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.
Full
Research Report On Geographic Information System (GIS) Market Analysis:
http://www.grandviewresearch.com/industry-analysis/geographic-information-systems-market
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: https://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
Access Full Press Release of this
Report:
https://www.grandviewresearch.com/press-release/global-geographic-information-systems-gis-market
https://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: https://www.grandviewresearch.com/
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