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THE GLOBAL GEOGRAPHIC INFORMATION SYSTEM (GIS) MARKET WAS VALUED AT USD 5.43 BILLION IN 2016 AND IS PROJECTED TO REACH USD 13.18 BILLION BY 2025 TOP KEY PLAYERS ARE TRIMBLE INC. , TOPCON CORPORATION, HEXAGON AB , CALIPER CORPORATION , COMPUTER AIDED DEVEL

02-12-2019 09:18 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

THE GLOBAL GEOGRAPHIC INFORMATION SYSTEM (GIS) MARKET WAS

Global Geographic Information System (GIS) Market
By Function (Telematics and Navigation, Location-Based, Services Mapping, Surveying), Component (Software, Hardware), End User (Utilities, Mining, Oil & Gas, Agriculture, Construction, Transportation), and Regional Market Size, Status and Forecast to 2025The Global Geographic Information System (GIS) Market was valued at USD 5.43 billion in 2016 and is projected to reach USD 13.18 billion by 2025, growing at a CAGR of 10.35% from 2017 to 2025. A geographic information system (GIS) is a system designed to capture, store, manipulate, analyze, manage, and present spatial or geographic data. Uses of GIS range from indigenous people, communities, research institutions, environmental scientists, health organizations, land use planners, businesses, and government agencies at all levels. Benefits of GIS includes - cost savings from greater efficiency, better decision making, improved communication, better record keeping, management of natural resources, instantaneous collaboration through the cloud, and improved allocation of resources and planning.

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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Adoption of cloud computing in GIS
1.2 Development of 4D GIS software
1.3 Increasing adoption of GIS solutions in the transportation sector
1.4 Incorporation of geospatial technology with mainstream technologies for business intelligence
1.5 Development of Smart Cities and Urbanization
2. Market Restraints
2.1 Integration of GIS technology with other technologies
2.2 High cost
2.3 Issues with regulations

Market Segmentation:
The Global Geographic Information System (GIS) Market is segmented on the function, component, end user, and region.

1. Function:
1.1 Telematics and Navigation
1.2 Location-Based
1.3 Services Mapping
1.4 Surveying

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2. By Component:
2.1 Software
2.2 Hardware
2.2.1 GNSS/GPS Antennas
2.2.2 Imaging Sensors
2.2.3 GIS Collectors
2.2.4 Total Stations
2.2.5 LIDAR

3. By End User:
3.1 Utilities
3.2 Mining
3.3 Oil & Gas
3.4 Agriculture
3.5 Construction
3.6 Transportation

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Pitney Bowes Inc.
2. Autodesk, Inc.
3. Trimble Inc.
4. Topcon Corporation
5. Hexagon AB
6. Caliper Corporation
7. Computer Aided Development Corporation Limited (Cadcorp)
8. Hi-Target Surveying Instrument Co., Ltd
9. General Electric Co.
10. Macdonald, Dettwiler and Associates Ltd.
11. Bentley Systems, Incorporated
12. Environmental Systems Research Institute, Inc. (ESRI)
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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New York, NY 10018

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Email:sales@kennethresearch.com
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