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Surging Deployment Of Defense-Related Satellites Drives Growth In The Geographic Information System Market Driver: Leading Transformation in the Geographic Information System Market in 2025
Geographic Information System Market
The surge in defense-related satellites is predicted to boost the expansion of the geographic information system market. These satellites, tailored to aid defense and security operations, provide crucial details and capabilities to military forces. They produce spatial data, which, when utilized in geographic information systems, aids decision-making by offering filtered, analyzed, and presented information. For example, in January 2023, Jonathan's Space Report, a US-based space program researcher, reported that 2022 saw 186 international space launches of defense-related satellites, with 182 being successful. Moreover, the US launched 78 defense-related satellites in 2022, of which 72 succeeded, and China launched 64, with 62 reaching orbit successfully. Hence, the rising count of defense-related satellites is set to boost the expansion of the geographic information system market.
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What Is the projected market size and growth rate for the geographic information system market?
The market size for geographic information systems has seen a swift expansion in the past few years. This sector is projected to increase from $14.29 billion in 2024 to $15.93 billion in 2025, showing a compound annual growth rate (CAGR) of 11.5%. Factors contributing to the growth during the historical period include government initiatives, the surge in accessible spatial data, the escalating demand for services based on location, the development of infrastructure projects, and the increasing cognizance of spatial analysis.
The market size of the geographic information system is predicted to experience rapid expansion in the coming years, escalating to $27.72 billion in 2029 with a 14.8% compound annual growth rate (CAGR). The predicted progression during this estimated period may be credited to the rising need for 3D mapping and modeling, scaling smart city projects, heightened focus on preserving the environment, and the uptake of cloud-based GIS solutions. The forecast period is expected to witness trends such as the incorporation of augmented reality in GIS applications, focus on real-time data analytics, the amalgamation of Internet of Things (IoT) with GIS, expansion of location-centric marketing, and the emergence of open-source GIS platforms.
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What new trends are reshaping the geographic information system market and its opportunities?
In the realm of the geographic information system market, product innovation is becoming increasingly important and popular. This trend is primarily driven by major corporations that are focusing their efforts on creating innovative products to secure their standing within the market. For example, in August 2023, SuperMap Software Co. Ltd - a China-based company specializing in geographic information system software products and services - presented SuperMap iDesigner3D; a streamlined WebApp developed on SuperMap iClient3D for WebGL and applied on the portal software framework SuperMap iPortal. SuperMap iDesigner3D allows users to mass produce 3D models of buildings, routes, and roads that align with geospatial environments to meet online 3D geographic design needs. The system leverages vector data and modeling rules to generate online batch modeling features that capture real geographic environments. Users can also modify and fine-tune model attributes and materials, with the ability to view the updated editing results digitally in real-time, which greatly enhances the efficiency of data editing.
What major market segments define the scope and growth of the geographic information system market?
The geographic information system market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Function: Mapping, Surveying, Telematics And Navigation, Location-Based Services
3) By Device: Desktop, Mobile
4) By End User: Agriculture, Utilities, Mining, Construction, Transportation, Oil And Gas, Other End Users
Subsegments:
1) By Hardware: GIS Workstations, Servers, GPS Devices, Data Storage Devices
2) By Software: GIS Software Applications, Spatial Analysis Software, Mapping Software, Cloud GIS Solutions
3) By Services: Consulting Services, Data Integration Services, Training And Support Services, Managed Services
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Which region dominates the geographic information system market?
North America was the largest region in the geographic information system market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the geographic information system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the geographic information system industry growth?
Major companies operating in the geographic information system market include Google LLC, Hitachi Solutions Ltd., General Electric Company, Airbus SE, International Business Machines Corporation, Oracle Corporation, Harris Corporation, Hexagon AB, Autodesk Inc., Trimble Inc., Pitney Bowes Inc., Fugro NV, Maxar Technologies Inc., Topcon Positioning Systems Inc., Environmental Systems Research Institute Inc., Bentley Systems Inc., Alteryx Inc., MDA Information Systems LLC, SuperMap Software Co. Ltd, Zondy Cyber Group Co. Ltd., KCI Technologies Inc, Geosoft Inc., Caliper Corporation, AiDash Inc, Blackshark.ai GmbH, Abley Ltd., CARTO, Cadcorp, Blue Marble Geographics, Hi-Target Surveying Instrument Co. Ltd.
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What Is Covered In The Geographic Information System Global Market Report?
• Market Size Forecast: Examine the geographic information system market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the geographic information system market for a structured understanding.
• Key Players Overview: Analyze major players in the geographic information system market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the geographic information system market.
• Segment Contributions: Evaluate how different segments drive overall growth in the geographic information system market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the geographic information system market.
• Industry Challenges: Identify potential risks and obstacles affecting the geographic information system market.
• Competitive Landscape: Review strategic developments in the geographic information system market, including expansions, agreements, and new product launches.
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