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GEOGRAPHIC INFORMATION SYSTEM MARKET REPORT OVERVIEW
Global geographic information system market size was estimated at USD 3.14 billion in 2023, set to expand to USD 5.09 billion by 2032, growing at a CAGR of 5.5% during the forecast period.
A Geographic Information System (GIS) is a framework for gathering, managing, analyzing, and visualizing spatial or geographic data. It allows users to capture, store, manipulate, analyze, manage, and present all types of geographical data. GIS technology integrates common database operations such as query and statistical analysis with the unique visualization and geographic analysis benefits offered by maps. GIS is used in a wide range of fields including urban planning, natural resource management, environmental monitoring, disaster management, transportation planning, public health, agriculture, and many others. Its versatility and ability to integrate various types of data make it a valuable tool for understanding and addressing complex spatial problems.
GIS technology is being increasingly adopted across a wide range of industries including urban planning, government, agriculture, forestry, transportation, utilities, environmental management, and healthcare. As these industries recognize the value of spatial data analysis and visualization, the demand for GIS solutions continues to rise.
COVID-19 IMPACT
"Market Faced a Rise in Demand Due to Increased Demand for Spatial Analysis in Pandemic Response During the Pandemic"
The global COVID-19 pandemic has been unprecedented and staggering, with the Geographic Information System marketexperiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
During the pandemic, GIS technology played a crucial role in tracking the spread of the virus, analyzing its impact on communities, and assisting in decision-making for public health measures. Governments, healthcare organizations, and businesses relied on GIS for mapping COVID-19 cases, identifying hotspots, and allocating resources effectively.
LATEST TRENDS
"Integration with Emerging Technologies to Make Market More Efficient"
The Geographic Information System marketis as dynamic as any other market. The GIS market is also influenced by advancements in emerging technologies such as artificial intelligence (AI), Internet of Things (IoT), and augmented reality (AR). Integrating GIS with these technologies can unlock new capabilities and applications across various industries, driving further growth in the market.
GEOGRAPHIC INFORMATION SYSTEM MARKET SEGMENTATION
By Type
According to type, the market can be segmented into GIS collectors, total stations, imaging sensors, GNSS/GPS antennas, and LIDAR.
- GIS Collectors: GIS collectors, also known as field data collectors or mobile GIS devices, are handheld devices or tablets equipped with GPS receivers and GIS software. They allow field workers to collect spatial data such as GPS coordinates, attributes of geographic features, photos, and other relevant information directly in the field. These devices are essential for capturing real-time data and updating GIS databases.
- Total Stations: Total stations are surveying instruments used for measuring angles and distances to determine the positions of points in a survey area. They combine electronic distance measurement (EDM) with electronic angle measurement to provide highly accurate measurements. Total stations are commonly used in construction, land surveying, and engineering projects to create detailed maps and topographic surveys.
- Imaging Sensors: Imaging sensors, such as cameras and satellite imagery sensors, capture visual data of the Earth's surface. They provide high-resolution images that can be used for mapping, land cover classification, change detection, and environmental monitoring. Satellite imagery sensors, in particular, offer a wide range of spectral bands and resolutions, allowing for various applications in agriculture, urban planning, forestry, and disaster management.
- GNSS/GPS Antennas: Global Navigation Satellite System (GNSS) antennas, commonly referred to as GPS antennas, receive signals from satellites to determine the precise location of a receiver on the Earth's surface. These antennas are crucial for accurately georeferencing data collected in the field, such as GPS coordinates collected by GIS collectors or total stations. GNSS antennas come in various types and configurations, including single-frequency and multi-frequency antennas, and can be integrated into different devices or mounted on surveying equipment.
- LIDAR (Light Detection and Ranging): LIDAR is a remote sensing technology that uses laser pulses to measure distances to the Earth's surface. LIDAR systems emit laser beams and measure the time it takes for the light to return after reflecting off objects on the ground. This data is used to generate highly accurate 3D models of the terrain, vegetation, buildings, and other features. LIDAR is widely used in applications such as topographic mapping, urban planning, forestry management, flood modeling, and infrastructure assessment.
By Application
Based on application, the market can be divided into agriculture, construction, transportation, utilities, oil & gas, and mining.
