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Geographic Information System (GIS) Market worth 10.12 Billion USD by 2023

The geographic information system (GIS) market was valued at USD 5.33 Billion in 2016 and is expected to reach USD 10.12 Billion by 2023, growing at a CAGR of 9.6% between 2017 and 2023. Development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and growing adoption of GIS solutions in transportation are the key driving factors for the market.<br><br>The base year considered for the study is 2016 and the forecast period considered is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the market on the basis of component, function, end user, and geography. The report provides detailed information regarding the major factors influencing the growth of this market.

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Geographic Information System (GIS) Market worth 10.12 Billion USD by 2023

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  1. MarketsandMarkets Pre MarketsandMarkets Presents Geographic Information System (GIS) Market worth 10.12 Billion USD by 2023 Publishing Date: August 2017

  2. About our Report The geographic information system (GIS) market was valued at USD 5.33 Billion in 2016 and is expected to reach USD 10.12 Billion by 2023, growing at a CAGR of 9.6% between 2017 and 2023. Development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and growing adoption of GIS solutions in transportation are the key driving factors for the market. The research methodology used to estimate and forecast this market begins with capturing data on key vendor revenue through the secondary research such as IEEE journals, magazines, and leading players’ newsletters. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments that have been verified through the primary research by conducting extensive interviews with people holding key positions such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.

  3. Inside of Report Browse: • 65 market data tables. • 51 figures spread through 165 pages. • in-depth TOC on “Geographic Information System (GIS) Market- Global Forecasts to 2022".” The APAC region is expected to be the fastest-growing region for the GIS market. The use of GIS for transportation planning, highway and roadway management, forestry management, and precision farming is driving the growth of the market in this region. With the increasing infrastructural growth in various countries in APAC, GIS is expected to be implemented in smart city planning and urban development programs. China is investing heavily in infrastructure development and urban area planning. This investment in construction would drive the market for geospatial surveying devices such as GNSS receivers and GIS collectors. Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=55818039 The growth of the market for construction in Japan is creating opportunities for geospatial technologies. With the emerging urban sector in India, there has been a huge demand for geospatial technologies that support various types of urban development projects.

  4. Table of Content 1 Introduction (Page No. - 15)    1.1 Objectives of Study     1.2 Definition     1.3 Scope of the Study            1.3.1 Markets Covered           1.3.2 Years Considered for the Study    1.4 Currency     1.5 Limitations     1.6 Stakeholders 2 Research Methodology (Page No. - 18)    2.1 Research Data .          . . 13 Appendix (Page No. - 157)     13.1 Insights of Industry Experts      13.3 Discussion Guide 

  5. Geographic Information System (GIS) Market Download PDF Brochure:- http://www.marketsandmarkets.com/pdfdownload.asp?id=55818039 The objective of the report is to provide a detailed analysis of the market on the basis of component, function, end user, and geography. The report provides detailed information regarding the major factors influencing the growth of this market.

  6. Company Coverage Major players involved in the software market include Autodesk, Inc. (US), Bentley System, Incorporated (US), Environmental Systems Research Institute, Inc. (Esri) (US), General Electric Co. (US), Hexagon AB (Sweden), Pitney Bowes Inc. (US), Topcon Corporation (Japan), and Trimble Inc. (US). The hardware market was dominated by key players such as Hexagon AB (Sweden), Trimble Inc. (US), Topcon Corporation (Japan), Hi-Target Surveying Instrument Co., Ltd. (China), and Beijing Unistrong Science & Technology Co., Ltd. (China). The other players in this market include Blue Marble Geographics (US), Caliper Corporation (US), Computer Aided Development Corporation Ltd. (Cadcorp) (UK), Geosoft Inc. (Canada), Handheld Group (Sweden), Harris Corporation (US), Hi-Target Surveying Instrument Co. Ltd. (China), MacDonald, Dettwiler and Associates Ltd. (Canada),  PASCO CORPORATION (Japan), and SuperMap Software Co., Ltd. (China). Speak To Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=55818039

  7. Summary The geographic information system (GIS) market is expected to be worth USD 10.12 Billion by 2023, growing at a CAGR of 9.6% between 2017 and 2023. Development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and growing adoption of geospatial solutions in transportation are some of the major factors driving the growth of the market. The high cost of geospatial solutions and geographic data collection barriers poses major restraining factors for the growth of this market. The market has been segmented on the basis of component, function, end user, and geography. GIS collectors held the largest share of the overall market in 2016. GIS collectors are used for collecting data related to shop floors or fields. Data collection is a real time and event-oriented process carried out by construction professionals. GIS collectors derive data manually from a computer or directly from the place of their origin. The collectors allow construction professionals to carry out accurate measurements such as site reconnaissance, progress measurement, and site inspection. Moreover, collectors help in spatial analysis for manipulating, extracting, locating, and analyzing the geographic data. GIS collectors are widely adopted for capturing, storing, recovering, analyzing, and displaying spatial data. GIS collector is expected to dominate the market during the forecast period due to increasing demand for data capturing and mapping in agriculture, construction, and utilities.

  8. Get detail of this Report ? We atMarketsandMarkets, are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. For More Information:http://www.marketsandmarkets.com/Market-Reports/geographic-information-system-market-55818039.html Contact:Mr. RohanMarketsandMarkets™701 Pike Street,Suite 2175, Seattle,WA 98101, United States1-888-600-6441Email: sales@marketsandmarkets.com

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