Geographic Information System (GIS)Software market size is estimated to be worth USD 6 billion in 2020 and is projected to grow at a CAGR of 13% between 2019 to 2026 globally.
A geographic information system (GIS) software is a data collection, management, and analysis platform. GIS Software is a that incorporates various types of data. It uses maps and 3D scenes to examine the spatial position and organize layers of data into visualizations. GIS reveals deeper insights into data, such as trends, relationships, and circumstances, allowing users to make more informed decisions. A geographic information system (GIS) software is a computer system that collects, stores, and analyses geographic and spatial data. GIS software can be used for visualization, telematics, and several other purposes.
Businesses are increasingly requesting location-based analytics to increase operating efficiency and improve decision-making. Over the forecast period, the growing need to combine traditional data with spatial data to gain useful insights from location-based data would provide new growth opportunities for the geographic information system industry. The use of IoT platforms in business operations has fueled the production of real-time location data to provide customers with highly appropriate and location-specific services. GIS adoption is boosted by advancements in GIS innovations such as geo-analytics and advanced location-based data services in various regional markets.
The Geographic Information System Software Market is segmented by Type (On-premise, Cloud-based), by Application (Individual, Enterprise, Others). The market is further analyzed on the basis of regional analysis and divided into major regions like North-America, Latin America, Asia-Pacific, Europe and MEA.
Further Key Findings From The Report Suggest
- The mobile GIS software market is projected to expand at a rapid growth rate as it enables users to easily acquire and upload GIS data to online visualization tools like Google Earth.
- The fastest-growing applications are projected to be telematics and navigation. With the increasing number of connected vehicles, vehicle-generated data, such as data from vehicle diagnostics, is becoming increasingly relevant in providing navigation solutions.
- Government agencies are increasingly applying GIS technologies for spatial analysis to make better data-driven decisions about the state's and countries overall welfare.
Key Participants like Google, Esri, Pitney Bowes, Golden Software, Caliper, Autodesk, Salesforce Maps, GB Group, Oracle, Tyler Technologies, Zee Source, Mapbox, Blue Marble Geographics, General Electric, OSGeo.
For this report, Introspective Market Research have segmented the Geographic Information System Software market on the basis of Region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2019-2026)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of LATAM