Title: Navigating the Digital Landscape: Market Trends in the Geographic Information System Industry
1MarketsandMarkets Presents
The Global Geographic Information Systems (GIS)
Market Size is expected to grow from USD 8.1
billion in 2020 to USD 14.5 billion by 2025 at a
CAGR of 12.4 from 2020 to 2025. A few key
factors driving the growth of this market include
the development of smart cities and urbanization,
integration of geospatial technology with
mainstream technologies for business
intelligence, and the adoption of GIS solutions
in the transportation sector. Get Sample PDF _at_
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2MarketsandMarkets Presents
Key Players Major players involved in the GIS
Software Market include Autodesk Inc. (US),
Bentley System, Inc. (US), Environmental Systems
Research Institute, Inc. (Esri) (US), Hexagon AB
(Sweden), Pitney Bowes Inc. (US), Topcon
Corporation (Japan), and Trimble Inc. (US). The
other players in this market include Maxar
Technologies Inc. (US), Hi-Target Surveying
Instrument Co. Ltd. (China), TomTom International
(Netherlands),SuperMap Software Co., Ltd (China),
General Electric Co. (US), FARO Technologies,
Inc. (US), L3Harris Technologies, Inc. (US),
Takor Group Ltd. (Australia), Maptoss
Technologies Pvt. Ltd. (India), Computer Aided
Development Corporation Limited (UK), Blue Marble
Geographics (US), and PASCO CORP. (Japan).
3MarketsandMarkets Presents
Mapping function held the largest market size in
the overall GIS Market The mapping function
held the largest share of the Global Geographic
Information System (GIS) Market in 2020. Mapping
offers a better decision making for selection of
agriculture sites, natural resource extraction,
disaster management, urban planning, and
transportation modeling. Hence, the use of
mapping technologies has been growing at a rapid
pace in numerous application sectors, including
construction, infrastructure, defense and
security, transportation, agriculture, forestry,
and environment. Urban planning and smart city
development program in developing countries, such
as India and China, have contributed to the
market growth of mapping function.
4MarketsandMarkets Presents
GIS collectors to dominate the market for GIS
hardware during the forecast period GIS users
face challenges for data collection in closed or
covered areas, such as dense forests. GIS
collectors offer reliable and accurate data
collection in these areas. Some of these GIS
collectors are integrated with cellular modems,
GPS, cameras, and displays. GIS collector
hardware type is expected to dominate the GIS
market during the forecast period due to the
increasing demand for GIS collectors for data
capturing and mapping in the agriculture,
construction, and utility sectors. GIS collector
offers field data collection in both online and
offline mode. It also supports external GNSS/GPS
receivers for improved spatial data collection.
5MarketsandMarkets Presents
Transportation sector held the largest market
size in the overall GIS Market Transportation
has created an ever-increasing demand for
GIS-based technologies. With the emergence of
telematics and navigation applications, GIS is
expected to play a vital role in the
transportation sector. GIS is adopted widely in
the transportation industry for applications such
as highway and roadway management, real-time
traffic data monitoring, railway route planning,
and transportation modeling.
6MarketsandMarkets Presents
APAC expected to grow at the highest rate
between 2020 and 2025 APAC is expected to be
the fastest-growing GIS market during the
forecast period. In this region, geospatial
technologies are being utilized for rural and
agricultural development over the last decade. In
APAC, companies across various sectors, such as
architecture, engineering construction, mining
manufacturing, and agriculture, are using GIS
technologies to identify the potential markets
and using geospatial information to make
strategic decisions. View Full Content here -
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7MarketsandMarkets Presents
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