DUBLIN--(BUSINESS WIRE)--The "Geographic Information System Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The geographic information system market (GIS) (henceforth, referred to as the market studied) is expected to register a CAGR of 10.8% over the forecast period, 2021-2026.
Companies Mentioned
- Trimble Inc.
- Spatialworks
- Geosoft
- ESRI Inc.
- Caliper Corporation
- Topcon Positioning Systems
- Pitney Bowes Inc.
- Hexagon AB
- Bentley Systems
- Autodesk Inc.
Key Market Trends
The Rising Smart Cities Development and Urban Planning to Drive the Market Growth
- Smart cities are data-driven and dependent on sharing of real-time awareness. Collecting data from thousands of IoT sensors and analyzing it by an enterprise, GIS creates visualization of the data on a map for immediate actionable insights. These insights can be used to track the delivery of city services and highlight areas where local council services need improvement.
- Owing to the developing smart cities project, the GIS solutions are implemented to create generalized location enabled platform for use-cases analysis in smart cities environments. These include automated natural hazard monitor web GIS with SMS warning, climate monitoring, urban design, intelligent transportation systems, and disaster management SDI.
- Specialists apply GIS in urban planning for analysis, modeling, and visualization. By processing geospatial data from satellite imaging, aerial photography, and remote sensors, users gain a detailed perspective on land and infrastructure. These benefits of GIS are driving the growth of GIS software market.
- The increasing government applications in developing countries, such as China and India, are boosting the growth of GIS. For instance, initiative of the Indian government toward the development of 100 smart cities across the country is expected to provide considerable opportunities for the adoption of geographic information system solutions in urban planning, facility management, and water and wastewater management.
Asia-Pacific to Register Highest Market Growth
- One of the significant factors driving the market growth in the region is the rising adoption of geographic information for expanding geographical data cloud analytics adoption in utilities, defense, transportation, agriculture, construction, etc. The region also has the benefits of end-results of the efforts undertaken by the key players looking forward to increasing its market share.
- The growing demand for geographic information system solutions for government application in developing countries, such as China and India, is driving the growth of the GIS market in the APAC region. Recently, the Government of India started "Digital India" initiative, where the government, along with private sector companies, is expected to further invest in improving internet connectivity and location-based services infrastructure, across the country.
- The Japanese GIS market is witnessing a stable growth, due to the shrinking agriculture industry with rapid urbanization. XAG AND Bayer Crop Science signed a business agreement for drone application technology in Japan, to meet the challenge of reducing agriculture labor. Such initiatives are estimated to propel the market growth in the region.
- Over the years, several geographic information system vendors have also come-up with innovative products to suit the requirements of governments in developing countries. The country is also expected to develop geographic information system-based data for land records, land management, and ownership details.
Key Topics Covered:
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.3 Market Drivers
4.3.1 Growing role of GIS in smart cities ecosystem
4.3.2 Integration of location-based mapping systems with business intelligence systems
4.4 Market Restraints
4.4.1 Integration issues with traditional systems
4.4.2 Data quality and accuracy issues
4.5 Assessment of Impact of COVID-19 on the Industry
5 MARKET SEGMENTATION
5.1 Component
5.1.1 Hardware
5.1.2 Software
5.2 Function
5.2.1 Mapping
5.2.2 Surveying
5.2.3 Telematics and Navigation
5.2.4 Location-based Services
5.3 End User
5.3.1 Agriculture
5.3.2 Utilities
5.3.3 Mining
5.3.4 Construction
5.3.5 Transportation
5.3.6 Oil and Gas
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/3kh3ar