- Agriculture: GIS helps farmers optimize crop production by providing spatial analysis of soil properties, moisture levels, and crop health. This allows for precision farming techniques such as variable rate application of fertilizers and pesticides. GIS is used to monitor crop growth, identify areas of pest infestation or disease, and assess the effectiveness of irrigation systems. GIS assists in land use planning by analyzing factors such as soil suitability, slope, and proximity to water sources to determine the most suitable locations for agriculture.
- Construction: GIS helps construction companies select optimal sites for new developments by analyzing factors such as terrain, accessibility, and environmental considerations. GIS facilitates project planning by providing spatial data on existing infrastructure, land use regulations, and potential risks such as natural hazards or environmental constraints. GIS is used for asset management throughout the construction process, from tracking materials and equipment to monitoring progress and scheduling maintenance.
- Transportation: GIS is used for route optimization in transportation networks, including roadways, railways, and air routes. It helps minimize travel time, fuel consumption, and environmental impact. GIS provides real-time traffic data and analysis to optimize traffic flow, identify congestion hotspots, and plan for infrastructure improvements. GIS assists in planning public transit routes and schedules, optimizing service coverage, and identifying areas with high demand for transportation services.
- Utilities: GIS is used to manage utility infrastructure such as water distribution networks, electricity grids, and telecommunications systems. It facilitates asset inventory, maintenance scheduling, and outage management. GIS helps utilities analyze factors such as population density, land use patterns, and environmental regulations to make informed decisions about infrastructure development and service provision. GIS supports utilities in emergency response scenarios by providing real-time information on the location of infrastructure assets, outage areas, and evacuation routes.
- Oil & Gas: GIS is used in oil and gas exploration to analyze geological data, identify potential drilling sites, and assess reservoir characteristics. GIS helps manage pipelines by providing spatial data on pipeline routes, right-of-way boundaries, and environmental sensitivities. It assists in monitoring pipeline integrity, identifying leaks, and planning maintenance activities. GIS is used to assess environmental impacts of oil and gas operations, comply with regulations, and mitigate risks to ecosystems and communities.
- Mining: GIS aids in resource assessment by analyzing geological data, identifying mineral deposits, and evaluating their economic viability. GIS helps in site planning and design by analyzing factors such as topography, soil composition, and environmental regulations. It assists in optimizing mine layouts, waste management, and rehabilitation plans. GIS supports safety and environmental management in mining operations by monitoring air and water quality, assessing risks of slope instability or groundwater contamination, and planning emergency response procedures.
DRIVING FACTORS
"Increasing Demand for Location-based Services have Increased Demand in the Market"
With the rise of mobile devices and applications, there's a growing demand for location-based services (LBS) in various industries such as transportation, retail, healthcare, and urban planning. GIS provides the underlying technology to enable these services by managing and analyzing spatial data. The rising demand for LBS drives the expansion of GIS applications across various sectors such as retail, transportation, healthcare, tourism, and advertising. GIS technology provides the foundation for these services by enabling the collection, storage, analysis, and visualization of spatial data, allowing businesses and organizations to offer personalized and location-specific services to their users. Overall, the increasing demand for location-based services plays a significant role in driving the adoption of GIS technology across diverse sectors, fueling the growth of the GIS market and stimulating innovation in spatial data management, analysis, and visualization.
"Infrastructure Development and Urbanization has Influenced the Demand in the Market"
Rapid urbanization and infrastructure development projects require efficient management of spatial data for planning, construction, and maintenance. GIS helps in optimizing resource allocation, land use planning, transportation management, and infrastructure development. Rapid urbanization necessitates the development of essential infrastructure such as roads, bridges, utilities, public transportation systems, and housing. GIS facilitates the planning, design, construction, and maintenance of urban infrastructure by providing spatial data management capabilities, asset tracking tools, and geospatial analysis capabilities. As urban infrastructure projects become more complex and interconnected, the demand for GIS solutions to streamline project management and optimize resource allocation continues to increase. In this way this factor resulted in Geographic Information System marketgrowth.
RESTRAINING FACTORS
"High Implementation Costs lead to a Declining Trend in the Market"
Implementing GIS solutions often requires substantial upfront investment in software licenses, hardware infrastructure, data acquisition, training, and customization. The high costs associated with GIS implementation can be a significant barrier, particularly for small and medium-sized enterprises (SMEs) and organizations with limited budgets.
