The Asia Pacific GIS Market size is estimated at USD 16.55 billion in 2024, and is expected to reach USD 25.56 billion by 2029, growing at a CAGR of 9.08% during the forecast period (2024-2029).
The Asia-Pacific GIS market is experiencing robust growth driven by increasing demand for location-based services, government initiatives for infrastructure development, and the rising adoption of GIS in various industries.
The Asia-Pacific GIS market is fragmented due to major players like Autodesk Inc., Mappointasia (Thailand) Public Company Limited, Bentley Systems Incorporated, Trimble Inc., and Google LLC (Alphabet Inc.). Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In February 2024, Hexagon’s group part, Leica Geosystems, unveiled the new Leica TerrainMeasuring and Recording Airborne LiDAR (TerrainMapper)-3 airborne sensor. This sensor offers new scan pattern configurations to support the broadest range of applications and needs in a single solution. The higher scan rate enables customers to fly their aircraft more quickly while maintaining the best data quality. The 60-degree customizable field of view optimizes data collection by reducing the number of flight lines. In addition to the TerrainMeasuring-3, the company announced the addition of a 4-band Leica Microfocal Camera (MFC150). The MFC150 has the same 60-degree field of view as the TerraMeasuring-3 LiDAR, ensuring accurate data consistency.
In January 2024, Maxar Technologies announced that it was awarded a contract by the NGA to provide high-resolution satellite images and data to produce 3D maps and model data. The Indo-Pacific (USSPA) region comprises South Asia, Southeast Asia, Oceania, and the Pacific islands. The US Indo-Pacific command is responsible for all US military operations in this region.
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