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Global GIS Market 2018: Driving Factors, Market Forecast Analysis
More generically, it is a software tool that enables the user to create interactive sessions and analyze spatial information to produce efficient results pertaining to elements within a particular geography.

BriefingWire.com, 12/06/2018 - 7-dec-2018 The global GIS market is anticipated to grow at a higher CAGR of 10.31% during the period 2018-2022. Geographical information systems are a robust technology that enables the collection and accumulation of geographic data to assist the development of a particular domain. For instance, in agriculture, it is used to monitor the scope of arable land and growth of crops from season to season.

The GIS software enables the probability of data synthesis by combining the different layers of information to capture and retrieve the data in a more efficient manner. GIS is a powerful mean for storing, editing, sharing, and displaying geographically referenced information.

GIS market is driven by rising activities toward development of smart cities. Increase in urbanization and growth in infrastructural developments for water & land management are likely to propel the market growth during the forecast period. Rise in use of location-based services in the food & transport industry is one of the major contributors to the market development.

Request a Sample Copy of This Report: https://www.radiantinsights.com/research/global-gis-market-2018-2022/request-sample

Software vendors are now adapting to GIS based services as an additional feature in the software life cycle. Industry players are now enhancing the product based by introducing LiDAR technologies& cloud geographical information systems solutions as a part of their service. GIS market is segmented by component into hardware and software.

About GIS

A geographic information system (GIS) is a system tool that integrates software, hardware, and allied services to capture, analyse, store, manipulate, and present geographic or spatial data. A GIS is used by various end-user industries such as government, natural resources, military, utilities, and telecommunications.

Covered in this report

The report covers the present scenario and the growth prospects of the Global GIS Market. To calculate the market size, the report considers the revenue generated from the sales of software, data, and services for different end-user industries.

The market is divided into the following segments based on geography:

• Americas

• APAC

• EMEA

This report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Autodesk

• ESRI

• HEXAGON

• Maxar Technologies

• Pitney Bowes

Market driver

• Integration of BIM and GIS

• For a full, detailed list, view our report

Market challenge

• Communication gap between developers and end-users

• For a full, detailed list, view our report

Market trend

• Development of indigenous mapping systems

• For a full, detailed list, view our report

Browse Full Research Report With TOC: https://www.radiantinsights.com/research/global-gis-market-2018-2022

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

 
 
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