(MENAFN- IMARC Group) According to IMARC Group’s latest report, titled “Geographic Information System (GIS) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global geographic information system (GIS) market reached a value of US$ 8.9 Billion in 2020. Looking forward, the market is expected to exhibit strong growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Geographic Information System (GIS) refers to a computer-based system that creates a conceptualized framework for data analysis of a geographic location. It maps and organizes layers of findings and models the information into visualization. An integrated GIS system includes five components, namely software, people, hardware, data, and methods. This system is widely applied in various industries, such as planning, engineering, management, insurance, transport, business, and telecommunications.
Market Trends
The growth of the global GIS market can be primarily attributed to the increasing employment of the system in disaster management, smart city development, urban planning, and transport management. Additionally, the growing integration of cloud computing and artificial intelligence (AI) with GIS analytics is contributing to the market growth. Moreover, rapid advancements in GIS technologies like location-based data services and geo-analytics are some of the other factors supporting the market growth. The easy accessibility to cloud technology and spatial data is another factor driving the market growth across the globe further.
List of Key Companies Covered in this Market Report:
Autodesk Inc.
Bentley Systems Incorporated
Caliper Corporation
Computer Aided Development Corporation Limited (Cadcorp)
Environmental Systems Research Institute Inc.
General Electric Company
Geosoft Inc. (Seequent Ltd.)
Hexagon AB
Maxar Technologies Inc.
SuperMap Software Co. Ltd.
Topcon Corporation
Trimble Inc.
The report has segmented the market on the basis of component, function, device, end use industry and geography.
Breakup by Component:
Hardware
Software
Services
Breakup by Function:
Mapping
Surveying
Telematics and Navigation
Location-Based Services
Breakup by Device:
Desktop
Mobile
Breakup by End Use Industry:
Agriculture
Utilities
Mining
Construction
Transportation
Oil and Gas
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive mapping of the competitive landscape
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