Geographic Information System Market by Offering (Hardware, Services, Software), Function (Location-Based Services, Mapping, Surveying), End-User - Global Forecast 2024-2030

Geographic Information System Market by Offering (Hardware, Services, Software), Function (Location-Based Services, Mapping, Surveying), End-User - Global Forecast 2024-2030

The Geographic Information System Market size was estimated at USD 12.64 billion in 2023 and expected to reach USD 13.92 billion in 2024, at a CAGR 10.36% to reach USD 25.21 billion by 2030.

A geographic information system (GIS) is an integrated framework that allows for the management, analysis, and visualization of spatial and geographic data. GIS is an amalgamation of cartography, statistical analysis, and database technology. This system is employed to capture, store, manipulate, analyze, manage, and present various types of geographical information. GIS constitutes hardware, software, data, and human expertise. Hardware such as the computers on which GIS software runs and GPS devices used for data collection. The software provides tools for mapping, spatial querying, and statistical analysis of data. As businesses and government agencies realize the value of geographically contextualized information, the reliance on GIS grows. Additionally, increased investments in infrastructure and urban planning, particularly in emerging economies, are going to propel the demand for GIS solutions. However, the high initial cost of GIS solutions can be prohibitive for small businesses and emerging economies. Data privacy and security concerns stemming from storing and handling geospatial data pose significant challenges. The complexity of integrating GIS with existing systems and ensuring interoperability among different technologies can impede the adoption of GIS. Furthermore, technological advancements, such as real-time data analysis, the Internet of Things, and cloud computing, further provide substantial opportunities by enhancing GIS capabilities. Autonomous and connected vehicles represent a burgeoning segment, relying on high-precision maps and spatial data for navigation.

Regional Insights

In the American region, consumer spending is driven by technological innovation with a specific interest in sustainability and ethical sourcing. Increasing adoption of GIS technology for urban planning and resource management boosts GIS expansion across the region. Significant potential for growth in eCommerce and improving internet penetration fueling the GIS adoption in the American region. European Union (EU) countries exhibit a strong inclination toward products that uphold data protection and privacy, which ties into the explicit policies that they adhere to, such as GDPR. EU consumers are becoming more digital, with initiatives to improve digital infrastructure and skills. The Middle East with high purchasing power and advancements in technology such as blockchain are providing a healthy environment for GIS adoption. Investment in renewable energy and sustainability initiatives is apparent, matching the region's commitment to diversifying beyond oil reliance. The Asia-Pacific region encompasses highly influential economies such as China, Japan, and India. The APAC region witnesses a consumer base that is tech-savvy and increasingly turning toward eCommerce platforms. The APAC region has a consumer market that values quality and innovation, with considerable investment in robotics and automation. A burgeoning demand for consumer goods, digital services, and infrastructure development, with substantial investment from both domestic and international sources, is expanding the market share of GIS in the APAC region.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Geographic Information System Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Rising investments and the need for urban and regional planning across economies
    • Integration of geographical data for better analysis and prediction in agriculture
    • Increasing number of archaeological projects worldwide
    • Market Restraints
      • High cost associated with integration and deployment
      • Market Opportunities
        • Integration of IoT technology to geographic information systems
        • Potential use of GIS in analyzing, predicting, and mitigating the impact of natural disasters
        • Market Challenges
          • Technical complexities owing to heterogeneous data
          • Market Segmentation Analysis
            • Offering: Expanding usage of GIS software that provides tools for the input, management, analysis, and visualization of spatial data
            • Function: Increasing potential of GIS for versatile and highly detailed mapping
            • End-User: Significant potential of GIS in aerospace & defense for navigation and mission planning
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Geographic Information System Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Geographic Information System Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • SAM Companies Acquires Wellston Associates Land Surveyors
              
              SAM, LLC announced the strategic acquisition of Wellston Associates Land Surveyors, LLC, a geomatics firm, based in Warner Robins, Georgia. Through this acquisition, SAM enhances its profile by integrating Wellston’s exceptional expertise in boundary, topographic, and digital mapping services. This move strengthens SAM's infrastructure capabilities and extends its reach within Georgia and the Southeast.
              
