Geographic Information System Market: Leading application modern Agriculture industry

 According to the new market research report on the "Geographic Information System Market by Offering (Hardware (GIS Collector, Total Station, LiDAR), Software, Services), Function (Mapping, Surveying, Telematics and Navigation, Location-Based Service), Industry, Region - Global Forecast to 2025", 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. A few key factors driving the growth of this market include the development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and the adoption of GIS solutions in the transportation sector.

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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.

“GIS market for the agriculture industry is expected to grow at highest CAGR during the forecast period

The GIS industry for the agriculture industry is expected to grow at the highest CAGR during the forecast period. GIS solutions help farmers to achieve increased productivity and reduced costs by enabling better management of land resources. GIS can reduce the risk of marginalization and vulnerability of small and marginal farmers globally. Furthermore, there is a considerable demand for GIS in the agriculture industry for livestock monitoring, crop management, and the monitoring and management of soil and the irrigation of farmlands. The growth of the global agriculture sector, coupled with the increasing penetration of technology in the field, is expected to drive the growth of the GIS market.

“APAC to be the fastest-growing region in the geographic information system market during the forecast period”

APAC is expected to be the fastest-growing region in the global GIS market. With the increasing infrastructural growth in various countries in the region, GIS is expected to be used for smart city planning and urban development programs.

China is investing heavily in infrastructure development and urban area planning. This investment in the construction industry would boost the market for geospatial surveying technologies such as GNSS receivers and GIS collectors. The growth of the construction industry in Japan is creating opportunities for the GIS market in construction processes. With the emerging urban sector in India, there has been a considerable demand for geospatial technologies that can support various types of urban development projects.

Key Market Players

Environmental Systems Research Institute, Inc. (Esri) (US), Hexagon AB (Sweden), Pitney Bowes Inc. (US), Autodesk Inc. (US), Trimble Inc. (US), Topcon Corporation (Japan), Hi-Target Surveying Instrument Co. Ltd. (China), Bentley Systems Inc. (US), Caliper Corporation (US), Computer Aided Development Corporation Ltd. (Cadcorp) (UK), SuperMap Software Co. (China), Harris Corporation (US), and Maxar Technologies Inc. (US) are among a few major players in the geographic information system market.

Trimble (US) is one of the key players in the GIS market, with operations in all the major geographic regions. It is also a leading provider of location-based solutions, including 3D scanners and software solutions. Product launches and acquisitions are the major strategies adopted by the company to compete in the market. It has launched several new GIS solutions in the fiscal year 2018–2019; the company continuously focuses on the development of advanced technologies and product enhancement. The company has acquired two major businesses providing products and services that are in sync with its geospatial and surveying solutions. The company caters to a variety of end-users, including agriculture, construction, natural resources, utilities, government, and transportation and logistics.

Pitney Bowes (US) is a leading provider of customer information management, location intelligence, shipping and mailing, and e-commerce solutions. The company has an extensive geographic presence across regions, such as North America, Europe, APAC, Africa, and the Middle East. It invests lesser in R&D compared with other players in the market. The company focuses on alliances and partnerships with strategic companies to grow in the market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Global Geographic Information System Market Trends, Segmentation, Analysis, Opportunities And Forecast To 2025

 According to the new market research report on the "Geographic Information System Market by Offering (Hardware (GIS Collector, Total Station, LiDAR), Software, Services), Function (Mapping, Surveying, Telematics and Navigation, Location-Based Service), Industry, Region - Global Forecast to 2025", 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. A few key factors driving the growth of this market include the development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and the adoption of GIS solutions in the transportation sector.

Download PDF Brochure:- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=55818039

“Mapping function held the largest market size in the overall GIS market “

The mapping function held the largest share of the global GIS market in 2020. Mapping offers a better decision making for selection of agriculture sites, natural resource extraction, disaster management, urban planning, and transportation modeling. Hence, the use of mapping technologies has been growing at a rapid pace in numerous application sectors, including construction, infrastructure, defense and security, transportation, agriculture, forestry,  and environment. Urban planning and smart city development program in developing countries, such as India and China, have contributed to the market growth of mapping function.

