Geographic Information System (GIS) Market worth 10.12 Billion USD by 2023

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• Geographic Information System (GIS) Market worth
  10.12 Billion USD by 2023

Publishing Date August 2017
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About our Report
The geographic information system (GIS) market
was valued at USD 5.33 Billion in 2016 and is
expected to reach USD 10.12 Billion by 2023,
growing at a CAGR of 9.6 between 2017 and 2023.
Development of smart cities and urbanization,
integration of geospatial technology with
mainstream technologies for business
intelligence, and growing adoption of GIS
solutions in transportation are the key driving
factors for the market. The research methodology
used to estimate and forecast this market begins
with capturing data on key vendor revenue through
the secondary research such as IEEE journals,
magazines, and leading players newsletters. The
vendor offerings are also taken into
consideration to determine the market
segmentation. The bottom-up procedure has been
employed to arrive at the overall size of the
market from the revenue of key players. After
arriving at the overall market size, the total
market has been split into several segments and
subsegments that have been verified through the
primary research by conducting extensive
interviews with people holding key positions such
as CEOs, VPs, directors, and executives. The
market breakdown and data triangulation
procedures have been employed to complete the
overall market engineering process and arrive at
the exact statistics for all segments and
subsegments.
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Inside of Report
Browse

• 65 market data tables.
• 51 figures spread through 165 pages.
• in-depth TOC on Geographic Information System
  (GIS) Market- Global Forecasts to 2022".

The APAC region is expected to be the
fastest-growing region for the GIS market. The
use of GIS for transportation planning, highway
and roadway management, forestry management, and
precision farming is driving the growth of the
market in this region. With the increasing
infrastructural growth in various countries in
APAC, GIS is expected to be implemented in smart
city planning and urban development programs.
China is investing heavily in infrastructure
development and urban area planning. This
investment in construction would drive the market
for geospatial surveying devices such as GNSS
receivers and GIS collectors. Inquiry Before
Buying http//www.marketsandmarkets.com/Enquiry_B
efore_Buying.asp?id55818039 The growth of the
market for construction in Japan is creating
opportunities for geospatial technologies. With
the emerging urban sector in India, there has
been a huge demand for geospatial technologies
that support various types of urban development
projects.
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Table of Content
1 Introduction (Page No. - 15)    1.1 Objectives
of Study     1.2 Definition     1.3 Scope of
the Study            1.3.1 Markets
Covered           1.3.2 Years Considered for the
Study    1.4 Currency     1.5 Limitations    
1.6 Stakeholders 2 Research Methodology (Page No.
- 18)    2.1 Research Data .          . . 13
Appendix (Page No. - 157)     13.1 Insights of
Industry Experts      13.3 Discussion Guide 
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Geographic Information System (GIS) Market
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The objective of the report is to provide a
detailed analysis of the market on the basis of
component, function, end user, and geography. The
report provides detailed information regarding
the major factors influencing the growth of this
market.
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Company Coverage
Major players involved in the software market
include Autodesk, Inc. (US), Bentley System,
Incorporated (US), Environmental Systems Research
Institute, Inc. (Esri) (US), General Electric Co.
(US), Hexagon AB (Sweden), Pitney Bowes Inc.
(US), Topcon Corporation (Japan), and Trimble
Inc. (US). The hardware market was dominated by
key players such as Hexagon AB (Sweden), Trimble
Inc. (US), Topcon Corporation (Japan), Hi-Target
Surveying Instrument Co., Ltd. (China), and
Beijing Unistrong Science Technology Co., Ltd.
(China). The other players in this market
include Blue Marble Geographics (US), Caliper
Corporation (US), Computer Aided Development
Corporation Ltd. (Cadcorp) (UK), Geosoft Inc.
(Canada), Handheld Group (Sweden), Harris
Corporation (US), Hi-Target Surveying Instrument
Co. Ltd. (China), MacDonald, Dettwiler and
Associates Ltd. (Canada),  PASCO CORPORATION
(Japan), and SuperMap Software Co., Ltd.
(China). Speak To Analyst http//www.marketsand
markets.com/speaktoanalyst.asp?id55818039
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Summary
The geographic information system (GIS) market is
expected to be worth USD 10.12 Billion by 2023,
growing at a CAGR of 9.6 between 2017 and 2023.
Development of smart cities and urbanization,
integration of geospatial technology with
mainstream technologies for business
intelligence, and growing adoption of geospatial
solutions in transportation are some of the major
factors driving the growth of the market. The
high cost of geospatial solutions and geographic
data collection barriers poses major restraining
factors for the growth of this market. The market
has been segmented on the basis of component,
function, end user, and geography. GIS
collectors held the largest share of the overall
market in 2016. GIS collectors are used for
collecting data related to shop floors or fields.
Data collection is a real time and event-oriented
process carried out by construction
professionals. GIS collectors derive data
manually from a computer or directly from the
place of their origin. The collectors allow
construction professionals to carry out accurate
measurements such as site reconnaissance,
progress measurement, and site inspection.
Moreover, collectors help in spatial analysis for
manipulating, extracting, locating, and analyzing
the geographic data. GIS collectors are widely
adopted for capturing, storing, recovering,
analyzing, and displaying spatial data. GIS
collector is expected to dominate the market
during the forecast period due to increasing
demand for data capturing and mapping in
agriculture, construction, and utilities.
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