Global Geographic Information System Market Growth (Status and Outlook) 2023-2029

Global Geographic Information System Market Growth (Status and Outlook) 2023-2029

A geographic information system (GIS) is a system designed to capture, store, manipulate, analyze, manage, and present spatial or geographic data. The acronym GIS is sometimes used for geographic information science (GIScience) to refer to the academic discipline that studies geographic information systems and is a large domain within the broader academic discipline of geoinformatics. What goes beyond a GIS is a spatial data infrastructure, a concept that has no such restrictive boundaries.

LPI (LP Information)' newest research report, the “Geographic Information System Industry Forecast” looks at past sales and reviews total world Geographic Information System sales in 2022, providing a comprehensive analysis by region and market sector of projected Geographic Information System sales for 2023 through 2029. With Geographic Information System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Geographic Information System industry.

This Insight Report provides a comprehensive analysis of the global Geographic Information System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Geographic Information System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Geographic Information System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Geographic Information System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Geographic Information System.

The global Geographic Information System market size is projected to grow from US$ 2747.9 million in 2022 to US$ 4049.4 million in 2029; it is expected to grow at a CAGR of 5.7% from 2023 to 2029.

The increasing use of GIS in marketing is one of the key growth drivers of this market. GIS helps identify relations between customers’ geographical presence and organizations’ marketing campaigns. Moreover, organizations are increasingly using GIS technology to improve their customer segmentation and targeting as it provides customer details based on customer culture, lifestyle, demography, buying behaviour, other important details. Furthermore, the financial services and retail industries also using GIS technology for effective marketing campaigns

This report presents a comprehensive overview, market shares, and growth opportunities of Geographic Information System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
GIS Collectors
Total Stations
Imaging Sensors
GNSS/GPS Antennas
LIDAR

Segmentation by application
Agriculture
Construction
Transportation
Utilities
Oil & Gas
Mining

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Esri
Hexagon
Pitney Bowes
Rolta India
MDA
Autodesk
GE Energy
China Information Technology
SuperMap

Please note: The report will take approximately 2 business days to prepare and deliver.