“GIS collectors to dominate the market for GIS hardware during the forecast period”

GIS users face challenges for data collection in closed or covered areas, such as dense forests. GIS collectors offer reliable and accurate data collection in these areas. Some of these GIS collectors are integrated with cellular modems, GPS, cameras, and displays.  GIS collector hardware type is expected to dominate the GIS market during the forecast period due to the increasing demand for GIS collectors for data capturing and mapping in the agriculture, construction, and utility sectors. GIS collector offers field data collection in both online and offline mode. It also supports external GNSS/GPS receivers for improved spatial data collection.

“Transportation sector held the largest market size in the overall GIS market”

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 adopted widely in the transportation industry for applications such as highway and roadway management, real-time traffic data monitoring, railway route planning, and transportation modeling.

“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).

Don’t miss out on business opportunities in Geographic Information System Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Which end users are expected to drive the growth of the GIS Market in the next 5 years?

 According to the new market research report on the "Geographic Information System Market by Offering (Hardware (GIS Collector, Total Station, LiDAR), Software, Services), Function (Mapping, Surveying, Telematics and Navigation, Location-Based Service), Industry, Region - Global Forecast to 2025", 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. A few key factors driving the growth of this market include the development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and the adoption of GIS solutions in the transportation sector.

The market for the agriculture industry is expected to grow at the highest CAGR during the forecast period. The agriculture industry would have high growth opportunity for GIS in various applications such as livestock monitoring, crop management, and the monitoring and management of soil. Also, the new technological innovations in IoT sensors for crop monitoring will boost the growth of GIS market in agriculture sector.

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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).

Don’t miss out on business opportunities in Geographic Information System Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Who are Top End-user Industries for Geographic Information System Market

 According to the new market research report on the "Geographic Information System Market by Offering (Hardware (GIS Collector, Total Station, LiDAR), Software, Services), Function (Mapping, Surveying, Telematics and Navigation, Location-Based Service), Industry, Region - Global Forecast to 2025", 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. A few key factors driving the growth of this market include the development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and the adoption of GIS solutions in the transportation sector.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=55818039

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).

Don’t miss out on business opportunities in Geographic Information System Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Geographic Information System (GIS) Market and Top End-user Industries

According to the new market research report on the "Geographic Information System Market by Offering (Hardware (GIS Collector, Total Station, LiDAR), Software, Services), Function (Mapping, Surveying, Telematics and Navigation, Location-Based Service), Industry, Region - Global Forecast to 2025", 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. A few key factors driving the growth of this market include the development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and the adoption of GIS solutions in the transportation sector.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=55818039

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).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

GIS market for the agriculture industry is expected to grow at highest CAGR

According to the new market research report on the "Geographic Information System Market by Offering (Hardware (GIS Collector, Total Station, LiDAR), Software, Services), Function (Mapping, Surveying, Telematics and Navigation, Location-Based Service), Industry, Region - Global Forecast to 2025", 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. A few key factors driving the growth of this market include the development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and the adoption of GIS solutions in the transportation sector.

Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=55818039

GIS market for the agriculture industry is expected to grow at highest CAGR during the forecast period

The GIS industry for the agriculture industry is expected to grow at the highest CAGR during the forecast period. GIS solutions help farmers to achieve increased productivity and reduced costs by enabling better management of land resources. GIS can reduce the risk of marginalization and vulnerability of small and marginal farmers globally. Furthermore, there is a considerable demand for GIS in the agriculture industry for livestock monitoring, crop management, and the monitoring and management of soil and the irrigation of farmlands. The growth of the global agriculture sector, coupled with the increasing penetration of technology in the field, is expected to drive the growth of the GIS market.

“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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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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AI in Computer Vision Market: Opportunity and Challenge

The AI in computer vision market was valued at USD 2.37 billion in 2017 and is expected to reach USD 25.32 billion by 2023, at a CAGR of 47.54% during the forecast period. In this report, 2017 has been considered as the base year, and the forecast period is from 2018 to 2023. The objective of the report is to define, describe, and forecast the AI in computer vision market, in terms of value, on the basis of vertical, component, and geography. The major factors that are expected to be driving the AI in Computer Vison Market include growing demand for edge computing in mobile devices, increasing demand for computer vision systems in non–traditional and emerging applications and growing impact of AI in machine vision.

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Opportunity: Development of machine learning regarding vision technology

Applications that require speed, high resolution, and good sensitivity to light are expected to push the vision system technology forward. The future development of technologies, individual components, or complete systems is expected to concentrate mainly on enhanced resolution and speed, greater sensitivity, easier integration capabilities, and faster interfaces. These innovations also ensure constant advancements in new industries and for non-industrial applications. Advancement in camera dynamic range and resolution, computational cameras, real-time detection of moving objects, use of color information, analysis of point clouds, and cloud computing of machine vision are some of the technological developments that the computer vision industry is going to experience in the future.

