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The global geographic information system (GIS) market is expected to witness a CAGR of 9.04% over the forecast period of 2019-2027. It is anticipated to reach $13347.64 million by 2027.
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Geographic Information System (GIS)Market 2019-2027
MARKET OUTLOOK o As Research, the global geographic information system (GIS) market is predicted to show a compelling growth with a CAGR of 9.04% in terms of revenue during the forecasting period 2019-2027. o The rise in the adoption of GIS, increasing demand for spatial data, and the rise in smart cities drive the geographic system (GIS) market. per the analysis by Triton Market information o A geographic information system helps to capture, manipulate, analyze, store, manage, and present all types of geographical data.
REGIONAL OUTLOOK • The global geographic information system (GIS) market report covers the regions of North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. • North America is predicted to dominate the overall GIS market in terms of revenue during the forecasted years, holding the largest market share. The region is one of the early adopters of GIS. • The growth in enterprise mobility and an increase in the adoption of GPS and location-based services have been contributing to the growth of the GIS market. Along with that, various initiatives taken by the governments are boosting the market growth.
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COMPETITIVE OUTLOOK Hexagon AB, ESRI, Autodesk Inc., Bentley Systems Inc., General Electric Company, Pitney Bowes Inc., Trimble Inc., Macdonald, Dettwiler and Associates Corporation (MDA), Caliper Corporation, Computer Aided Development Corporation Ltd., Supermap Software Co., Ltd., Hi-Target Surveying Instrument Co. Ltd., Takor Group, Atkins Plc, and Fugro NV are the leading companies in the geographic information system (GIS) market.
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