Press release
Geographic Information System (GIS) Market Report 2022-2027, Size, Share, Growth, Trends and Forecast
According to IMARC Group's latest report, titled "Geographic Information System (GIS) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027. Offers a comprehensive analysis of the industry, which comprises insights on geographic information system (GIS) market report.Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The global geographic information system (GIS) market reached a value of US$ 10.1 Billion in 2021. A geographic information system (GIS) is a technological tool for collecting, managing, displaying, and analysing geographically linked data that combines software, hardware, and data. It supports disaster management and mitigation, landslide hazard zonation, rerouting design, navigational directions, mapping, and hazard analysis. Additionally, it helps to enhance communication, decision-making, and record-keeping for geographic information.
Request Free Sample Report: https://www.imarcgroup.com/geographic-information-system-market/requestsample
Market Trends
Increasing investments in the creation of smart cities, rapid urbanisation, and the adoption of map assistants are some of the major reasons supporting market growth. Additionally, the introduction of mobile applications with artificial intelligence (AI), speech recognition, location-sharing tools, remote sensor readings, and the internet of things (IoT) is encouraging market expansion. In addition, GIS is becoming more popular in the healthcare sector for tracking the spread of infectious illnesses, which is improving the outlook for the market. Looking forward, IMARC Group expects the market to reach US$ 21.1 Billion by 2027, exhibiting at a CAGR of 13.1% during 2022-2027.
Geographic Information System (GIS) Market: 2022-2027 Analysis and Segmentation:
Breakup by Component:
Hardware
Software
Services
Breakup by Function:
Mapping
Surveying
Telematics and Navigation
Location-Based Services
Breakup by Device:
Desktop
Mobile
Breakup by End Use Industry:
Agriculture
Utilities
Mining
Construction
Transportation
Oil and Gas
Others
For more information about this report: https://www.imarcgroup.com/geographic-information-system-market
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Autodesk Inc., Bentley Systems Incorporated, Caliper Corporation (PSI Services LLC), Computer Aided Development Corporation Limited (Cadcorp), Environmental Systems Research Institute Inc., General Electric Company, Geosoft Inc. (Seequent Ltd.), Hexagon AB, Maxar Technologies Inc., SuperMap Software Co. Ltd., Topcon Corporation and Trimble Inc.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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