This strategic assessment report provides a comprehensive analysis that reflects today’s Geographic Information System Market realities and future possibilities for the forecast period of 2020 to 2025.
Stratview Research announces the launch of a new research report on the Geographic Information System Market is Segmented by Offering Type (Hardware (Total Stations, GIS Collectors, GNSS/GPS Antennas, LiDAR, and Imaging Sensors), Software (Desktop GIS, Mobile GIS, GIS Server and Web GIS, Developer GIS, and Remote Sensing Software), and Services), by Function Type (Mapping, Surveying, Telematics and Navigation, and Location-Based Services), by End-Use Industry Type (Agriculture, Oil & Gas, Building & Construction, Transportation, Utilities, Government, Healthcare, Retail, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
The report calculates the short- and long-term ramifications of the COVID-19 pandemic on Geographic Information System Market consumption at the global, regional, and nation scales. The report also compares pre-COVID and post-COVID scenarios to evaluate the potential loss to the industry. The vital data provided in the report can play a crucial role for market participants as well as investors in formulating short-term as well as long-term growth strategies
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Report Features
The report delivers a detailed view of the industry based on global Geographic Information System Market size, market growth, and opportunities. The report also analyses market key aspects such as-
Highlights from the Report
Geographic Information System market is likely to witness a CAGR of 12.7% during the forecast period. The prime factors that are driving the geographic information system market are the integration of geospatial technology with mainstream technologies for business intelligence, development of smart cities and urbanization, increasing accessibility of spatial technology and cloud-based system, and surge in investments in modern GIS solutions.
Regional Analysis:
In terms of regions, North America is estimated to be the largest market for geographic information systems during the forecast period. Significant demand from the various end-use industries and presence of major players in the region are the major factors behind the dominance of the region in the global geographic information system market. Asia-Pacific is estimated to portray the highest growth during the forecast period. China, Japan, South Korea, and India are the driving force of the region’s market.
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According to the report, the key players of the market are –
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The geographic information system market is expected to witness an impressive growth of 12.7% CAGR in the foreseeable future.
North America is expected to be the largest geographic information system market during the next five years.