Press release
Geographic Information System (GIS) Software Market 2020 Size Rising Growth, Current Trend & Demands, COVID-19 Impact Analysis and Top Key Players: Autodesk, Trimble, Caliper, SuperMap, Cadcorp
Allied Market Research published a new report, titled, "Geographic Information System (GIS) Software Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage. The global GIS software market was valued at $3.24 billion in 2017 and is expected to hit $7.86 billion in 2025, registering a CAGR of 11.8% from 2018 to 2025. The the report provides an in-depth analysis of the key winning strategies, drivers & opportunities, market share, key segments, and competitive landscape.Access Full Summary: https://www.alliedmarketresearch.com/geographic-information-system-gis-software-market
High cost and availability of open-source GIS software have hampered the growth to some extent. Nevertheless, adoption of advanced technologies such as AR, VR, and IoT for GIS, emerging technologies such as geospatial AI, and development of 4D GIS Software have created a number of opportunities in the market.
Based on end-user, the transportation and logistics segment accounted for nearly one-fifth of the total market in 2017 and is anticipated to remain dominant by 2025. Increase in adoption of advanced technologies such as connected cars, advanced telematics, and navigation systems has spurred the growth. Simultaneously, the agriculture segment is projected to grow at the highest CAGR of 14.0% during the study period.
Based on region, North America contributed to more than one-third of the total market in 2017 and is expected to dominate throughout the forecast period. The factors contributing to the highest share of this market in the region include large amount of data generated everyday by multiple organizations and adoption of advanced technologies as well as digitalization.
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The global geographic information system software market is segmented based on component, type of GIS software, functions, end-user, and region. In terms of component, the market is divided into software and services. By type of GIS software, the market is classified into desktop GIS, server GIS, developer GIS, mobile GIS, and others. Based on function, it is fragmented into mapping, surveying, location-based services, navigation & telematics, and others. By end-user segment, it is divided into defense, agriculture, oil & gas, construction, utilities, transportation & logistics, and others. Based on the region, the GIS software market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Market Players in the Report:
• Autodesk
• SuperMap
• Trimble
• ESRI
• Hexagon AB (Intergraph)
• Pitney Bowes
• Caliper
• Computer-Aided Development Corporation Limited (Cadcorp)
• General Electric Co.
• Bentley System
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Key questions answered in the GIS Software Market research report:
1. What is the growth rate of the GIS Software Market during the forecast period?
2. What will be the global GIS Software Market size from 2019 to 2026?
3. What are the leading manufacturing companies in the GIS Software Market?
4. How the major current trends will shape the market in the future?
5. What are the driving factors and opportunities in the GIS Software Market?
6. Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
7. Why are some of the segments flourishing at the highest growth rate while others experience a steady growth?
8. What are the conclusions of the GIS Software Market report?
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.”AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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