The global geographic information system (GIS) market is anticipated to reach USD 11.2 billion by 2025,
according to a new report by Grand View Research, Inc. The rising adoption of
GIS in infrastructure development, urban planning, and smart cities coupled
with increasing location-based services are some of the key drivers of the GIS
market.
GIS is a computerized
system that connects data with geography. Several decisions are taken using
GIS, right from tracking a store location to predicting climate change and
analyzing a crime pattern. GIS helps users to link the data with geographic
location to gain spatial insights from the extracted data.
The growing integration
of GIS with conventional technologies has enhanced the business intelligence of
companies. Moreover, the integration of GIS with IoT devices provides accurate
data to users using the geospatial data analysis. For instance, an IoT-enabled
valve can be monitored from anywhere around the globe using geospatial data.
The demand for
location-based services, such as real-time status and control of a valve, have
been on a rising curve around the globe. The market for GIS is expected to grow
over the forecast period owing to technological advancements and growing
applications. Moreover, the growing awareness among private companies regarding
benefits such as improved productivity and optimization of processes offered by
GIS has resulted in the technology’s increased demand.
Organizations in the
private sector use the geographic information system for applications such as
mining, oil & gas, transportation & logistics, and defense equipment,
among others. The rising application of geographic information systems in
construction is anticipated to, in turn, boost the market demand over the
forecast period.
Browse full report by Grand View
Research : http://www.grandviewresearch.com/industry-analysis/geographic-information-systems-market
Further key findings from the report suggest:
·
The growing adoption of GIS in surveying
and mapping by several regions is anticipated to drive the market growth.
·
The construction segment is expected to
register a high CAGR of 11.2% over the projected period.
·
The Asia Pacific regional market is
expected to witness significant growth over the forecast period, owing to the
large-scale penetration of GIS.
·
Key players in the market include Autodesk
Inc.,The Economic and Social Research Institute (ESRI), Hexagon AB, and Pitney
Bowes Inc.
View more reports of this category by Grand View Research
at: http://www.grandviewresearch.com/industry/communication-services
Grand View Research has
segmented the GIS market based on components, usage, applications, devices, and
regions:
Components Outlook (Revenue, USD Million; 2014 - 2025)
·
Hardware
·
Software
·
Services
Usage Outlook (Revenue, USD Million; 2014 - 2025)
·
Surveying
·
Mapping
·
Navigation
Application Outlook (Revenue, USD Million; 2014 - 2025)
·
Transport and Logistics
·
Agriculture
·
Construction
·
Mining and Geology
·
Oil & Gas
·
Aerospace and Defense
·
Utilities
·
Government
Device Outlook (Revenue, USD Million; 2014 - 2025)
·
Desktop
·
Mobile
Regional Outlook (Revenue, USD Million; 2014 - 2025)
·
North America
o U.S.
o Canada
o Mexico
·
Europe
o Germany
o UK
o France
·
Asia Pacific
o China
o Japan
o India
·
South America
o Brazil
·
Middle East and Africa
View press release of this research report by Grand View
Research: http://www.grandviewresearch.com/press-release/global-geographic-information-systems-gis-market
About Grand View Research
Grand View Research,
Inc. is a U.S. based market research and consulting company, registered in the
State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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