The Geographic Information System (GIS) Market is projected to reach USD 14.5 Billion in 2025, at a CAGR of 12.4% during the forecast period.
A geographic information system (GIS) is an electronic information system that analyzes, integrates, and displays information based on geographic locations. It provides a visual representation of geographic analysis on maps. Geospatial technology is used to acquire, manipulate, and store the geographic information. This market holds several opportunities for startups and new entrants to enable them to expand their businesses.
A geographic information system (GIS) captures, stores, manipulates, analyzes, manages, and displays spatial or geographic data on a map. The GIS market includes software and hardware products. The software solutions include desktop GIS, server GIS, developer GIS, and others. Hardware includes GNSS/GPS antennas, LiDAR, GIS collectors, total stations, and imaging sensors. Major industries in this study include agriculture, oil & gas, architecture, engineering, & construction, mining, transportation, utilities, retail, healthcare, government, and others.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=55818039
Key Players:
Some of the major players in the Geographic Information System (GIS) market are Environmental Systems Research Institute, Inc. (ESRI) (US), Hexagon AB (Sweden), Pitney Bowes Inc. (US), Autodesk, Inc. (US), Trimble Inc. (US), Bentley Systems, Incorporated (US), General Electric Co. (US), Blue Marble Geographics (US), Maxar Technologies Inc. (US), Caliper Corporation (US), Computer Aided Development Corporation Limited (Cadcorp) (UK), and ABACO Group (Italy). These players have adopted various growth strategies such as contracts, joint ventures, partnerships & agreements, acquisitions, and new product launches to expand their presence in the Geographic Information System (GIS) Market.
Role of GIS in Agriculture
GIS is used in the survey of plantation crops and management of fertilizers, pesticides, and insecticides. GIS is an essential tool for mapping and managing agricultural resources as it provides analytics and assists users in decision-making for crop planning and land-resource management. GIS plays a crucial role in agriculture by increasing yields, managing agricultural resources, predicting outcomes of yield, and improving farm practices. Agricultural land mapping plays a vital role in the management of land resources. High-resolution geospatial images collected from remote sensing and land surveying are used to map and analyze soil data to improve farming methods and procedures. The use of GIS helps farmers to manage their land resources efficiently. In addition, GIS technologies offer agricultural land cover mapping and assessment of crop damage caused by natural disasters.
Significance of GIS in Oil & Gas
Geographic information system plays an important role in the oil & gas industry. Crude oil and gas are now found in deeper layers of the earth’s crust than before, and hence it is essential to use precise technologies such as GIS for oil and gas exploration as well as for its appropriate utilization. In oil & gas, GIS technologies such as satellite imagery and airborne remote sensing are widely used for oil and gas exploration, drilling oil wells, and pipeline management. GIS provides insight on the selection of areas for an exploration drilling process. Exploration drilling and pipeline management require accurate geographical data mapping. In addition, GIS provides assistance in locating new oil and gas resources and manage its extraction and supply.
Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/geographic-information-system-market-55818039.html
GIS helps in engineering and designing of construction projects
Construction end user is a leading adopter of geospatial technologies. GIS plays an important role in mapping and surveying of construction sites and serves as a complete platform for infrastructure development life cycle. Urban planning and infrastructure development require accurate mapping and surveying of the geographic area. GIS can accurately assess construction projects such as a dam, bridge, sewer, canal, industrial park, water management, and power plant. GIS tools are integrated with computer-aided design (CAD) tools for civil engineering applications. The increasing urbanization and growing population have created an urge for the use of GIS for systematic and synchronized planning of land and other resources. Some of the important applications of GIS in construction are land surveying, building information modeling (BIM), land cover mapping, property assessment, urban planning, and smart city planning.
Role of GIS in transportation planning
GIS is gaining traction in transportation applications such as transportation planning, highway maintenance, traffic modeling, accident analysis, and route planning. GIS helps transportation planners to store and analyze geospatial data as well as mapping of transportation features with a base map. GIS plays a significant role in highway infrastructure management and development of roads, bridges, and railway routes. With the increase in urbanization, there is a need for effective transportation planning. GIS tool can be used in managing, planning and evaluating transportation management systems. Integration of transportation information system (TIS) with GIS is commonly referred to as GIS for transportation (GIS-T). With the growing adoption of GIS in transportation, companies are focusing on developing transportation-specific GIS applications. For instance, Caliper Corporation (US) offers TransCAD, GIS software, specially designed for transportation applications such as traffic modeling and transportation planning.
News Covered:
https://www.prnewswire.co.uk/news-releases/geographic-information-system-market-worth-14-5-billion-by-2025-exclusive-report-by-marketsandmarkets-tm--807489572.html
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Visit Our Website: https://www.marketsandmarkets.com
