Geographic Information System Market to cross $9bn by 2024

1
Geographic Information System Market to cross
9bn by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Heat Meters Market

• Geographic Information System (GIS) Market was
  estimated at over USD 4 billion in 2017, and is
  set to cross USD 9 billion by 2024 according to
  a new research report by Global Market Insights,
  Inc. The penetration of remote sensing platforms
  and navigation and positioning technologies to
  capture the spatial data objects and associated
  attributes will lead to an increase in demand for
  GIS hardware components, including imaging
  sensors, cameras, and GNSS antennas.
• The data captured by these components need to be
  integrated and analyzed for predictive analysis
  which further help the organizations to make
  informed predictions about the future events.
  This will increase the demand for GIS solutions
  during the forecast timeline. Increasing
  investments in the smart cities have further
  accelerated the adoption of GIS software which
  acts a common platform to enable easy integration
  and coordination of different participants of the
  smart city ecosystem.

3
Continued...

• The hardware segment dominated the GIS market
  with a share of around 55 in 2017 due to the
  large-scale adoption of GIS collectors and
  handheld devices equipped with high-resolution
  cameras and sensors to capture the spatial data.
  The data collectors enable organizations to
  capture geospatial data from varied sources which
  is then integrated and analyzed using GIS.
• The mapping application segment held majority of
  the geographic information system market share
  amounting to over 40 in 2017 due to the
  widespread adoption of the GIS software to
  integrate, manipulate and present the geospatial
  data and let the users to produce graphic display
  of information for analysis. GIS mapping software
  helps in mapping the position and any changes
  occurring in the areas and allow GIS
  professionals and surveyors to gain insights
  about changes that occur in the specific area.

4
Europe GIS Market Share, By Application, 2017
2024 (USD Million)

5

Browse Full Market Research Report On
Geographic Information System Market _at_
https//bit.ly/2l1TNrC Request for a Sample of
this Research Report _at_ https//bit.ly/2Q77UG6
6
Continued...

• The GIS adoption in the agriculture segment is
  expected to grow at a CAGR of over 15 between
  2018 to 2024 due to the increasing applications
  of drone technology. Drones are rapidly being
  used by the farmers to assess crop condition. As
  these collect vegetation and topography related
  information, the demand for GIS will increase
  during the forecast timeline.
• The increasing penetration of the drone
  technology in sectors, such as defense,
  transportation agriculture, and urban planning is
  expected to drive the geographic information
  system market growth. For instance, in March
  2016, the Indian Railways and ISRO signed an MoU
  for developing applications in the field of
  remote sensing and GIS. The MoU enables the use
  of space technologies and tools to provide
  passenger information for all trains, real-time
  train tracking and survey of rail route
  alignments in difficult terrains.

7
Continued...

• Asia Pacific geographic information system market
  is expected to grow at a CAGR of over 15 during
  the forecast timeline. The GIS market growth is
  attributed to the factors such as rising
  urbanization and development of smart cities and
  various efforts taken by the government agencies
  to strengthen spatial infrastructure of the
  satcom industry which further triggers the need
  to have more advanced GPS systems and navigation
  platforms to capture the location-based data.
• Some of the key players operating in the
  geographic information system (GIS) market are
  Bentley Systems, Supermap, Pasco Corporation,
  Autodesk, Schneider Electric, Pitney Bowes, ESRI,
  General Electric, Trimble, Hexagon, Topcon,
  MacDonald, Geoinfo, Geosoft, Harris Corporation,
  Hexagon, Hitachi Solutions, MDA Information
  Systems, and Unistrong.

8
Industry Coverage

9
Table OF Content
Chapter 1. Methodology Scope 1.1.
Methodology 1.1.1. Initial data
exploration 1.1.2. Statistical model and
forecast 1.1.3. Industry insights and
validation 1.1.4. Scope 1.1.5. Definition 1.1.6.
Methodology and forecast parameters 1.2. Data
Sources 1.2.1. Primary 1.2.2. Secondary Chapter
2. Executive Summary 2.1. GIS industry 360º
synopsis, 2013- 2024 2.1.1. Regional
trends 2.1.2. Component trends 2.1.2.1.
Hardware trends 2.1.2.2. Software
trends 2.1.2.3. Service trends 2.1.3.
Application trends 2.1.4. End use trends
10
Stay In Touch Website www.gminsights.com Soci
al Media