Geographic Information System (GIS) Market Insights, Opportunity Analysis, Market Shares and Forecast 2017-2022 : Million Insights
Increasing demand of GIS engineering applications can be attributed to the growing traditional GIS systems in the global market. With GIS it is possible to map, model, query, and analyze large quantities of data all held together within a single database.
Increasing demand of GIS engineering applications can be attributed to the growing traditional GIS systems in the global market. With GIS it is possible to map, model, query, and analyze large quantities of data all held together within a single database.
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<strong>Geographic</strong> <strong>Information</strong> <strong>System</strong> (GIS)<br />
<strong>Market</strong> <strong>2022</strong> : Industry Top Manufacturers,<br />
<strong>Market</strong> Growth <strong>Analysis</strong> & Gross Margin<br />
“A geospatial information system or (GIS) is a<br />
conventional tool that underst<strong>and</strong>s geographical or<br />
information. The systems digitalize the received<br />
geographical data, process (store, infer, analyze) the<br />
data, <strong>and</strong> deliver the required output to the consumers.<br />
Various Industries around the world are implementing GIS<br />
systems to obtain precise results <strong>and</strong> enhance their<br />
operations.”<br />
Global <strong>Geographic</strong> <strong>Information</strong> <strong>System</strong> (GIS) <strong>Market</strong> is expected to grow at a significant CAGR in the upcoming years<br />
as the scope is increasing across the globe. Increasing dem<strong>and</strong> of GIS engineering applications can be attributed to the<br />
growing traditional GIS systems in the global market. With GIS it is possible to map, model, query, <strong>and</strong> analyze large<br />
quantities of data all held together within a single database.<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/geographic-information-system-gis-market<br />
A geospatial information system or (GIS) is a conventional tool that underst<strong>and</strong>s geographical or information. The<br />
systems digitalize the received geographical data, process (store, infer, analyze) the data, <strong>and</strong> deliver the required<br />
output to the consumers. Various Industries around the world are implementing GIS systems to obtain precise results<br />
<strong>and</strong> enhance their operations.
The geographic information system (gis) market is anticipated to grow owing to the Increase in dem<strong>and</strong> for process<br />
industries such as Petrochemicals, Oil <strong>and</strong> Gas, Steel & Metal, <strong>and</strong> Mining industry which consists of individual<br />
manufacturing units that need to be located <strong>and</strong> coordinated to continue smooth flow till the finished product.<br />
Portfolio optimization, site selection, <strong>and</strong> design & construction, is provided by GIS to maintain <strong>and</strong> operate the<br />
facilities.<br />
The development of open source GIS software is projected to increase the dem<strong>and</strong> for GIS engineering applications.<br />
Numerous systems are available which cover all sectors of geospatial data h<strong>and</strong>ling through cloud. Increasing dem<strong>and</strong><br />
for 3D GIS software can also be major factor since this software produces images in 3D format thereby allowing the<br />
end users to efficiently utilize the systems.<br />
Increasing dem<strong>and</strong> for electronic mapping systems is expected to drive the market growth in the foreseeable future.<br />
By implementing GIS in Utility infrastructure such as water, electricity, gas <strong>and</strong> telecommunication, outage time may<br />
be reduced leading to more efficient operation of the facilities. The exact location of Utility pipes or poles <strong>and</strong><br />
distribution boxes can be mapped thereby helping the maintenance crew to identify <strong>and</strong> repair if any failures or<br />
outages are caused.<br />
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However, the lack of awareness about GIS technology in developing countries could affect the growth of the<br />
geographic information system (gis) market during the forecast period. Many end users are un aware of benefits that<br />
GIS system provides or the methods required to optimally use <strong>and</strong> leverage the technologies to increase their profits.<br />
Growing infrastructure in developing economies such as Thail<strong>and</strong>, Korea, Croatia, Bulgaria is expected to increase in<br />
requirement for Civil engineering. The GIS is playing an important role in civil engineering companies since it provides<br />
the tools for managing, creating, visualizing <strong>and</strong> analyzing the data that is involved with managing <strong>and</strong> developing<br />
infrastructure. It helps governments <strong>and</strong> organizations to work together in developing strategies for a sustainable<br />
development <strong>and</strong> living. GIS allows civil engineers to manage <strong>and</strong> share data <strong>and</strong> turn it into easily understood reports<br />
<strong>and</strong> visualizations that can be analyzed <strong>and</strong> communicated to others, supporting all phases of the infrastructure life<br />
cycle.<br />
Developments in satellite based mapping is expected to see an exponential increase of geospatial information in the<br />
market. Many economies including U.S., Japan, France, china have launched individual satellites for their economic<br />
growth. These satellites produce large amount of geographical information. GIS engineering applications is expected<br />
to leverage the data which can be used across many industries.<br />
The expensive nature of GIS technology is anticipated to be one of the major challenge hindering the market growth.<br />
The cost of installing software <strong>and</strong> maintenance are very high. However, rising economic trends among several<br />
developing nations is expected to help the market to grow at a higher rate.
