Press release
Geographic Information System Market is Forecasted to Reach US$ 22.11 Billion in 2028, Says Stratview Research
Stratview Research, a global market research firm has launched a report on the global geographic information system market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/1099/geographic-information-system-market.html#form
Report Highlights:
Market Size in 2028: US$ 22.11 billion
Growth (CAGR): 12.4% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Geographic Information System Market:
The global geographic information system market is segmented based on offering type, function type, end-use industry type, and region.
Based on offering type - "The software segment accounts for the highest growth during the forecast period."
The geographic information system market is segmented into hardware, software, and services. The hardware segment is further bifurcated into GIS collectors, imaging sensors, LiDAR, total stations, and GNSS/GPS antennas. The software segment is similarly bifurcated into desktop GIS, Server GIS, developer GIS, mobile GIS, and remote sensing software. The software segment is estimated to register the highest growth during the forecast period. Increasing use of GIS in urban planning, disaster management, transport management, and smart city development are the major factors contributing towards the growth of the segment.
Based on end-use industry type - "The agriculture segment accounts for the highest growth during the forecast period."
The market is segmented as agriculture, oil & gas, building & construction, transportation, utilities, mining, government, healthcare, retail, and others. The agriculture segment is expected to witness the highest growth during the forecast period. There is increasing demand for GIS in the agriculture industry for livestock monitoring, crop management, and the monitoring and management of soil and irrigation of farmlands.
To know the most attractive segments, click here:
https://www.stratviewresearch.com/1099/geographic-information-system-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America is estimated to be the largest market during the forecast period. This growth outlook is majorly attributed to the following-
• Significant demand from the various end-use industries and the presence of major players in the region are the major factors behind the dominance of the region in the global geographic information system market.
• Asia-Pacific is estimated to portray the highest growth during the forecast period. China, Japan, South Korea, and India are the driving forces of the region's market.
Geographic Information System Market Drivers:
Some of the key drivers listed in the report are given below.
• Integration of geospatial technology with mainstream technologies for business intelligence.
• Development of smart cities and urbanization.
• Increasing accessibility of spatial technology and cloud-based systems.
• Surge in investments in modern GIS solutions.
Top Companies in the Geographic Information System Market:
Stratview Research has identified the following companies as the top market players.
• Autodesk Inc.
• Bentley Systems Inc.
• Caliper Corporation
• Computer Aided Development Corporation Ltd.
• Environmental Systems Research Institute, Inc.
• Harris Corporation
• Hexagon AB
• Hi-Target Surveying Instrument Co. Ltd.
• Maxar Technologies Inc.
• Pitney Bowes Inc.
• SuperMap Software Co.
• Topcon Corporation
• Trimble Inc.
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Geographic Information System Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Location-Based Services Market: https://www.stratviewresearch.com/2695/location-based-services-market.html
• Real-Time Location Systems Market: https://www.stratviewresearch.com/1759/real-time-location-systems-market.html
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About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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