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Pitney Bowes, SuperMap GIS, Ubisense, Bentley Systems, Schneider Electric, and Autodesk; Geographic Information System (GIS) Market Trends and Opportunities by 2023

11-29-2018 09:19 PM CET | IT, New Media & Software

Press release from: P&S Intelligence

Pitney Bowes, SuperMap GIS, Ubisense, Bentley Systems,

Global GIS market is expected to reach $17.5 billion by 2023. Increasing urbanization in addition to the surging adoption of GIS solutions in enterprise applications in developing countries is the key factor bolstering the demand for the system. The growth of the global GIS market can also be attributed to the implantation of LIDAR (light detection and ranging) technology and increasing availability of spatial data and cloud technology.

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GIS has witnessed high penetration in enterprise applications in recent years. Although industries have a huge amount of data, they lack location-specific information. Modern GIS provide precise and meaningful business intelligence solutions for effective product management and accurate marketing information about clients.

During the forecast period, the GIS market is expected to witness the fastest growth in APAC, owing to the increasing use of this technology by governments, and for water and wastewater management, in the developing countries of the region, including India and China. Increasing urbanization, supported by growing investments in smart cities, is expected to bolster the demand for the technology in the region in the coming years.

Some of the major players operating in the global GIS market are Environmental Systems Research Institute Inc. (Esri), Pitney Bowes Inc., MacDonald, Dettwiler and Associates Ltd., SuperMap Software Co. Ltd., PASCO CORPORATION, Ubisense Group Plc., Bentley Systems Incorporated, Schneider Electric SE and Autodesk Inc.

Explore report description @ https://www.psmarketresearch.com/market-analysis/geographic-information-system-market

Geographic Information System Market Segmentation -
Market Segmentation by Component
• Hardware
• Software
• Data

Market Segmentation by Application Areas
• Aerospace & defense
• Oil & gas exploration
• Water & wastewater
• Government
• Transportation & logistics
• Engineering & business services
• Oil & gas refining
• Telecommunications
• Healthcare
• Others

Market Segmentation by Project Size
• Small ($1 million)

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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