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Global Geographic Information System Market Rising at 12% CAGR During 2018-2024: Analysis of Key Players, Trends & Drivers

Market Study Report adds 2018-2024 Global Geographic Information System market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.


Selbyville, DE -- (SBWIRE) -- 11/20/2018 -- Historical data from 2013 is provided for Geographic Information System Market along with estimates and forecasts to 2024 based on segmentation of Geographic Information System industry by Component, By Application, By End Use, companies and regions. Previous years' data offers fact based information on trends and growth graph while the forecasts aim to show an outlook of Geographic Information System market for the next few years keeping in mind the advancements happening in the sector.

Players operating in the global Geographic Information System market include Autodesk Inc., Bentley Systems, Incorporated, Cadcorp, Caliper Corporation, ESRI, Inc, General Electric Company, GeoInfo Services Sdn Bhd, Geosoft, Harris Corporation, Hexagon AB, Hitachi Solutions, Ltd., MDA Information Systems, Pasco Corporation, Pitney Bowes Inc., Schneider Electric, Spatialworks, Supermap, Topcon Positioning Systems, Inc., Trimble, Inc., Unistrong

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North America is projected to account for a majority market share of around 35% by 2024. The market growth is driven by the growth of the geospatial industry with the launch of new satellite navigation systems. For instance, in March 2018, NASA launched the next-generation weather satellites for the National Oceanic and Atmospheric Administration (NOAA). NOAA?s Geostationary Operational Environmental Satellite-S (GOES-S) provides more accurate and detailed data to track storm systems, lightning, wildfires, coastal fog, and other hazards that affect the western U.S. The extensive presence of the major market players, such as Esri and Autodesk, in the region is also expected to drive the GIS market growth between 2018 and 2024.

GIS technology is used in a broad range of application areas including urban planning, disaster management, construction, mining, and transportation. For instance, facility managers make use of the GIS tools to support a variety of information systems and business processes for the facility management functions such as route mapping, building condition assessment, and space use optimization. Advancements in GIS technologies, such as location-based data services, are also expected to fuel the market growth over the forecast period. Another factor contributing to the increasing uptake of the technology is the growing usage of cloud-based GIS platforms. The complexities related to storing and maintaining location-based data have accelerated the need to adopt cloud-GIS platforms for efficient data management, reduced cost, and improved productivity.

The Global Navigation Satellite System (GNSS) antenna segment is estimated to exhibit an excellent growth at over 10% CAGR during the forecast timeline. As new signals and frequencies are being increasingly used in modernized GNSS, the antennas are expected to play a critical role in the proper functioning of the GNSS receivers. The GIS professionals are increasingly using geodetic and handheld receiver antennas for high-precision and fixed-site GNSS applications to obtain high positional accuracy. The growing usage of the GNSS technology in various applications, such as precision agriculture, marine, construction, and surveying, is expected to support the increasing demand for these antennas during the forecast period.

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The competition in the GIS market is driven by various technological innovations in the geospatial industry for facilitating the acquisition of spatial data. Due to product development initiatives and partnerships adopted by the GIS providers, the competition in the GIS market is expected to intensify over the forecast timeline. For instance, in November 2017, Autodesk and Esri announced a strategic partnership for the amalgamation of their Building Information Management (BIM) and GIS mapping technologies to enable their shared customers to build a more connected infrastructure by synthesizing information from both the applications. In January 2017, TerraGo, a GIS & GPS software company based in the U.S., partnered with CompassTools to deliver advanced GIS & GPS data collection solutions. CompassTools helps customers to deploy custom TerraGo mobile data collection solutions with integrated support for hardware and software platforms including Trimble and Esri.

Table of Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. GIS Market Industry Insights

Chapter 4. Competitive Landscape, 2017

Chapter 5. GIS Market, By Component

Chapter 6 GIS Market, By Application

Chapter 7 GIS market, By End Use

Chapter 8. GIS market, By Region

Chapter 9. GIS market Company Profiles

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Related Report:
Global Geographic Information System Analytics Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023

This report studies the Geographic Information System Analytics market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Geographic Information System Analytics market by product type and applications/end industries. Of the major players of Geographic Information Systems, ESRI maintained its first place in the ranking in 2017. ESRI accounted for 39.39% of the Global Geographic Information Systems revenue market share in 2017. Other players accounted for 23.36 % and 9.42 %, including Hexagon and Pitney Bowes. In this study, the consumption region of Geographic Information Systems divided into seven geographic regions: In United States, total Geographic Information Systems accounted for 30.68%. In the Europe 21.30%, In China 21.21 %, In Canada 4.79 %, In Southeast Asia 2.77 %, In India 3.37 %, and in other region 15.88%. Among all regions, United States is estimated to represent the highest share.

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