Geographic Information System Market Size Worth $25.9 Billion By 2030: IndustryARC

Geographic Information System Market size is forecast to reach USD 25.9 billion by 2030, after growing at a CAGR of 11.54% during the forecast period 2024-2030. As an emerging trend of technology, the field of GIS (Geographic Information System) is steadily expanding. The global Geographic Information System Market is growing steadily driven by increasing demand from the location-based services market, finds IndustryARC in its recent report, titled “Geographic Information System Market Size, Share & Trends Analysis Report- By Component (Hardware, Software), By Function (Mapping, Surveying, Telematics & Navigation, Location-Based Services), By End User (Agriculture, Oil & Gas, Construction, Mining, Transportation, Utilities, Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030’’

North America Geographic Information System Market generated a revenue of $4.7 billion in 2023 and is projected to reach a revenue of $9.8 billion by 2030 growing at a CAGR of 11.24% during 2024-2030. North America emerged as the dominant force in the Geographic Information System (GIS) market, commanding a significant market share of approximately 39%. The region's supremacy is attributed to its status as a technology innovation hotspot, characterized by the seamless incorporation of modern technologies into GIS systems. This infusion of innovation has markedly enhanced the capabilities and functionalities of GIS solutions in North America. 

 

GIS platforms are incorporating AI and ML algorithms to automate data processing, analysis, and decision-making processes. These technologies enable predictive modeling, spatial pattern recognition, and data-driven insights, enhancing the efficiency and accuracy of GIS applications. By leveraging AI and ML capabilities, organizations can extract valuable insights from geospatial data, identify trends, and optimize resource allocation, leading to improved planning, management, and decision-making across various sectors. 

Cloud computing offers scalability, flexibility, and accessibility, enabling organizations to access GIS software and data remotely via the internet. Cloud-based GIS platforms provide on-demand access to geospatial data, tools, and services, facilitating collaboration, data sharing, and real-time updates across distributed teams and stakeholders. Additionally, cloud-based GIS solutions offer cost savings, reduced IT infrastructure requirements, and enhanced data security compared to traditional on-premises deployments. As organizations seek to digitize workflows, streamline operations, and leverage geospatial data for decision-making, there is growing demand for cloud-based GIS solutions that enable seamless integration, scalability, and agility in a dynamic and interconnected world.

GIS technology plays a crucial role in environmental planning, conservation, and natural resource management by providing spatial analysis tools, modeling capabilities, and visualization techniques. Organizations, governments, and NGOs are leveraging GIS to monitor land use changes, assess biodiversity, manage ecosystems, and mitigate environmental risks such as climate change, deforestation, and pollution. Additionally, GIS platforms facilitate stakeholder engagement, collaboration, and decision support in sustainable development initiatives, enabling informed decision-making and effective resource allocation. As the focus on sustainability grows, there is increasing demand for GIS solutions that enable organizations to monitor, measure, and manage their environmental impact and achieve sustainability goals.

GIS applications rely heavily on accurate and up-to-date geospatial data from various sources, including satellite imagery, GPS surveys, and government databases. However, data quality issues such as inaccuracies, inconsistencies, and outdated information can compromise the reliability and effectiveness of GIS analysis and decision-making. Additionally, integrating disparate datasets from different sources with varying formats, resolutions, and coordinate systems can be complex and time-consuming, requiring robust data management strategies and interoperability standards to ensure seamless integration and compatibility across systems.

As urbanization continues to rise globally, cities are increasingly adopting GIS technology to address complex urban challenges such as traffic congestion, air pollution, and infrastructure development. GIS platforms enable city planners, policymakers, and stakeholders to visualize spatial data, analyze trends, and make informed decisions to improve urban livability, sustainability, and resilience. By integrating GIS with IoT sensors, real-time data feeds, and predictive analytics, cities can optimize resource allocation, enhance public services, and create smarter, more efficient urban environments. Moreover, the growing emphasis on sustainability and environmental management in cities presents opportunities for GIS providers to develop solutions that support green infrastructure planning, energy efficiency, and climate change adaptation strategies, contributing to the development of more resilient and sustainable cities.

Utility companies, including water, gas, and electric utilities, are increasingly adopting GIS technology to manage assets, monitor networks, and optimize operations. GIS platforms enable utilities to visualize network assets, analyze spatial data, and predict maintenance needs to enhance reliability, efficiency, and safety. Additionally, GIS plays a critical role in infrastructure planning, design, and construction, enabling stakeholders to assess site suitability, analyze environmental impacts, and mitigate risks. With the aging infrastructure and increasing demand for reliable and resilient utilities, there is growing demand for GIS solutions that streamline workflows, improve asset management, and support regulatory compliance in the utilities and infrastructure sectors.

● Geographic Information System Market Size and Forecast 

● Geographic Information System Market Trends

● Geographic Information System Market Analysis by Function

● CAGR of the market during the forecast period 2024-2030

● Value Chain analysis of key stake holders

● Detailed analysis of market drivers and opportunities during the forecast period

● Geographic Information System Market size estimation and forecast

● Analysis and predictions on end users’ behavior and upcoming trends 

● Competitive landscape and Vendor market analysis including offerings, developments, and financials

● Comprehensive analysis of challenges and constraints in the Geographic Information System Market

The Covid-19 pandemic led to disruptions in supply chains, project delays, and economic uncertainties, affecting the adoption and implementation of GIS technology across various industries. Organizations faced challenges in data collection, fieldwork, and collaborative decision-making processes due to travel restrictions and remote working arrangements imposed to curb the spread of the virus. Additionally, the economic downturn resulting from the pandemic led to budget constraints and reduced investments in GIS projects, particularly in sectors heavily impacted by the crisis such as retail, hospitality, and transportation. 

The Russia-Ukraine war introduced geopolitical tensions and supply chain disruptions, affecting the availability of critical geospatial data, satellite imagery, and GPS services. Despite these challenges, the pandemic highlighted the importance of GIS technology in crisis response, public health surveillance, and decision support, driving increased awareness and demand for GIS solutions to address emerging challenges and build resilience in a post-pandemic and geopolitically uncertain world.

The key companies profiled in the Geographic Information System Market Report are listed below:

● Amigocloud, Inc

● Autodesk, Inc

● Bentley System, Incorporated

● Caliper Corporation 

● Cadcrop

● Environmental System Research Institute, Inc.

● Trimble

● Hexagon AB

● Topcon

● Pitney Bowes

Geospatial Analytics AI Market - The Geospatial Analytics Artificial Intelligence Market is estimated to reach $172 million by 2026, growing at a CAGR of 30.0% from 2021 to 2026. Geospatial Analytics Artificial Intelligence generally called geospatial AI, GEOINT (geospatial intelligence) is the intersection of artificial intelligence and geospatial data. 

3D GIS Market - The global 3D Geographic Information System (GIS) market size is forecast to reach $18.9 billion, growing at a CAGR of 12.6% from 2022 to 2027. 3D Geographic Information System (GIS) refers to a geographic coordinate system that utilizes a digital elevation model to capture geographical spatial information or location data in 3D format.

Cloud GIS Market - The global Cloud GIS Market is estimated to surpass $5.21 billion mark by 2026 growing at an estimated CAGR of more than 19.7% during the forecast period 2021 to 2026. As an emerging trend of technology the field of GIS (Geographic Information System) is steadily expanding. The global cloud GIS 

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