The global geographic information system (GIS) market is anticipated to reach USD 11.2 billion by 2025, according to a new report by Grand View Research, Inc. The rising adoption of GIS in infrastructure development, urban planning, and smart cities coupled with increasing location-based services are some of the key drivers of the GIS market.
GIS is a computerized system that connects data with geography. Several decisions are taken using GIS, right from tracking a store location to predicting climate change and analyzing a crime pattern. GIS helps users to link the data with geographic location to gain spatial insights from the extracted data.
The growing integration of GIS with conventional technologies has enhanced the business intelligence of companies. Moreover, the integration of GIS with IoT devices provides accurate data to users using the geospatial data analysis. For instance, an IoT-enabled valve can be monitored from anywhere around the globe using geospatial data.
The demand for location-based services, such as real-time status and control of a valve, have been on a rising curve around the globe. The market for GIS is expected to grow over the forecast period owing to technological advancements and growing applications. Moreover, the growing awareness among private companies regarding benefits such as improved productivity and optimization of processes offered by GIS has resulted in the technology’s increased demand.
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Further key findings from the report suggest:
- The growing adoption of GIS in surveying and mapping by several regions is anticipated to drive the market growth.
- The construction segment is expected to register a high CAGR of 11.2% over the projected period.
- The Asia Pacific regional market is expected to witness significant growth over the forecast period, owing to the large-scale penetration of GIS.
- Key players in the market include Autodesk Inc.,The Economic and Social Research Institute (ESRI), Hexagon AB, and Pitney Bowes Inc.
Grand View Research has segmented the GIS market based on components, usage, applications, devices, and regions:
Components Outlook (Revenue, USD Million; 2014 – 2025)
Usage Outlook (Revenue, USD Million; 2014 – 2025)
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Key Topics Covered
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 GIS – Industry Snapshot & Key Buying Criteria, 2016 – 2025
Chapter 3 Industry Outlook
3.1 GIS – Market Segmentation &Scope
3.2 GIS Market Size and Growth Prospects
3.3 GIS – Value Chain Analysis
3.4 GIS – Market Dynamics
3.4.1 Market driver analysis
188.8.131.52 Increasing integration of GIS technologies in enterprise management
184.108.40.206 Rising applications of GIS infrastructure management and transportation
220.127.116.11 Growing implementation of GIS retail analytics
3.4.2 Market restraint analysis
18.104.22.168 Huge capital investments in database development
22.214.171.124 Data privacy and data security concerns
3.4.3 Market opportunity analysis
126.96.36.199 Integration of big data and IoT with GIS
3.5 Key Opportunities – Prioritized
3.6 GIS-Key Company Analysis, 2016
3.6.1 Key company analysis, 2016
3.6.2 List of key companies, 2016
3.7 Industry Analysis – Porter’s
3.8 GIS – PEST Analysis
Chapter 4 GIS: Components Estimates & Trend Analysis
4.1 GIS Market: Components Movement Analysis
4.2.1 Global market estimates and forecasts, 2014 – 2025 (USD Million)
4.3.1 Global market estimates and forecasts, 2014 – 2025 (USD Million)
4.4.1 Global market estimates and forecasts, 2014 – 2025 (USD Million)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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