Based on its end user type GIS engineering information system can be segmented into public sectors <strong>and</strong> government<br />
agencies. Public sector is further segregated into natural resources, utility <strong>and</strong> telecom. Utility segment is expected to<br />
be the largest end user segment. Financial, retail <strong>and</strong> transportation industries are also expected to witness fastest<br />
growth.<br />
North America accounts for the largest market share in the global GIS engineering application market owing to increase<br />
in dem<strong>and</strong> for monitoring trade transactions <strong>and</strong> enhancing internal security through GIS software. Asia pacific<br />
geographic information system (gis) market is expected to witness high growth rate on account of rapid development<br />
in infrastructure <strong>and</strong> planning of developing economies such China <strong>and</strong> India. Increasing manufacturing facilities may<br />
also be attributed to the growth in this region.<br />
The key global players in the geographic information system (gis) market include Macdonald, Pitney Bowes Inc,<br />
Dettwiler, Esri Inc. <strong>and</strong> hexagon AB together sharing the major market. Other prominent industry participants are<br />
Autodesk Inc., Astrium (EADS Co.), Beijing SuperMap Software Co. Ltd., AvisMap GIS Technologies, Bentley <strong>System</strong>s<br />
Inc... The global geographic information system (gis) market is expected to be fragmented with several players trying<br />
to enter the market. GIS software market is anticipated to witness huge potential due to the rapid growing rate of the<br />
market.<br />
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<strong>Market</strong> Segment:<br />
This report studies the global <strong>Geographic</strong> <strong>Information</strong> <strong>System</strong> (GIS) market, analyzes <strong>and</strong> researches the <strong>Geographic</strong><br />
<strong>Information</strong> <strong>System</strong> (GIS) development status <strong>and</strong> forecast in United States, EU, Japan, China, India <strong>and</strong> Southeast<br />
Asia. This report focuses on the top players in global market, like<br />
• Hexagon AB<br />
• Topcon Corporation<br />
• Trimble Inc.<br />
• Autodesk, Inc.<br />
• Environmental <strong>System</strong>s Research Institute, Inc. (ESRI)<br />
• Bentley <strong>System</strong>s, Incorporated<br />
<strong>Market</strong> segment by Regions/Countries, this report covers<br />
• United States
• EU<br />
• Japan<br />
• China<br />
• India<br />
• Southeast Asia<br />
<strong>Market</strong> segment by Type, <strong>Geographic</strong> <strong>Information</strong> <strong>System</strong> (GIS) can be split into<br />
• Hardware<br />
• Software<br />
<strong>Market</strong> segment by Application, <strong>Geographic</strong> <strong>Information</strong> <strong>System</strong> (GIS) can be split into<br />
• Agriculture<br />
• Oil & Gas<br />
• Mining<br />
• Transportation<br />
• Utilities<br />
• Others
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https://www.millioninsights.com/industry-reports/geographic-information-system-gis-market<br />
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