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GIS Industry Overview, Opportunities, Market Share and Forecasts to 2020

Monday, November 7, 2016 3:26
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The GIS Industry report provides in-depth analysis of the present scenario and growth prospects considering geographic regions, top vendor analysis, market size, share, dynamics, segmentation by product and application including detail list of exhibits. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors.

The global GIS market to grow steadily at a CAGR of more than 10% by 2020. The ability of geographic information systems (GIS) to enhance the end users productivity, decision-making ability, and safety and security standards will result in its augmented adoption during the forecast period.

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The global GIS market is extremely fragmented and is characterized by the presence of multiple international, regional, and local suppliers. In this market, the vendors that have the ability to provide various GIS software, data, and services at low prices will gain a competitive edge over their peers. Though new vendors are emerging in this market, they find it increasingly difficult to compete with the international vendors in terms of product quality, features, functionalities, and services.

 

The top vendors in this market are -

  • ESRI
  • Hexagon
  • MDA

The other prominent vendors of the market include Autodesk, AvisMap GIS Technologies, Bentley Systems, GE, Hitachi Zosen, PASCO, Pitney Bowes, Ubisense Group, and USGS.
 

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The GIS Market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Geographically, the Americas is expected to account for the largest share of the market during the forecast period. The recent increase in the usage of GIS technology across the utilities and healthcare sectors will contribute towards its growth during the predicted period. Also, increasing investments made by the government for the development of GIS-based solutions will result in market growth during the estimated period.

 

Segmentation by product type and analysis of the GIS market:

  • Software
  • Services
  • Data

In this market analysis, analysts have estimated the software segment to account for a market share of more than 48% during the forecast period. The rising adoption of GIS solutions by developing countries and the end users augmented preference for open-source GIS solutions are the two major factors that impel growth in this segment during the predicted period.

 

End-user segmentation of the GIS market:

  • Government
  • Natural Resources
  • Utilities
  • Military
  • Telecommunication

The market research analysts estimate the government sector to be the fastest growing market segment during the forecast period. The ability of GIS solutions to provide details pertaining to the geography, its development, community planning details, information on the development of rural and urban areas, high alert areas, and disaster-hit areas will result in the strong growth of this segment.

In the end, the report makes some important proposals for a new project of GIS Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of Global GIS Market 2016-2020 industry covering all important parameters.

Have any query? ask our expert @ http://www.absolutereports.com/enquiry/pre-order-enquiry/10350821

Key questions answered in this GIS Market 2016-2020 report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Get Discount on GIS Market Research Report at: http://www.absolutereports.com/enquiry/request-discount/10350821

About Absolute Report:

Absolute Reports is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in depth market research. We are one of the top report resellers in the market, dedicated towards bringing you an ingenious concoction of data parameters.

Contact–

Mr. Ameya Pingaley

Absolute Reports

+1-408 520 9750

Email – sales@absolutereports.com

www.absolutereports.com

 

 

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