Size, Share, Trends, Reach, Demand, and Opportunity – Fastbreak Daily

According to the latest report by IMARC Group titled “Geographic Information Systems (GIS) Market: Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2021-2026”, the Global Geographic Information Systems Market (SIG) reached a value of US $ 8.9. Billion in 2020. Looking ahead, the market is expected to show strong growth during 2021-2026.

We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.

Geographic Information System (GIS) refers to a computer system that creates a conceptualized framework for analyzing data from a geographic location. It maps and organizes the result layers and models the information in visualization. An integrated GIS system consists of five components, namely software, people, hardware, data and methods. This system is widely applied in various industries, such as planning, engineering, management, insurance, transportation, business and telecommunications.

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Market trends

The growth of the global GIS market can mainly be attributed to the increasing use of the system in disaster management, smart city development, city planning and transportation management. In addition, the increasing integration of cloud computing and artificial intelligence (AI) with GIS analysis is contributing to the growth of the market. Additionally, rapid advancements in GIS technologies such as location-based data services and geo-analysis are some of the other factors that are supporting the growth of the market. Another factor driving the growth of the market across the globe is the ease of access to cloud technology and spatial data.

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List of Key Companies Covered By This Market Report:

  • Autodesk Inc.
  • Bentley Systems Incorporated
  • Stirrup company
  • Computer Aided Development Company Limited (Cadcorp)
  • Environmental Systems Research Institute Inc.
  • General Electricity 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.

Breakdown by component:

  • Equipment
  • Software
  • Services

Breakdown by function:

  • Mapping
  • Survey
  • Telematics and navigation
  • Location based services

Breakdown by device:

Breakdown by end-use sector:

  • Agriculture
  • Utilities
  • Mining
  • Construction
  • Transport
  • Oil and gas
  • Others

Breakdown by region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

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
  • Complete mapping of the competitive landscape

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IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.

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