Trimble (US) and Pitney Bowes (US) are the Key Players of geographic information systems (GIS) market

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.

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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.

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.

“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.

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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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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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