Press release
Geographic Information System (GIS) Market Report, Size, Share, Growth, Trends and Forecast 2027
A geographic information system (GIS) refers to a framework that assists in gathering, storing, managing and displaying data related to the various positions on the Earth's surface. It involves the usage of numerous data formats, such as digital, cryptographic and photographic data, to provide users with topographical information and relationships. These systems also organize different layers of information into visualizations using maps and 3D scenes to help individuals in making smarter decisions. Additionally, they provide additional insights into data, including patterns, relationships and situations, that further assist in routing in-car navigation, analyzing spatial information, pinpointing new store locations, reporting power outages, and forecasting the weather.
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Global Geographic Information System (GIS) Market Trends:
The global market is primarily driven by the increasing integration of geospatial technology with mainstream technologies for business intelligence. This assists in offering improved insights into spatial patterns and relationships at reduced costs, thereby providing a thrust to the market growth. This is further supported by the continual developments in geo-analytics and integrated location-based data services. Apart from this, GIS finds extensive applications across the military and defense sector as it is widely employed as a key component in location intelligence, spy satellites and logistics management. The market is also driven by the rising integration of GIS solutions with cloud and Light Detection and Ranging (LiDAR) technologies for improved accuracy, which is anticipated to gain widespread prominence among the end users. Several players are also investing in the utilization of artificial intelligence (AI) with GIS to extract information from spatial big data. This has enabled various governments to develop smart cities by planning the infrastructure and tracking certain changes over a period of time. Some of the other factors contributing to the market growth include the widespread adoption of GIS in the agriculture sector for precision farming and the increasing penetration of the internet of things (IoT) platforms in business operations.
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List of Key Companies Covered in this Market Report:
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
Trimble Inc.
Report Segmentation:
The report has segmented the market into the following categories
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
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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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.
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