For instance, Google Cloud Vision API enables developers to understand the content of an image by encapsulating powerful machine learning models. It classifies images into thousands of categories, detects individual objects and faces within images, and finds and reads printed words contained within images. It builds metadata on the user’s image catalog, or enable new marketing scenarios through image sentiment analysis. Furthermore, it analyzes images uploaded through a request or integrates with your image stored in Google Cloud.

In August 2016, Ford (US) acquired SAIPS (Israel) to integrate human-like intelligence into machine learning components of driverless car systems. SAIPS technology focuses on image- and video-processing algorithms and deep learning that enables processing and classifying input signals. The SAIPS technology enables on-board interpretation of data captured by sensors in Ford’s self-driving cars, and turns that data into usable information for the car’s virtual driver system.

This has enabled the development of machine learning into autonomous vehicles using vision technology.

Challenge: Premium pricing of AI hardware

AI is rapidly being incorporated into diverse applications in the cloud and at the network’s edge. AI hardware needs to be miniaturized into low-cost, reliable, high-performance chips to increase the adoption of AI. Companies such as Google (US), Apple (US), and Huawei (China) are including AI hardware components and software solutions in their flagship smartphones. These smartphones use AI in all applications ranging from imaging and photography to power efficiency and security. According to the recent trend, it can be predicted that the AI chipset market will grow rapidly by 2022; the price will drop approximately below USD 25 per chip, and the open-source ecosystem for real-time Linux on DL SOC will emerge. This as a result will trigger mass adoption of AI edge-client chipsets for mobiles and PCs/laptops, e.g., Snapdragon, an application processor that gives mobile phones the computing power to run sophisticated applications and software. Snapdragon is also used by other companies such as Toshiba (Japan), Acer (Taiwan), and Google (US). The short-term impact of premium cost of edge-based processors is expected to be a major challenge. However, in the long term, the overall economy of scale of the manufacturers of AI processors is expected to minimize the overall impact during the forecast period.

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AI in computer vision market in North America expected to hold the largest share in 2017

Major players operating in the AI in computer vision market include NVIDIA (US), Intel (US), Qualcomm (US), Apple (US), Alphabet (US), Microsoft (US), Facebook (US), Wikitude (Austria), Xilinx (California), Basler (Germany), Teledyne Technologies (US), Cognex (US), General Electric (US), and Avigilon (Canada).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Geographic Information System (GIS) Market Applications and Growth possibility

The geographic information system (GIS) market was valued at USD 5.33 Billion in 2016 and is expected to reach USD 10.12 Billion by 2023, growing at a CAGR of 9.6% between 2017 and 2023. Development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and growing adoption of GIS solutions in transportation are the key driving factors for the market.

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Geographic Information System (GIS) Market, by Application

• Agriculture
• Construction
• Transportation
• Utilities
• Mining
• Oil & Gas

Mapping function held the largest size in the overall GIS market

The mapping function held the largest market size in terms of value in 2016. Mapping offers better decision-making for selection of agriculture sites, natural resource extraction, disaster management, urban planning, and transportation modeling. Hence, the use of mapping technologies has been growing rapidly in construction, infrastructure, defense and security, transportation, agriculture, forestry, and environment. Urban planning and smart city development program in developing countries such as India and China have contributed to the market growth of mapping function.

GIS collectors expected to dominate the market for GIS hardware between 2017 and 2023

The users face issues in collecting data in closed or covered areas such as a dense forest. GIS collector helps users to collect reliable and accurate data in these areas. GIS collector is expected to dominate the hardware market during the forecast period owing to the increasing demand for collectors for capturing and mapping the data in agriculture, construction, and utilities. GIS collector offers field data collection in both online and offline modes. It also supports external GNSS/GPS receivers for improved spatial data collection.

Construction held the largest size in the overall GIS market

The increase in industrialization and urbanization propels the growth of the market in construction. The growing construction activities across the world has created a demand for surveying devices such as robotic total stations, GIS collectors, and GNNS-based receivers and antennas. Mapping and surveying functions are the major application areas for construction activities. GIS databases are widely used in the integration of geospatial data with CAD tools for engineering and designing of construction projects.

