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Geographic Information System (GIS) Market Growing Immensely At A Global Level With Key Players Like Autodesk, Bentley Systems, Esri, GE, Harris Corporation, Hexagon AB, Hitachi, MDA, Pitney Bowes, Schneider Electric, Topcon Positioning Systems, Trimble,

03-23-2020 02:50 PM CET | IT, New Media & Software

Press release from: DecResearch.com

/ PR Agency: Geographic Information System (GIS) Market
Geographic Information System (GIS) Market

Geographic Information System (GIS) Market

The global geographic information systems market has recorded a commendable upsurge in the last few years, as the relevance of GIS is expanding, finding not only new application areas but also becoming critical to the area where it is applied. The incorporation of spatial analytics into the offerings that companies provide has become an intuitive part of all forward-thinking organizations that are involved in tapping technology to advance their business functionalities. With geo-enabled capabilities, normal business intelligence can get supercharged and allow a holistic awareness of the situation providing real-time insights into systems and operations.

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Cloud computing along with IoT devices and apps is enabling the beginning of an instrumented world where companies that are making progress have rightly come to understand the concepts of geospatial solutions. The rising implementation of such systems will thus act as a pivotal driver for geographic information systems market, the valuation of which was pegged at USD 4 billion in 2017.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Autodesk
2. Bentley Systems
3. Esri
4. GE
5. Harris Corporation
6. Hexagon AB
7. Hitachi
8. MDA
9. Pitney Bowes
10. Schneider Electric
11. Topcon Positioning Systems
12. Trimble, Inc.

A revolutionary game changer for the geographic information systems market is the impressive amounts of geographic information that are being continuously generated by all the organizations in the geospatial community across the globe. In addition, the adoption of Web geographic information systems in the Cloud, the sharing of data openly across all geospatial community and the wider use of maps in all aspects of life will also substantially contribute toward the expansion of the overall geographic information systems market.

The range of applications where in geographic information is deployed extensively is indeed diverse and the progressive usage of GIS in these applications is certain to encourage the exponential growth of the geographic information systems market. GISs have come to be used both analytically and aesthetically across virtually all areas of human endeavor, right from businesses identifying new customers to facilitating response to natural disaster situations.

One of the areas that geographic information systems found major application is in urban planning. With the surge of developing smart cities across the globe, geographic information systems market found a new growth avenue as cities are systems of ever evolving complexities that require spatial information for the responsible development of an area which is often updated and robust. GIS is therefore an invaluable tool for urban planners. GIS professionals use spatial data points and spatial thinking for the transformation of data into actionable solutions and insights for improving quality of life and building sustainable communities.

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In recent times, disruptive changes in technology have vastly impacted the reach of GIS which has continued to expand impressively. Latest computing models such as Cloud, Web and apps of the next generation will affect the GIS ecosystem and subsequent release of upgraded technology is expected to add more capabilities to GIS. While GIS data scientists and analysts will continue to lead the way with groundbreaking progress in spatial modelling and location analysis, creative system architects and software engineers are expected to augment the growth of the geographic information systems market with smart device apps and innovative geospatial solutions.

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