the overall GIS market, the mapping function retained the highest market size.
In 2020, the mapping feature accounted for the greatest portion of the worldwide GIS market. For improved site selection for agriculture, resource extraction, disaster management, urban planning, and transportation modelling, use of maps is recommended. As a result, the usage of mapping technologies has been expanding quickly across a wide range of application fields, such as infrastructure development, transportation, agriculture, forestry, and environmental protection. In growing nations like China and India, urban planning and smart city development initiatives have helped the mapping function market expand.
Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=55818039
During the forecast period, GIS collectors will dominate the market for GIS hardware.
Data collecting in enclosed or covered locations, such dense forests, presents difficulties for GIS users. In these regions, GIS collectors provide dependable and precise data collection. Some of these GIS collectors have built-in GPS, cameras, and displays as well as cellular modems. Due to the rising demand for GIS collectors for data capture and mapping in the agriculture, construction, and utilities sectors, GIS collector hardware type is anticipated to dominate the GIS market over the projection period. Both online and offline modes of field data collecting are available with GIS Collector. Additionally, external GNSS/GPS receivers are supported for better spatial data collecting.
In the total GIS market, the transportation industry represented the highest market size.
Demand for GIS-based technology is rising as a result of transportation. GIS is anticipated to be extremely important in the transportation industry with the introduction of telematics and navigation applications. GIS is frequently used in the transportation sector for tasks like managing roads and highways, tracking traffic in real-time, designing railroad routes, and modelling transportation.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=55818039
The fastest growth is anticipated in APAC between 2020 and 2025
During the projected period, the GIS market is anticipated to develop at the quickest rate in APAC. Over the past ten years, geospatial technologies have been used in this area to develop rural and agricultural areas. Businesses in APAC across a range of industries, including mining, manufacturing, agriculture, architecture, engineering, and construction, are utilising GIS technologies to pinpoint potential markets and use geospatial data to guide strategic decisions. In the APAC area, surveying and mapping technology is frequently used. Demand for GIS in this region has also been boosted by the growth of smart cities in China, India, and other Southeast Asian nations.
Autodesk Inc. (US), Bentley System, Inc. (US), Environmental Systems Research Institute, Inc. (Esri) (US), Hexagon AB (Sweden), Pitney Bowes Inc. (US), Topcon Corporation (Japan), and Trimble Inc. (US) are significant market participants in the GIS software industry.
The other participants in this market are Hi-Target Surveying Instrument Co. and Maxar Technologies Inc. (US). General Electric Co. (US), FARO Technologies, Inc. (US), L3Harris Technologies, Inc. (US), Takor Group Ltd. (Australia), Maptoss Technologies Pvt. Ltd. (China), SuperMap Software Co., Ltd. (China), TomTom International (Netherlands), Maptoss Technologies Pvt. Blue Marble Geographics (US), Computer Aided Development Corporation Limited (UK), Ltd. (India), and PASCO CORP (Japan).
Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/geographic-information-system-market-55818039.html
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
Visit Our Website: https://www.marketsandmarkets.com