A recent report published by
Infinium Global Research on geographic information system market provides in
depth analysis of segments and sub-segments in global as well as regional
markets of geographic information system market. The study also highlights the
impact of drivers, restraints and macro indicators on the global and regional
markets of geographic information system over the short term as well as long
term. The report is a comprehensive presentation of trends, forecast and dollar
values of global geographic information system market. According to report the
global geographic information system market is projected to grow at a CAGR of
9.1% over the forecast period of 2018 - 2024.
Market Insights
The geographic information system
market is driven by infrastructural developments such as water and land
management, services and urban planning. Several decisions are taken using GIS,
right from tracking a store location to predicting climate change and analyzing
a crime pattern. Additionally, geographic information system is driven by the
smart cities coupled with increasing location based services. However, lack of
awareness regarding geographic information system for land managing solution is
the factor restraining the growth of the market. The rising application of
geographic information system in the field of construction is anticipated to
boost the market demand over the forecast period. Similarly, the demands for
location-based services, such as real-time status and control of a valve, have
been on a rising opportunity around the globe.
Segments Covered
The report on global geographic
information system market covers segments such as devices, components, usage
and application. The devices segments include mobile and desktop. On the basis
of components the global geographic information system market is categorized
into hardware, software and services. Furthermore, on the basis of usage the
geographic information system market is segmented as mapping, navigation and
surveying. On the basis of application the geographic information system
market is segmented as construction,
mining and geology, aerospace and defense, transport and logistics, oil &
gas, agriculture, utilities and government.
Geographic Coverage
The report provides regional
analysis covering geographies such as North America, Europe, Asia-Pacific, and
Rest of the World. In this section the key trends and market size for each
geography is provided over the period of 2016 – 2024. The countries covered in
the North America region include the U.S., Canada, and Mexico; while
Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among
others. Moreover, European region covers countries such as Germany, UK, France,
Spain, and rest of Europe. The U.S. drives the growth in the North America region
as it is the largest market in the region. The Asia-pacific region offers a
substantial potential for the market growth owing to rapid growth in markets
such as India and China. The APAC region is projected to experience a growth at
a CAGR of x.x% over the period of 2018 - 2024.
Companies Profiled:
The report provides profiles of
the companies in the global geographic information system market such as, Bentley
Systems, Inc, Hexagon AB, SuperMap Software Co., Ltd, Autodesk Inc., The
Economic and Social Research Institute, Trimble, Inc, AutoNavi Software Co.,
Ltd, Topcon Positioning Systems, CARTO, and Pitney Bowes Inc.
Report Highlights:
The report provides deep insights
on demand forecasts, market trends and micro and macro indicators. In addition,
this report provides insights on the factors that are driving and restraining
the global geographic information system market. Moreover, IGR-Growth Matrix
analysis given in the report brings an insight on the investment areas that
existing or new market players can consider. The report provides insights into
the market using analytical tools such as Porter’s five forces analysis and DRO
analysis of geographic information system market. Moreover, the study
highlights current market trends and provides forecast from 2018 to 2024. We
also have highlighted future trends in the geographic information system market
that will impact the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight on the
market share of the leading players. Additionally, the analysis highlights rise
and fall in the market shares of the key players in the market. This report
will help manufacturers, suppliers and distributors of the geographic
information system market to understand the present and future trends in this
market and formulate their strategies accordingly.
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