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 to exhibit strong growth during 2021-2026.
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.
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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.
Geographic Information System (GIS) Market: 2021-2026 Analysis and Segmentation:
- Autodesk Inc.(NASDAQ: ADSK)
- Bentley Systems Incorporated (NASDAQ: BSY)
- Caliper Corporation (PSI Services LLC)
- Computer Aided Development Corporation Limited (Cadcorp)
- Environmental Systems Research Institute Inc.
- General Electric Company (NYSE: GE)
- Geosoft Inc. (Seequent Ltd.)
- Hexagon AB (STO: HEXA-B)
- Maxar Technologies Inc. (NYSE: MAXR)
- SuperMap Software Co. Ltd. (SHE: 300036)
- Topcon Corporation (TYO: 7732)
- Trimble Inc. (NASDAQ: TRMB)
The report has segmented the market on the basis of component, function, device, end use industry and region.
Breakup by Component:
Breakup by Function:
- Telematics and Navigation
- Location-Based Services
Breakup by Device:
Breakup by End Use Industry:
- Oil and Gas
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Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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