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Geospatial Intelligence: Forecasting the Growth of the GIS Market

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

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Geospatial Intelligence: Forecasting the Growth of the GIS Market

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  1. MarketsandMarkets Presents The Global Geographic Information Systems (GIS) Market Size is expected to grow from USD 8.1 billion in 2020 to USD 14.5 billion by 2025 at a CAGR of 12.4% from 2020 to 2025. A few key factors driving the growth of this market include the development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and the adoption of GIS solutions in the transportation sector. Get Sample PDF @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=558 18039

  2. MarketsandMarkets Presents Key Players: Major players involved in the GIS Software Market include Autodesk Inc. (US), Bentley System, Inc. (US), Environmental Systems Research Institute, Inc. (Esri) (US), Hexagon AB (Sweden), Pitney Bowes Inc. (US), Topcon Corporation (Japan), and Trimble Inc. (US). The other players in this market include Maxar Technologies Inc. (US), Hi-Target Surveying Instrument Co. Ltd. (China), TomTom International (Netherlands),SuperMap Software Co., Ltd (China), General Electric Co. (US), FARO Technologies, Inc. (US), L3Harris Technologies, Inc. (US), Takor Group Ltd. (Australia), Maptoss Technologies Pvt. Ltd. (India), Computer Aided Development Corporation Limited (UK), Blue Marble Geographics (US), and PASCO CORP. (Japan).

  3. MarketsandMarkets Presents “Mapping function held the largest market size in the overall GIS Market “ The mapping function held the largest share of the Global Geographic Information System (GIS) Market in 2020. Mapping offers a better decision making for selection of agriculture sites, natural resource extraction, disaster management, urban planning, and transportation modeling. Hence, the use of mapping technologies has been growing at a rapid pace in numerous application sectors, including construction, infrastructure, defense and security, transportation, agriculture, forestry, and environment. Urban planning and smart city development program in developing countries, such as India and China, have contributed to the market growth of mapping function.

  4. MarketsandMarkets Presents “GIS collectors to dominate the market for GIS hardware during the forecast period” GIS users face challenges for data collection in closed or covered areas, such as dense forests. GIS collectors offer reliable and accurate data collection in these areas. Some of these GIS collectors are integrated with cellular modems, GPS, cameras, and displays. GIS collector hardware type is expected to dominate the GIS market during the forecast period due to the increasing demand for GIS collectors for data capturing and mapping in the agriculture, construction, and utility sectors. GIS collector offers field data collection in both online and offline mode. It also supports external GNSS/GPS receivers for improved spatial data collection.

  5. MarketsandMarkets Presents “Transportation sector held the largest market size in the overall GIS Market” Transportation has created an ever-increasing demand for GIS-based technologies. With the emergence of telematics and navigation applications, GIS is expected to play a vital role in the transportation sector. GIS is adopted widely in the transportation industry for applications such as highway and roadway management, real-time traffic data monitoring, railway route planning, and transportation modeling.

  6. MarketsandMarkets Presents “APAC expected to grow at the highest rate between 2020 and 2025” APAC is expected to be the fastest-growing GIS market during the forecast period. In this region, geospatial technologies are being utilized for rural and agricultural development over the last decade. In APAC, companies across various sectors, such as architecture, engineering & construction, mining & manufacturing, and agriculture, are using GIS technologies to identify the potential markets and using geospatial information to make strategic decisions. View Full Content here - https://www.marketsandmarkets.com/Market-Reports/geographic- information-system-market-55818039.html

  7. MarketsandMarkets Presents 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.

  8. MarketsandMarkets Presents Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/geographic- information-system.asp

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