              Mapbox Equips Connected Cars and Apps With AI Maps, Backed By New USD 280 Million Investment From Softbank
              
              Mapbox closed a USD 280 million Series E funding round spearheaded by SoftBank Group Corp. This investment propels Mapbox's initiatives, particularly in artificial intelligence (AI) powered location services, and solidifies its growth in the automotive sector. The company's innovative approach integrates data with AI processing to enhance automotive, logistics, and mobile applications.
              
              Attentive.ai Launches Accelerate
              
              Attentive.ai introduced its monumental software initiative, Accelerate, a fully integrated landscape business management system designed to innovate how landscaping services are administered. With Accelerate, Attentive.ai establishes a new benchmark in business optimization, assuring a comprehensive toolkit for enhanced organizational productivity and management.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Geographic Information System Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Geographic Information System Market, highlighting leading vendors and their innovative profiles. These include Abaco SpA, AmigoCloud, Inc., Attentive Inc., Autodesk, Inc., BatchGeo LLC, Bentley Systems, Incorporated, Blackshark.ai GmbH, Blue Marble Geographics, Cadcorp Limited, Caliper Corporation, Carlson Software Inc., CartoDB Inc., ComNav Technology Ltd., Environmental Systems Research Institute, Inc., Galigeo SAS, General Electric Company, Geospin GmbH, Golden Software, LLC, Google LLC by Alphabet Inc., Hexagon AB, Hexasoft Development Sdn. Bhd., Hitachi, Ltd., L3Harris Technologies, Inc., Mapbox, Inc., Maxar Technologies Holdings Inc., Microsoft Corporation, NV5 Global, Inc., Orbital Insight, Inc., Pasco Corporation, Pitney Bowes Inc., Precisely Software Incorporated, Shanghai Huace Navigation Technology Ltd., Surveying And Mapping, LLC, TomTom International BV, Topcon Corporation, and Trimble Inc..
            
            Market Segmentation & Coverage
            
            This research report categorizes the Geographic Information System Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Offering
              • Hardware
                • Computer & Data Storage Devices
                • Global Positioning System Units
                • Plotter
                • Scanners & Digitizer
                • Services
                • Software
                  • Data Acquisition
                  • Database Management
                  • Graphical Output & Visualization
                  • Spatial Manipulation & Analysis
                  • Function
                    • Location-Based Services
                    • Mapping
                    • Surveying
                    • Telematics & Navigation
                    • End-User
                      • Aerospace & Defense
                      • Automotive & Transportation
                      • Banking, Financial Services & Insurance
                      • Building, Construction & Real Estate
                      • Consumer Goods & Retail
                      • Education
                      • Energy & Utilities
                      • Government & Public Sector
                      • Healthcare & Life Sciences
                      • Information Technology & Telecommunication
                      • Manufacturing
                      • Media & Entertainment
                      • Travel & Hospitality
                      • Region
                        • Americas
                          • Argentina
                          • Brazil
                          • Canada
                          • Mexico
                          • United States
                            • California
                            • Florida
                            • Illinois
                            • New York
                            • Ohio
                            • Pennsylvania
                            • Texas
                            • Asia-Pacific
                              • Australia
                              • China
                              • India
                              • Indonesia
                              • Japan
                              • Malaysia
                              • Philippines
                              • Singapore
                              • South Korea
                              • Taiwan
                              • Thailand
                              • Vietnam
                              • Europe, Middle East & Africa
                                • Denmark
                                • Egypt
                                • Finland
                                • France
                                • Germany
                                • Israel
                                • Italy
                                • Netherlands
                                • Nigeria
                                • Norway
                                • Poland
                                • Qatar
                                • Russia
                                • Saudi Arabia
                                • South Africa
                                • Spain
                                • Sweden
                                • Switzerland
                                • Turkey
                                • United Arab Emirates
                                • United Kingdom
                                
                                
                                Please Note: PDF & Excel + Online Access - 1 Year