GEOGRAPHIC INFORMATION SYSTEM MARKET REGIONAL INSIGHTS
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
"North America Region Dominates the Market owing to Early Adoption and Development"
North America has the largest Geographic Information System marketshare as it has been at the forefront of GIS development and adoption since its inception. The region has a long history of investment in geospatial technologies, driven by government agencies, research institutions, and private sector companies. Early initiatives such as the US Geological Survey (USGS) and NASA's Landsat program helped establish the foundation for GIS technology in North America. North America benefits from a robust technological infrastructure, including advanced telecommunications networks, high-speed internet connectivity, and cloud computing services. This infrastructure supports the deployment of sophisticated GIS applications and spatial data services, enabling organizations to leverage geospatial data for decision-making, analysis, and visualization. Many leading GIS software vendors and service providers are headquartered or have a significant presence in North America. Companies such as Esri, Trimble, Hexagon Geospatial, Autodesk, and Google have established themselves as industry leaders in the region, driving innovation and setting industry standards for GIS technology. North America is home to a diverse user base spanning various industries and sectors, including government, defense, utilities, natural resources, agriculture, transportation, healthcare, and environmental management. These organizations have extensive spatial data needs and rely on GIS technology to address complex challenges related to infrastructure planning, resource management, emergency response, and business operations. Governments at the federal, state, and local levels in North America provide significant support and funding for GIS initiatives, research, and infrastructure development. Agencies such as the USGS, National Aeronautics and Space Administration (NASA), National Oceanic and Atmospheric Administration (NOAA), and Environmental Protection Agency (EPA) play key roles in advancing GIS technology and promoting its use across various sectors.
KEY INDUSTRY PLAYERS
"Key Players Focus on Research & Development and Collaboration for Market Expansion"
Key players invest heavily in research and development to enhance their GIS software platforms, tools, and services. They continuously innovate to introduce new features, functionalities, and capabilities that meet the evolving needs of customers and address emerging trends in spatial data management, analysis, and visualization. Key players form strategic partnerships and alliances with other technology companies, government agencies, academic institutions, and industry associations to collaborate on GIS projects, share resources, and access new markets. These partnerships enable key players to broaden their product portfolios, extend their geographic reach, and tap into complementary expertise and capabilities. Key players operate on a global scale, with a presence in multiple regions and countries worldwide. They pursue aggressive expansion strategies to penetrate new markets, establish local partnerships, and adapt their offerings to meet regional requirements and preferences. They leverage their global footprint to capitalize on opportunities in emerging markets and diversify their revenue streams.
List of Top Geographic Information System Companies
- Esri(India)
- Hexagon(Sweden)
- Pitney Bowes(U.S.)
- Rolta India(India)
- MDA(Canada)
INDUSTRIAL DEVELOPMENT
January 2023: The Connecticut Office of Policy and Management (OPM) has announced that the new Geodata Portal and broadband maps for the state will be available starting November 18, 2022. This announcement coincides with GIS Day 2022, which aims to promote geographic awareness and highlight the practical applications of Geographic Information Systems (GIS) in enhancing society.
REPORT COVERAGE
The report brings together extensive research on the qualitative and quantitative factors affecting the market. It gives an overall macro and micro view of the online reputation service industry. This research profiles a report with extensive studies on the online reputation management services market that describe the firms affecting the forecasting period. Detailed studies also offer a comprehensive analysis by inspecting factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others.
Furthermore, the post-COVID-19 pandemic’s effect on international market restrictions and a deep understanding of how the industry will recover and strategies are also stated in the report. Finally, the competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 3.14 Billion in 2023 |
Market Size Value By |
US$ 5.09 Billion by 2032 |
Growth Rate |
CAGR of 5.5% from 2023 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2024 |
Historical Data Available |
yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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1. What value is the global Geographic Information System market expected to touch by 2032?
The global Geographic Information System market is expected to touch USD 5.09 billion by 2032.
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2. What CAGR is the Geographic Information System market industry expected to exhibit during 2022-2032?
The global Geographic Information System market is expected to exhibit a CAGR of 5.5% over 2022-2032.
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3. What are the factors which help in pushing the market?
Increasing demand for location-based services and infrastructure development and industrialization are the driving factors of the market.
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4. What are the key Geographic Information System market segments?
The key market segmentation that you should be aware of, which includes, Based on type the Geographic Information System marketis classified as GIS collectors, total stations, imaging sensors, GNSS/GPS antennas, and LIDAR. Based on application the Geographic Information System market is classified as agriculture, construction, transportation, utilities, oil & gas, and mining.