The APAC region is expected to be the fastest-growing region for the geographic information system (GIS) market. The use of GIS for transportation planning, highway and roadway management, forestry management, and precision farming is driving the growth of the market in this region. With the increasing infrastructural growth in various countries in APAC, GIS is expected to be implemented in smart city planning and urban development programs. China is investing heavily in infrastructure development and urban area planning. This investment in construction would drive the market for geospatial surveying devices such as GNSS receivers and GIS collectors. The growth of the market for construction in Japan is creating opportunities for geospatial technologies. With the emerging urban sector in India, there has been a huge demand for geospatial technologies that support various types of urban development projects.

Key market players such as Environmental Systems Research Institute, Inc. (Esri) (US), Hexagon AB (Sweden), General Electric Co. (US), Pitney Bowes Inc. (US), Autodesk, Inc. (US) , Trimble Inc. (US), Topcon Corporation (Japan), Hi-Target Surveying Instrument Co. Ltd. (China), Beijing Unistrong Science & Technology Co., Ltd. (China), Bentley Systems Incorporated  (US), Blue Marble Geographics (US), Caliper Corporation (US), Computer Aided Development Corporation Limited (Cadcorp) (UK), Geosoft Inc. (Canada), Golden Software LLC (US), SuperMap Software Co., Ltd. (China), Harris Corporation (US), and Manifold Software Limited (Hong Kong) are focusing on product launch and development, acquisition and collaboration, partnership and agreement strategies to enhance their product offerings and expand their business.

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Geographic information system Market | Role of GIS in Agriculture

According to the new market research report "Geographic Information System (GIS) Market by Component (Hardware (GIS Collector, Total Station, LIDAR, GNSS Antenna) & Software), Function (Mapping, Surveying, Telematics and Navigation, Location-Based Service), End User - Global Forecast to 2023", The geographic information system (GIS) market was valued at USD 5.33 Billion in 2016 and is expected to reach USD 10.12 Billion by 2023, growing at a CAGR of 9.6% between 2017 and 2023.

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Role of GIS in Agriculture

GIS is used in the survey of plantation crops and management of fertilizers, pesticides, and insecticides. GIS is an essential tool for mapping and managing agricultural resources as it provides analytics and assists users in decision-making for crop planning and land-resource management. GIS plays a crucial role in agriculture by increasing yields, managing agricultural resources, predicting outcomes of yield, and improving farm practices. Agricultural land mapping plays a vital role in the management of land resources. High-resolution geospatial images collected from remote sensing and land surveying 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 assessment of crop damage caused by natural disasters.

The objective of the report is to provide a detailed analysis of the Geographic Information System (GIS) Market on the basis of component, function, end user, and geography. The report provides detailed information regarding the major factors influencing the growth of this market.

APAC expected to grow at the highest rate between 2017 and 2023

APAC is expected to be the fastest-growing market for GIS during the forecast period. In this region, geospatial technologies are being utilized for rural and agricultural development over the last decade. In APAC, companies engaged in engineering and construction, mining and manufacturing, insurance, and agriculture are implementing geospatial technologies to identify potential markets and are using geospatial information to make strategic decisions. Surveying and mapping technologies are widely used in APAC. In addition, the development of smart cities in China, India, and other Southeast Asian countries has driven demand for 3D GIS in this region.

Major players involved in the software market include Autodesk, Inc. (US), Bentley System, Incorporated (US), Environmental Systems Research Institute, Inc. (Esri) (US), General Electric Co. (US), Hexagon AB (Sweden), Pitney Bowes Inc. (US), Topcon Corporation (Japan), and Trimble Inc. (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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GIS Market: APAC expected to grow at the highest rate between 2017 and 2023

The geographic information system (GIS) market is expected to be worth USD 10.12 Billion by 2023, growing at a CAGR of 9.6% between 2017 and 2023. Development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and growing adoption of geospatial solutions in transportation are some of the major factors driving the growth of the market. 

The high cost of geospatial solutions and geographic data collection barriers poses major restraining factors for the growth of this market. The market has been segmented on the basis of component, function, end user, and geography.

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APAC is expected to be the fastest-growing market for GIS during the forecast period. In this region, geospatial technologies are being utilized for rural and agricultural development over the last decade. In APAC, companies engaged in engineering and construction, mining and manufacturing, insurance, and agriculture are implementing geospatial technologies to identify potential markets and are using geospatial information to make strategic decisions. Surveying and mapping technologies are widely used in APAC. In addition, the development of smart cities in China, India, and other Southeast Asian countries has driven demand for 3D GIS in this region.

