The Geographic Information System (GIS) market refers to the software, hardware, and services used to capture, manage, analyze, and display spatial or geographical data. GIS is used by various industries, including government, transportation, natural resources, utilities, and others, to make informed decisions about location-based data.
The growth of the market is primarily driven by the increasing demand for spatial data and analytics for various applications, such as urban planning, disaster management, and environmental management.
North America is expected to hold the largest share of the GIS market, followed by Europe and Asia Pacific. The adoption of GIS technology is expected to increase in emerging markets, such as India and China, due to the growing need for advanced location-based analytics in various industries. The increasing adoption of cloud-based GIS solutions is also expected to drive the growth of the GIS market in the coming years.
Computer-based systems called Geographical Information Systems (GIS) allow users to gather, store, analyse, analyse, and present spatial data. It offers an electronic representation of data regarding the geographical aspects of the Earth, both natural and artificial. These bits of spatial data from the real world are linked to a coordinate system via a GIS.
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These characteristics can be divided into various tiers. The GIS market has led to decreasing costs and ongoing advancements in the GIS’s hardware and software. These advancements will lead to a far larger application of the technology throughout business, industry, and government. T
More and more GIS will employ multimedia to depict data as computer hardware, software, and remote sensing technologies progress.
Geographic Information System Market: – Key Players
Key players in the geographic information system market are focusing on product expansion and business collaboration with the technology vendors to collaborate for offering remote sensing software and robotic total stations for sustained business growth.
The major players offering geographic information systems include
- Autodesk
- ESRI
- Trimble
- Pitney Bowes
- Hexagon
- Topcon
- Maxar Technologies
- Caliper Corporation
- Bentley Systems, among others.
Complex Data Structures Is Hampering the Growth of Geographic Information System Market
The data collected and stored in GIS system is usually complex with plenty of upgradation and restructuring required. This means that special skills are required to understand and interpret the data collected in a GIS system.
In addition, a GIS system has complex interconnection of the various components that make up a GIS system. Besides the hardware and the software, there is need to have a fully trained human personnel that is expensive to train and acquire. Hence, the data complexity and expensive geographic information system imposes a great challenge in the market growth.
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Geographic Information System Market: – Segmentation
By Offering, Geographic Information System Market is segmented into
- Hardware
- Total Stations
- GIS Collectors
- GNSS/GPS Antennas
- LiDAR
- Imaging Sensors
- Software
- Desktop GIS
- Mobile GIS
- Others
- Services
- Installation
- Training & Maintenance
By Industry, Geographic Information System Market is segmented into
- Agriculture
- Oil & Gas
- Architecture, Engineering, and Construction
- Transportation
- Utilities
- Others
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