Market Overview

Global $17.5Bn Geographic Information System Market by Component, Application Areas, Project Size, and Geography - Forecast to 2023 - ResearchAndMarkets.com

Share:

The "Geographic
Information System Market by Component, by Application Areas, by Project
Size, by Geography - Global Market Size, Share, Development, Growth, and
Demand Forecast, 2013 - 2023"
report has been added to ResearchAndMarkets.com's
offering.

Global GIS market is expected to reach $17.5 billion by 2023.

Increasing urbanization in addition to the surging adoption of GIS
solutions in enterprise applications in developing countries is the key
factor bolstering the demand for the system. The growth of the global
GIS market can also be attributed to the implantation of LIDAR (light
detection and ranging) technology and increasing availability of spatial
data and cloud technology.

Based on component, the GIS market has been categorized into software,
hardware, and data. The data component contributed the largest revenue
to the market in 2017, as it is widely used for mapping, routing,
geocoding, reporting, data management, and modeling. Also, the GIS data
component is witnessing high demand for regional literacy mapping
applications in developing countries. Moreover, the growing demand for
the data component from the government, transportation, and
telecommunications sectors is pushing its market growth.

On the basis of project size, the GIS market has been categorized into
small (less than $250K), medium ($250K to $1 million), and large (more
than $1 million). During the forecast period, the market is expected to
register the fastest growth in medium-sized projects. This can be
attributed to the increasing expenditure of the defense and healthcare
sectors on GIS.

Based on application areas, government contributed the largest revenue
to the GIS market in 2017. Community planning, urban and rural planning,
and information extraction on natural calamities are some of major
application areas of the GIS technology in the government sector.
Although governments in developed countries are the major users of the
technology, governments in developing countries too are heavily
investing in digital and data-based GIS solutions for urban and rural
planning, public health improvement, and optimal utilization of natural
resources. This, in turn, is expected to increase the market penetration
of the technology in the coming years.

Key Highlights

  • Market is expected to register the fastest growth in Asia-Pacific
    (APAC)
  • Growing demand for enterprise GIS solutions is a key growth driver for
    the market
  • Data constraints in GIS development to hinder the market growth

Key Topics Covered

Chapter 1. Research Background

Chapter 2. Research Methodology

Chapter 3. Executive Summary

Chapter 4. Introduction

Chapter 5. Global GIS Market

Chapter 6. North America GIS Market

Chapter 7. Europe GIS Market

Chapter 8. Asia-Pacific GIS Market

Chapter 9. RoW GIS Market

Chapter 10. Competitive Landscape

Chapter 11. Company Profiles

  • Environmental Systems Research Institute Inc. (ESRI)
  • Hexagon AB
  • Grid Solutions
  • Pitney Bowes Inc.
  • Maxar Technologies Ltd.
  • Supermap Software Co. Ltd.
  • Pasco Corporation
  • Ubisense Group Plc
  • Bentley Systems Incorporated
  • Schneider Electric SE
  • Autodesk Inc.

For more information about this report visit https://www.researchandmarkets.com/research/nmlmdv/global_17_5bn?w=4

View Comments and Join the Discussion!