Major players involved in the software market include Autodesk, Inc. (US), Bentley System, Incorporated (US), Environmental Systems Research Institute, Inc. (Esri) (US), General Electric Co. (US), Hexagon AB (Sweden), Pitney Bowes Inc. (US), Topcon Corporation (Japan), and Trimble Inc. (US).

The hardware market was dominated by key players such as Hexagon AB (Sweden), Trimble Inc. (US), Topcon Corporation (Japan), Hi-Target Surveying Instrument Co., Ltd. (China), and Beijing Unistrong Science & Technology Co., Ltd. (China).

The other players in this market include Blue Marble Geographics (US), Caliper Corporation (US), Computer Aided Development Corporation Ltd. (Cadcorp) (UK), Geosoft Inc. (Canada), Handheld Group (Sweden), Harris Corporation (US), Hi-Target Surveying Instrument Co. Ltd. (China), MacDonald, Dettwiler and Associates Ltd. (Canada),  PASCO CORPORATION (Japan), and SuperMap Software Co., Ltd. (China).

GIS collectors held the largest share of the overall market in 2016. GIS collectors are used for collecting data related to shop floors or fields. Data collection is a real time and event-oriented process carried out by construction professionals. GIS collectors derive data manually from a computer or directly from the place of their origin. The collectors allow construction professionals to carry out accurate measurements such as site reconnaissance, progress measurement, and site inspection. Moreover, collectors help in spatial analysis for manipulating, extracting, locating, and analyzing the geographic data. GIS collectors are widely adopted for capturing, storing, recovering, analyzing, and displaying spatial data. GIS collector is expected to dominate the market during the forecast period due to increasing demand for data capturing and mapping in agriculture, construction, and utilities.

Mapping function held the largest share of the overall geographic information system (GIS) market in 2016. The use of mapping technologies has been growing rapidly in construction, infrastructure, defense and security, transportation, agriculture, forestry, and environment. Urban planning and smart city development program in developing countries such as India and China have contributed to the market growth of mapping function of GIS. The market is driven by the adoption of airborne devices and LIDAR imagery for collecting and mapping the data. GIS software is becoming an essential tool for combining maps and other geospatial information as it provides functions and tools to store, retrieve, manage, display, and analyze all types of geographic and spatial data.

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About MarketsandMarkets™

 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Environmental Systems Research Institute, Inc. (Esri) (US) and Hexagon AB (Sweden) are the Major Players in the Geographic Information System (GIS) Market

Geographic information system (GIS) is a structured collection of hardware, software, and geographic data. GIS is designed to capture, store, analyze, and display all forms of geospatial data. GIS is widely used in construction, transportation, and utilities. However, the integration of geospatial solutions with various technologies has broadened the application areas of GIS.
The overall analysis of the market consists of evaluating various components, function, end user, and geography. On the basis of component, the market is categorized into hardware and software. Hardware has been further subsegmented into total stations, GIS data collectors, GNSS/GPS antennas, LIDAR, and imaging sensors. Further, on the basis of function, the market is segmented into mapping, surveying, telematics and navigation, and location-based services.

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The market is expected to be worth USD 10.12 billion by 2023, growing at a CAGR of 9.6% between 2017 and 2023. The market is mainly led by software component. The market is highly competitive with the presence of several big and small market players. Product launches and developments, partnerships, agreements, contracts, collaborations, and acquisitions are some of the major strategies adopted by the players to grow in the GIS market.

As of 2016, Environmental Systems Research Institute, Inc. (Esri) (US), Hexagon AB (Sweden), General Electric Co. (US), Pitney Bowes Inc. (US),  and Autodesk, Inc. (US) were the major players in the software market. These companies operate globally and provide comprehensive software and services. They rely on their R&D capabilities and product innovations to gain more market share. 

Environmental Systems Research Institute, Inc. (Esri) (US) ranked first in the GIS software market in 2016. The company has a diversified portfolio of GIS software and Geodata services. The core strengths of the company include comprehensive offerings, strong financial performance, global strategic alliances, and a strong customer base. 

The company primarily focuses on product launches and developments to offer technically advanced solutions to its customers. It has launched several new products in FY2016, with a focus on product enhancement and on the development of advanced geospatial technologies. The company operates as a core GIS solution provider, catering to a number of industries. 

