Geographical Information Systems (GIS) are computer-based systems that enable users to collect, store, process, analyze and present spatial data. It provides an electronic representation of information, called spatial data, about the Earth’s natural and man-made features. A GIS references these real-world spatial data elements to a coordinate system.
These features can be separated into different layers. GIS market has resulted in lower costs and continual improvements in the hardware and software components of GIS. These developments will, in turn, result in a much wider application of the technology throughout government, business, and industry. T
he advances in computer hardware, software and remote sensing technology will lead to more and more GIS adopting multimedia to represent data.
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Increase in Demand for GIS Software in Smart Cities Development
Smart cities are data-driven and dependent on sharing real-time awareness. GIS creates visualization of the data collected from various IoT devices and sensors, on a map for immediate actionable insights.
These insights can be used to track the delivery of city services and highlight areas where local council services need improvement. Location-based analysis of IoT data has also been used by local government to develop smarter parks, improve safety, and drive innovation.
While developing smart cities project, the GIS solutions are implemented to create generalized location enabled platform for use-cases analysis in smart cities environments. These benefits of GIS are driving the growth of the GIS software market.
Geographic Information System Market: – Key Players
Key players in the geographic information system market are focusing on product expansion and business collaboration with the technology vendors to collaborate for offering remote sensing software and robotic total stations for sustained business growth.
The major players offering geographic information systems include
- Autodesk
- ESRI
- Trimble
- Pitney Bowes
- Hexagon
- Topcon
- Maxar Technologies
- Caliper Corporation
- Bentley Systems, among others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global geographic information system market.
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Complex Data Structures Is Hampering the Growth of Geographic Information System Market
The data collected and stored in GIS system is usually complex with plenty of upgradation and restructuring required. This means that special skills are required to understand and interpret the data collected in a GIS system.
In addition, a GIS system has complex interconnection of the various components that make up a GIS system. Besides the hardware and the software, there is need to have a fully trained human personnel that is expensive to train and acquire. Hence, the data complexity and expensive geographic information system imposes a great challenge in the market growth.
Geographic Information System Market: – Segmentation
By Offering, Geographic Information System Market is segmented into
- Hardware
- Total Stations
- GIS Collectors
- GNSS/GPS Antennas
- LiDAR
- Imaging Sensors
- Software
- Desktop GIS
- Mobile GIS
- Others
- Services
- Installation
- Training & Maintenance
By Industry, Geographic Information System Market is segmented into
- Agriculture
- Oil & Gas
- Architecture, Engineering, and Construction
- Transportation
- Utilities
- Others
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