Geographic Information System (GIS) Market Will Hit at a CAGR of 11.3% | Global Industry Demand, Insight & Forecast By 2024
Aug 22, 2017
The new report “Global Geographic Information Systems Market”, By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa), By Product Type (Hardware, Software, Data Model); By Application By End-Users – Industry Trends and Forecast to 2024
Pune, India - August 22, 2017 /MarketersMedia/ —
The Global Geographic Information Systems Market accounted for USD 6.1 billion in 2016 growing at a CAGR of 11.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Geographic Information System Market Definition:
Geographic information systems are software’s which stores; represents analyze data in graphical and geospatial patterns for users to interpret, produce displays of map based representations for analysis. In today’s world all form of companies are requiring geospatial analyses and there is an increasing demand for GIS software’s increasingly. Some of the basic advantages of these software’s are creating map and layering wizards, visualize in a simpler pattern and enabling of geocoding. The latest trend in this market is the paradigm shift from 2 dimensional (2D) to 3D software for better understanding of granular data. Government’s more and more interest in geospatial analysis is expected to be the major growth factor for this market in the forecast years.
Global Geographic Information System Market Segmentation:
The GIS market is segmented on the basis of components into hardware, software and data models. The hardware sub segment is further categorized on the basis of product type into total stations, GIS collectors, GPS antennas, Lidar and imaging sensors. While the software market subsegment is further categorized based on compatibility into desktop GIS, mobile GIS, web GIS, server GIS and remote sensing GIS. The data models are of two types’ vector and raster data models.
The global GIS market is also segmented on the basis of applications into 4 types mapping, surveying, telematics and navigation and location based services.
On the basis of end user the global geographical information systems market is further segmented into agriculture, construction and navigation, oil and gas, asset management, environment monitoring, disaster management, and grid management among others.
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On the basis of geography, global geographical information systems market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Global Geographic Information System Market Company Share Analysis:
The report for global geographical information systems market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyse and do more affective investments.
Global Geographic Information System Market Major Market Competitors:
Some of the major players of the global geographical information systems market are Bentley Systems Inc., Topcon Corporaion, Hexagon AB, Pitney Bowes Inc, Macdonald, Dettwiler and Associates Ltd., GE, Caliper Corporation, Hi-Target Surveying Instrument Co., Ltd, Autodesk, Inc., Environmental Systems Research Institute, Inc. (ESRI), Autodesk, Inc., Takor Group Ltd., Amigocloud, Inc., Maptoss Technologies Pvt. Ltd., SuperMap Software Co. Ltd., Pasco Corporation, Ubisense Group Plc. among others.
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