In addition, it focuses on inorganic growth strategies to develop its capabilities to serve the distinct markets worldwide efficiently. For instance, in 2017, Esri partnered with Leica Geosystems AG (Switzerland) to provide state and federal government with GIS and global positioning system (GPS) technologies for real-time data collection.

Hexagon AB ranked second in the software market in 2016. The company offers a diversified range of geographic information software for surveying, construction, public safety, natural resources, transport and public service, and defense industries. Intergraph Corp. (US), a wholly-owned subsidiary of Hexagon offers software and services in the GIS market. Owing to its technological innovative capability, the company can offer diversified and innovative products for major industries, thereby driving the competitiveness in the market. 

The company invested USD 390 million in R&D to develop and launch innovative geospatial technology for new products and strengthen its position in the market. For instance, in 2016, the company launched M.App Enterprise that enables organizations to provide and share their own information services to address their location-based challenges.

The other players in the software market include Bentley Systems Incorporated (US),  Blue Marble Geographics (US), Caliper Corporation (US), Computer Aided Development Corporation Limited (Cadcorp) (UK), Geosoft Inc. (Canada), Golden Software LLC (US), SuperMap Software Co., Ltd. (China), Harris Corporation (US), AmigoCloud Inc. (US), Manifold Software Limited (Hong Kong), Maptoss Technologies Pvt. Ltd. (India), and Takor Group Ltd. (Australia). 

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Geographic Information System Market for Mapping Function for Agriculture

The geographic information system (GIS) market was valued at USD 5.33 Billion in 2016 and is expected to reach USD 10.12 Billion by 2023, growing at a CAGR of 9.6% between 2017 and 2023.

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The factors driving the market include the development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and growing adoption of GIS solutions in transportation.

Mapping function held the largest size in the overall GIS market

The mapping function held the largest market size in terms of value in 2016. Mapping offers better decision-making for selection of agriculture sites, natural resource extraction, disaster management, urban planning, and transportation modeling. Hence, the use of mapping technologies has been growing rapidly in construction, infrastructure, defense and security, transportation, agriculture, forestry, and environment. Urban planning and smart city development program in developing countries such as India and China have contributed to the market growth of mapping function.

GIS collectors expected to dominate the market for GIS hardware between 2017 and 2023

The users face issues in collecting data in closed or covered areas such as a dense forest. GIS collector helps users to collect reliable and accurate data in these areas. GIS collector is expected to dominate the hardware market during the forecast period owing to the increasing demand for collectors for capturing and mapping the data in agriculture, construction, and utilities. GIS collector offers field data collection in both online and offline modes. It also supports external GNSS/GPS receivers for improved spatial data collection.

APAC expected to grow at the highest rate between 2017 and 2023

APAC is expected to be the fastest-growing market for GIS during the forecast period. In this region, geospatial technologies are being utilized for rural and agricultural development over the last decade. In APAC, companies engaged in engineering and construction, mining and manufacturing, insurance, and agriculture are implementing geospatial technologies to identify potential markets and are using geospatial information to make strategic decisions. Surveying and mapping technologies are widely used in APAC. In addition, the development of smart cities in China, India, and other Southeast Asian countries has driven demand for 3D GIS in this region.

Major players involved in the software market include Autodesk, Inc. (US), Bentley System, Incorporated (US), Environmental Systems Research Institute, Inc. (Esri) (US), General Electric Co. (US), Hexagon AB (Sweden), Pitney Bowes Inc. (US), Topcon Corporation (Japan), and Trimble Inc. (US).

The hardware market was dominated by key players such as Hexagon AB (Sweden), Trimble Inc. (US), Topcon Corporation (Japan), Hi-Target Surveying Instrument Co., Ltd. (China), and Beijing Unistrong Science & Technology Co., Ltd. (China).

The other players in this market include Blue Marble Geographics (US), Caliper Corporation (US), Computer Aided Development Corporation Ltd. (Cadcorp) (UK), Geosoft Inc. (Canada), Handheld Group (Sweden), Harris Corporation (US), Hi-Target Surveying Instrument Co. Ltd. (China), MacDonald, Dettwiler and Associates Ltd. (Canada),  PASCO CORPORATION (Japan), and SuperMap Software Co., Ltd. (China).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street,
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WA 98101, United States
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