Geographic Information System Market Analysis | 2023-2028

Geographic Information System Market Analysis | 2023-2028

Geographic Information System Market Analysis | 2023-2028
Report code - SRCE184 Delivery - 2 Weeks
Geographic Information System Market Size, Share, Forecast & Industry Analys See more...

“The Geographic Information System Market was estimated at US$ 10.91 billion in 2022 and is expected to grow at a healthy CAGR of 12.4% during 2023-2028 to reach US$ 22.11 billion by 2028.”

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Market Dynamics

Introduction

A Geographic Information System is defined as a computer system that is employed to capture, store, and present geographic information. It fuses the spatial data including location mainly map and satellite with attribute data including demographic or land use information. GIS enables users quickly to explore, analyze, and make sense of the data and how it is related to offering solutions.

It is used broadly in different areas such as land use planning, management, environment, transport, disaster, and emergencies. Some of the activities that GIS supports include mapping as well as spatial analysis, modeling, and decision-making since it provides tools for data manipulation, query, and visualization. Organizations can make proper decisions and find the proper solution to spatial problems by getting help from location-based data.

Geographic Information System Market Report Overview

Market Size in 2028

USD 22.11 Billion

Market Size in 2022

USD 10.91 Billion

Market Growth (2023-2028)

12.4%

Forecast Period

2023-2028

Base Year of Study

2022

Trend Period

2017-2021

Market Drivers

The geographic information system (GIS) market is experiencing remarkable growth, driven by several key factors:

  • Integration of geospatial technology with mainstream technologies for business intelligence

  • Development of smart cities and urbanization

  • Increasing accessibility of spatial technology and cloud-based systems

  • Surge in investments in modern GIS solutions

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Segments Analysis

Segmentations

List of Sub-Segments

Dominant and Fastest-Growing Segments

Offering Type

Hardware (Total Stations, GIS Collectors, GNSS/GPS Antennas, LiDAR, and Imaging Sensors), Software (Desktop GIS, Mobile GIS, GIS Server and Web GIS, Developer GIS, and Remote Sensing Software), and Services

The software segment accounts for the highest growth during the forecast period.

End-Use Industry Type

Agriculture, Oil & Gas, Building & Construction, Transportation, Utilities, Government, Healthcare, Retail, and Others

The agriculture segment accounts for the highest growth during the forecast period.

Region Analysis

North America, Europe, Asia-Pacific, and the Rest of the World

North America is estimated to be the largest market where as Asia-Pacific will be the highest growth during the forecast period.

By Offering Type

“The software segment accounts for the highest growth during the forecast period.”

The market is segmented into hardware, software, and services. The hardware segment is further bifurcated into GIS collectors, imaging sensors, LiDAR, total stations, and GNSS/GPS antennas. The software segment is similarly bifurcated into desktop GIS, Server GIS, developer GIS, mobile GIS, and remote sensing software. The software segment is estimated to register the highest growth during the forecast period. Increasing use of GIS in urban planning, disaster management, transport management, and smart city development are the major factors contributing towards the growth of the segment.

By End-Use Industry Type

“The agriculture segment accounts for the highest growth during the forecast period.”

The geographic information system market is segmented as agriculture, oil & gas, building & construction, transportation, utilities, mining, government, healthcare, retail, and others. The agriculture segment is expected to witness the highest growth during the forecast period. There is increasing demand for GIS in the agriculture industry for livestock monitoring, crop management, and the monitoring and management of soil and irrigation of farmlands.

Regional Analysis

North America is estimated to be the largest market during the forecast period.”

Significant demand from the various end-use industries and the presence of major players in the region are the major factors behind the dominance of the region in the global geographic information system market.

Asia-Pacific is estimated to portray the highest growth during the forecast period. China, Japan, South Korea, and India are the driving forces of the region’s market.

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Key Players

The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.  

The following are the key players in the geographic information system market (arranged alphabetically).

  • Autodesk Inc.
  • Bentley Systems Inc.
  • Caliper Corporation
  • Computer Aided Development Corporation Ltd.
  • Environmental Systems Research Institute, Inc.
  • Harris Corporation
  • Hexagon AB
  • Hi-Target Surveying Instrument Co. Ltd.
  • Maxar Technologies Inc.
  • Pitney Bowes Inc.
  • SuperMap Software Co.
  • Topcon Corporation
  • Trimble Inc.

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Key questions this report answers

Relevant contents in the report

How big is the sales opportunity?

In-depth Analysis of the Geographic Information System Market 

How lucrative is the future?

The market forecast and trend data and emerging trends

Which regions offer the best sales opportunities?

Global, regional, and country-level historical data and forecasts

Which are the most attractive market segments?

Market Segment Analysis and Forecast

Who are the top players and their market positioning?

Competitive landscape analysis, Market share analysis

How complex is the business environment?

Porter’s five forces analysis, PEST analysis, Life cycle analysis

What are the factors affecting the market?

Drivers & challenges

Will I get the information on my specific requirements?

10% free customization

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to three players).
  • SWOT analysis of key players (up to three players).

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

Frequently Asked Questions (FAQs)

A Geographic Information System is defined as a computer system that is employed to capture, store, and present geographic information. It fuses the spatial data including location mainly map and satellite with attribute data including demographic or land use information. GIS enables users quickly to explore, analyze, and make sense of the data and how it is related to offering solutions. It is used broadly in different areas such as land use planning, management, environment, transport, disaster, and emergencies. Some of the activities that GIS supports include mapping as well as spatial analysis, modeling, and decision-making since it provides tools for data manipulation, query, and visualization.

The geographic information system market is expected to witness an impressive growth of 12.7% CAGR in the foreseeable future.

Environmental Systems Research Institute, Inc., Hexagon AB, Pitney Bowes Inc., Autodesk Inc., Trimble Inc., Topcon Corporation, Hi-Target Surveying Instrument Co. Ltd., Bentley Systems Inc., Caliper Corporation, Computer Aided Development Corporation Ltd., SuperMap Software Co., Harris Corporation, and Maxar Technologies Inc are among the key players in the geographic information system market.

The Geographic Information System Market is expected to reach US$ 22.11 billion by 2028.

North America is expected to be the largest geographic information system market during the next five years.

The software segment is estimated to register the highest growth during the forecast period.

The agriculture segment is expected to witness the highest growth in the geographic information system market in the coming years.