The global geographic information systems (GIS) market size is expected to grow from USD 8.1 billion in 2020 to USD 14.5 billion by 2025 at a CAGR of 12.4% from 2020 to 2025. Development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, growing investments in modern GIS solutions, and increasing accessibility of spatial data and cloud technology are some of the major factors driving the growth of the GIS market.
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Geographic Information System (GIS) Market and Top End-user Industries
- Transportation − GIS is gaining traction in transportation applications such as transportation planning, highway maintenance, traffic modeling, accident analysis, and route planning. GIS helps transportation planners to store and analyze geospatial data, as well as the mapping of transportation features with a base map. GIS tools can be used in managing, planning and evaluating transportation management systems. Transportation has created an ever-increasing demand for GIS-based technologies. With the emergence of telematics and navigation applications, GIS is expected to play a vital role in the transportation sector. GIS is widely adopted in the transportation industry for applications such as highway and roadway management, real-time traffic data monitoring, railway route planning, and transportation modeling.
- Architecture, Engineering, and Construction − Architecture, engineering, and construction industry is a leading adopter industry of geospatial technologies. GIS plays an important role in the mapping and surveying of construction sites and serves as a complete platform for infrastructure development life cycle. The demand for civil infrastructure is expected to reach new levels with the increase in population, rapid urbanization, and economic expansion. The integration of GIS with computer-aided design (CAD) tools enables professionals to effectively aggregate geographic data for civil infrastructure development. GIS helps in the conversion of raster and vector data for BIM-specific applications. BIM uses the geospatial data to create an intelligent design model for civil infrastructure projects.
- Utilities − GIS-based utility mapping is used for the mapping and modeling of utility management systems. Utilities are using geospatial technologies to assist in the setup of smart grids, asset management, and identify the damage or connectivity issues in pipelines, as well as analyze underground electric wire damages. In the utility sector, GIS is widely used by electric, gas, and water and wastewater organizations for resource management. It is also used in environmental monitoring and disaster management applications. GIS is used for the mapping and monitoring of utility assets such as wastewater pipes, machinery, and others. Accurate location data is required for water and wastewater management. GIS technologies are gaining traction as these offer accurate data and are feasible to implement for utility asset management.
- Oil & Gas − Geographic information systems play an important role in the oil & gas industry. Crude oil and gas are now found in the deeper layers of the earth’s crust than before, and hence it is essential to use precise technologies such as GIS for oil and gas exploration, as well as for its appropriate utilization. In the oil & gas industry, GIS technologies such as satellite imagery and airborne remote sensing are widely used for oil and gas exploration, drilling oil wells, and pipeline management.
- Agriculture − Agricultural land mapping plays a vital role in the management of land resources. High-resolution geospatial images collected from remote sensing and land surveying technologies are used to map and analyze soil data to improve farming methods and procedures. The use of GIS helps farmers to manage their land resources efficiently. In addition, GIS technologies offer agricultural land cover mapping and the assessment of crop damage caused by natural disasters.
“APAC expected to grow at the highest rate between 2020 and 2025”
APAC is expected to be the fastest-growing GIS market during the forecast period. In this region, geospatial technologies are being utilized for rural and agricultural development over the last decade. In APAC, companies across various sectors, such as architecture, engineering & construction, mining & manufacturing, and agriculture, are using GIS technologies to identify the potential markets and using geospatial information to make strategic decisions. Surveying and mapping technologies are used widely in the APAC region. In addition, the development of smart cities in China, India, and other Southeast Asian countries has driven demand for GIS in this region.
Major players involved in the GIS software market include Autodesk Inc. (US), Bentley System, Inc. (US), Environmental Systems Research Institute, Inc. (Esri) (US), Hexagon AB (Sweden), Pitney Bowes Inc. (US), Topcon Corporation (Japan), and Trimble Inc. (US).
The other players in this market include Maxar Technologies Inc. (US), Hi-Target Surveying Instrument Co. Ltd. (China), TomTom International (Netherlands),SuperMap Software Co., Ltd (China), General Electric Co. (US), FARO Technologies, Inc. (US), L3Harris Technologies, Inc. (US), Takor Group Ltd. (Australia), Maptoss Technologies Pvt. Ltd. (India), Computer Aided Development Corporation Limited (UK), Blue Marble Geographics (US), and PASCO CORP. (Japan).
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