A geographic information system captures, stores, analyzes, and manages geographic data and helps recognize and understand spatial relationships.
PORTLAND, PORTLAND, OR, USA, Jan. 13, 2022 /EINPresswire.com/ — Increasing adoption of GIS for facility management, integrating GIS with mainstream business intelligence technologies, increasing demand for GIS software for the development of smart cities, and urban planning has fueled the growth of the global GIS software market. On the other hand, the high cost and availability of open source GIS software has hampered the growth to some extent. Nevertheless, the adoption of advanced technologies such as augmented reality, virtual reality and IoT for GIS, emerging technologies such as geospatial AI and the development of 4D GIS software have created a number of opportunities in the market.
Based on the type of GIS software, the desktop GIS segment held the highest market share in 2017, contributing nearly two-fifths of the total market. Being the most commonly used GIS solution, it has all the basic functionality of GIS, which in turn, has worked as the main driver for its growth. Simultaneously, the others segment is expected to grow at the highest CAGR of 13.8% during the forecast period. The report also offers information about Server GIS, Developer GIS, and Mobile GIS.
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The transport and logistics segment to maintain its leadership throughout 2018-2025. On an end-user basis, the transportation and logistics segment accounted for nearly one-fifth of the total market in 2017 and is expected to remain dominant by 2025. Increasing adoption of advanced technologies such as connected cars, advanced telematics and navigation systems have driven growth. Simultaneously, the agriculture segment is expected to grow at the highest CAGR of 14.0% during the study period.
Major market players analyzed in the report are Autodesk, SuperMap, Trimble, ESRI, Hexagon AB (Intergraph), Pitney Bowes, Caliper, Computer Aided Development Corporation Limited (Cadcorp), General Electric Co. and Bentley System. They have adopted several high-end strategies and managed to retain their strong hold in the industry.
Based on the region, North America contributed more than a third of the total market in 2017 and is expected to dominate throughout the forecast period. Factors contributing to the highest share of this market in the region include large amount of data generated daily by several organizations and adoption of advanced technologies as well as digitization.
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