Geographic Information System Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 120 Pages I Mordor Intelligence
The geographic information system market (GIS) is expected to register a CAGR of 10.8% over the forecast period. GIS is used to power millions of decisions every day all over the world, such as pinpointing new store locations, analyzing crime patterns, routing in-car navigation, forecasting and predicting the weather, and so on.
Key Highlights
The increasing demand for location-based analytics among businesses to improve operational efficiency and enhance decision-making is driving the market. Also, the need to combine traditional data with spatial data to get useful insights from location-based information may open up new growth opportunities for the geographic information system market over the next few years.
The penetration of IoT platforms in business operations has fueled the generation of real-time location data for offering highly relevant and location-specific services to customers. Moreover, the integration of GIS with IoT devices provides accurate data to users using geospatial data analysis. For instance, an IoT-enabled valve can be monitored from anywhere in the world using geospatial data.
Some of the main things that are making the GIS market grow are the growth of smart cities and urbanization, the integration of geospatial technology with other technologies for business intelligence, and the growing investments in modern GIS solutions.
Specialists in urban planning employ GIS systems to properly analyze, model, and visualize sites. By processing geospatial data from satellite imaging, aerial photography, and remote sensors, GIS software systems offer a comprehensive perspective of the land and infrastructure. The geographic information systems sector will expand due to applications like these.
The increasing need for predicting and identifying natural disasters and minimizing damages is fueling the growth of the geographic information systems market. Nowadays, GIS is used to detect, understand, and respond to the coronavirus (COVID-19) infectious disease outbreak by using its capabilities, such as spatial analytics, mapping, and location intelligence. Health officials and government agencies were mapping confirmed and active cases, fatalities, and recoveries to identify where COVID-19 infections occurred.
Geographic Information System Market Trends
The Rising Smart Cities Development and Urban Planning to Drive the Market Growth
Smart cities are data-driven and dependent on the sharing of real-time awareness. After an enterprise collects and analyzes data from thousands of IoT sensors, GIS creates a map-based visualization of the data for immediate actionable insights.These insights can be used to track the delivery of city services and highlight areas where local council services need improvement.
Further, owing to the developing smart cities project, the GIS solutions are implemented to create a generalized location-enabled platform for use-case analysis in smart city environments. These include automated natural hazard monitoring web GIS with SMS warning, climate monitoring, urban design, intelligent transportation systems, and disaster management SDI.
Specialists apply GIS in urban planning for analysis, modeling, and visualization. By processing geospatial data from satellite imaging, aerial photography, and remote sensors, users gain a detailed perspective on land and infrastructure. These benefits of GIS are driving the growth of the GIS software market.
The increasing government applications in developing countries, such as China and India, are boosting the growth of GIS. For example, the Indian government's plan to build 100 "smart cities" across the country should make it easier to use geographic information system solutions in urban planning, facility management, and water and wastewater management.
Asia-Pacific to Register Highest Market Growth
One of the significant factors driving market growth in the region is the rising adoption of geographic information for expanding geographical data cloud analytics adoption in utilities, defense, transportation, agriculture, construction, etc. The region also has the benefit of the end results of the efforts undertaken by the key players looking forward to increasing their market share.
The growing demand for geographic information system solutions for government applications in developing countries, such as China and India, is driving the growth of the GIS market in the APAC region. Recently, the Government of India started the "Digital India" initiative, where the government, along with private sector companies, is expected to further invest in improving internet connectivity and location-based services infrastructure across the country.
There are about 250 geospatial startups in India, according to the Union Minister of Science and Technology, who spoke at the second United Nations World Geospatial Information Congress (UN-WGIC). The Indian government has allocated funds for a geospatial incubator to boost the industry. The Minister further stated that to illustrate the uses of geospatial technology, national organizations such as the Survey of India, the Geological Survey of India, the National Atlas and Thematic Mapping Organization (NATMO), the Indian Space Research Organization (ISRO), and the National Informatics Centre carried out a number of GIS-based pilot projects in a variety of fields, including waste resource management, forestry, urban planning, etc.
The Japanese GIS market is witnessing stable growth due to the shrinking agriculture industry and rapid urbanization. XAG and Bayer Crop Science signed a business agreement for drone application technology in Japan to meet the challenge of reducing agriculture labor. Such initiatives are estimated to propel market growth in the region.
Over the years, several geographic information system vendors have also come up with innovative products to suit the requirements of governments in developing countries. The country is also expected to develop geographic information system-based data for land records, land management, and ownership details.
Geographic Information System Market Competitor Analysis
The geographic information system market appears to be led by market leaders, such as Hexagon AB, Topcon Corporation, Trimble Inc., Autodesk Inc., Environmental Systems Research Institute Inc. (ESRI), Bentley Systems Inc., Caliper Corporation, Pitney Bowes Inc. Major Players are investing in R&D for innovating their products, continuously. Some of the key developments in the market are:
In May 2022, By 2030, Papua New Guinea (PNG) will have more than 50% of its population electrified, according to the United States Agency for International Development's (USAID) Electrification Global Information System (GIS) platform. The technology would initially be accessible to several hundred consumers in the electrical sector, according to USAID. Owing to this interactive mapping application, stakeholders involved in electricity in PNG can examine numerous metrics related to regional demographics and communities.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Market Drivers
4.3.1 Growing role of GIS in smart cities ecosystem
4.3.2 Integration of location-based mapping systems with business intelligence systems
4.4 Market Restraints
4.4.1 Integration issues with traditional systems
4.4.2 Data quality and accuracy issues
4.5 Assessment of Impact of COVID-19 on the Industry
5 MARKET SEGMENTATION
5.1 Component
5.1.1 Hardware
5.1.2 Software
5.2 Function
5.2.1 Mapping
5.2.2 Surveying
5.2.3 Telematics and Navigation
5.2.4 Location-based Services
5.3 End User
5.3.1 Agriculture
5.3.2 Utilities
5.3.3 Mining
5.3.4 Construction
5.3.5 Transportation
5.3.6 Oil and Gas
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Trimble Inc.
6.1.2 Spatialworks
6.1.3 Geosoft
6.1.4 ESRI Inc.
6.1.5 Caliper Corporation
6.1.6 Topcon Positioning Systems
6.1.7 Pitney Bowes Inc.
6.1.8 Hexagon AB
6.1.9 Bentley Systems
6.1.10 Autodesk Inc.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.