Global GIS Market Size: was valued at US$ 8.10 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 12.5% through 2021 to 2027, reaching nearly US$ 18.47 Bn.
GIS Market Outlook Globally:
Global GIS market research is a thorough examination of the factors that drive demand, growth, opportunities, difficulties, and restrictions around the world. It delves into the structure and prospects of global and regional industries in great depth. The study includes research and development, new product launches, and product reactions from global and local market leaders. A graphical illustration and a diagrammatic breakdown are included in the entire study of the GIS Market by region.
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GIS Market Segmentation:
This study segments the global GIS# market to forecast revenues and analyse trends in each of the following segments:
Based on the Function, the market is segmented into Mapping, Surveying, Telematics and Navigation, and Location-Based Services. Mapping function segment is expected to hold the largest market shares of xx% by 2027. The use of mapping technologies has been growing rapidly in the application like construction, infrastructure, defence and security, transportation, agriculture, forestry, and environment. Developing countries like India and China are contributing to development programs such as urban planning and smart city, that helps to boost the GIS market. Also, the adoption of airborne devices and LIDAR imagery for collecting and mapping the data. GIS software is an essential tool for combining maps and other geospatial information as it provides functions and tools to store, retrieve, manage, display, and analyse all types of geographic and spatial data. These are the key major factor that drives the growth of the mapping function segment in the global market during the forecast period 2021-2027.
The study’s purpose is to project market sizes over the next eight years by estimating market sizes for relevant industries and geographies in past years. The report is divided into qualitative and quantitative industrial characteristics for each of the study’s sections and countries. The study also looks into key topics like driving forces and constraints that will define the market’s future development. The research will also involve a thorough examination of the competitive environment and product offerings of major competitors, as well as micromarket investment prospects for stakeholders.
Global GISMarket Reginal Insight:
Regional analysis is another important part of the MMR report’s research and analysis of the global GIS market.
North America dominates the global GIS market during the forecast period 2021-2027. North America is expected to hold the largest market shares of xx% by 2027. This is due to the increasing government initiatives towards the growth and development of the industry. The focus and investments of the Federal government of the USA to deploy GIS software and services for its employees and other associated government bodies. These are the key factor that drives the growth of North America region in the global market during the forecast period.
Key Players operating in the GIS market:
- Autodesk, Inc.
• ESRI
• Maxar Technologies
• Environmental Systems Research Institute, Inc.
• Hexagon AB
• General Electric Co.
• Pitney Bowes Inc.
• Trimble Inc.
• Topcon Corporation
• Hi-Target Surveying Instrument Co. Ltd.
• Beijing Unistrong Science & Technology Co., Ltd.
• Bentley Systems Incorporated
• Blue Marble Geographics
• Caliper Corporation
• Computer Aided Development Corporation Limited
• Geosoft Inc.
• Golden Software LLC
• SuperMap Software Co., Ltd.
• Harris Corporation
• Manifold Software Limited
The Market Study Objectives are:
- During the forecasted period, the report analyses the Market’s growth rate, markets size and valuation.
- In North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, the report examines current industry trends as well as market prospects.
- Several criteria are used to compute the year-over-year growth (percent) and compound annual growth rate (percent) over the chosen predicted time.
- The report examines the market in terms of geographical scope, market segmentation, and significant rivals’ financial performance.
- The research report goes into great detail on the industry growth drivers.
Analyses market information. Tables and Figures on the “Global GIS Market” strewn throughout a comprehensive research study and extensive TOC
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Key Highlights of the GIS Market Report:
- GIS Market Historical Performance (2017-2021)
- GIS# Market Outlook (2022-2027)
- GIS Market Drivers and Success Factors
- Porter’s Five Forces Analysis
- SWOT Analysis
- The Impact of COVID-19 on the Global GIS Market
- Value Chain Analysis
- Structure of the Global GIS Market
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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