Press release
Cloud GIS Market is expected to grow at a CAGR of 14.5%, according to Maximize Market Research.
Cloud GIS Market:
The total global market for the "Cloud GIS Market" was valued at USD 890.81 Mn. in 2023 and is expected to grow at a CAGR of 14.5 percent over the forecast period to reach USD 2298 Mn by 2030. The cloud GIS (Geographic Information System) market report delves into driving factors like real-time data access without additional infrastructural investments, easy integration with cloud-based services available for multiple users simultaneously, and business & governmental incorporation of the system for geospatial data and strategic decision-making processes in transportation, logistics, urban planning, and emergency response. The restraining factors where integration of cloud GIS with existing legacy systems pose a significant barrier as on-premises systems are established. The cloud GIS market report also discusses expansion opportunities in emerging markets such as Asia-Pacific, Africa, and Latin America. The report goes in-depth about the challenges of data security and privacy concerns that follow. As governments incorporate the cloud GIS systems, the sensitive information about government operations, public safety, and healthcare presents the need for robust security measures.
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Cloud GIS Market Report Scope
The Cloud GIS (Geographic Information System) is changing how data is managed. This system manages data with cloud computing technologies. This allows for storage, manipulation, and visualization of data remotely. Cloud technology does not demand high initial infrastructural investments. The need for dependable and fast internet may present restraints in the Cloud GIS Market. The simplicity of Cloud GIS systems offers opportunities. Recent use of the technology in local governments will help by removing the conventional obstacles while making it more accessible.
The trends observed in the cloud GIS market are
Cloud Computing
Mobile GIS applications
Artificial Intelligence and Machine Learning
Drone-based GIS
Geospatial AI (GeoAI)
The North America Cloud GIS Market dominates the market with key players in the region, early adoption of technology, and investment in R&D, with the U.S being its leader. The Asia Pacific Cloud GIS Market is expected to show considerable CAGR in the forecast period.
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Recent developments
May 14, 2024, Google LLC: Provide AI-powered place and area summaries, with Gemini model capabilities for Places API
May 2024, Microsoft Corporation: announces $3.3 billion investment in Wisconsin to spur artificial intelligence innovation with geospatial data offering through Azure Maps.
July 2024, Esri User Conference was world's largest GIS conference. This is scheduled again for July 2025.
January 2023, Esri and NASA had an agreement, where NASA's data will be available to ArcGIS users and open geospatial consortium (OGC)-based formats.
Cloud GIS Market Segmentation
By type
Cellular
Satellite
By End-User
Fleet management
Vehicle Tracking
Satellite Navigation
Vehicle Safety Communication
Others
By Application
Government
Telecommunication
Utilities
Natural Resources
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Cloud GIS Market Key Players
CARTODB
ESRI
HEXAGON
GIS CLOUD LTD
MAPBOX
OPENSTREETMAP
APPLE INC
GOOGLE MAPS
TRANBERG
company
Zondy Crber
Bing Maps
GeoStar
Agisoft
DroneDeploy
Estimote
Microsoft
Safegraph
TravelTime
Wingtra
Key questions answered in the Cloud GIS Market are:
What was the Cloud GIS Market size in 2023?
What is the growth rate of the Cloud GIS Market?
Which are the top players in the Cloud GIS Market?
What drives the growth in the Cloud GIS Market?
Get deeper insights-request a sample report or inquire for more details.https://www.maximizemarketresearch.com/inquiry-before-buying/25382/
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:
The Global Web Marketing market size reached USD 402.18 Bn in 2023 and is expected to reach USD 1063.98 Bn by 2030, growing at a CAGR of 14.91 % during the forecast period. https://www.maximizemarketresearch.com/market-report/global-web-marketing-market/6305/
Mobile Edge Computing Market size is expected to reach nearly US $ 8.01 Bn by 2030 with the CAGR of 30.1% during the forecast period. https://www.maximizemarketresearch.com/market-report/global-mobile-edge-computing-market/6951/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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