GIS market to grow by 15.66% Y-O-Y from 2022 to 2023: Rising applications of GIS solutions in disaster management will drive growth

NEW YORK, Feb. 1, 2023 /PRNewswire/ — GIS market insights –

• Vendors: 15+, Including Alphabet Inc., AmigoCloud Inc., Autodesk Inc., Bentley Systems Inc., Caliper Corp., Computer Aided Development Corp. Ltd., Esri, General Electric Co., Hexagon AB, Hi-Target, Mapbox Inc., Maxar Technologies Inc., Pitney Bowes Inc., Rolta India Ltd., Scan level Geomatics Ltd., Takor Group Ltd., TomTom International BV, Topcon Corp., Trimble Inc., and UrtheCast Corp. amongst others

• Coverage: key drivers, main traits, and challenges; buyer and vendor panorama; vendor product insights and up to date developments; key distributors; and market positioning of distributors

• Segments: Product (software program, information, and providers), deployment (on-premises and cloud), and geography (North America, Europe, APAC, South America, and Middle East and Africa)

To perceive extra in regards to the data providers market, request a sample report.

In 2017, the GIS market was valued at USD 7,332.84 million. From a regional perspective, North America held the most important market share, valued at USD 2,801.11 million. The GIS market dimension is estimated to grow by USD 13,429.94 million from 2022 to 2027 at a CAGR of 16.42% in accordance to Technavio.

Gis market – Customer panorama
To assist corporations consider and develop growth methods, the report outlines –

• Key buy standards

• Adoption charges

• Adoption lifecycle

• Drivers of worth sensitivity

• For highlights on buyer panorama evaluation, download a sample!

Global Gis market – Vendor Insights

The rising competitors in the market is compelling distributors to undertake numerous growth methods similar to promotional actions and spending on ads to enhance the visibility of their providers. Technavio report analyzes the market’s aggressive panorama and affords data on a number of market distributors together with –

• Alphabet Inc: The firm affords GIS providers similar to Google Earth Desktop beneath the subsidiary Google LLC.

• Bentley Systems Inc: The firm affords GIS merchandise for utilities and communications networks.

• Caliper Corp: The firm affords GIS providers similar to instruments, maps, and demographic information.

Story continues

Global GIS market – Market dynamics

Major drivers –

• Integration of BIM and GIS

• Rising applications of GIS solutions in disaster management

• Increasing adoption of GIS solutions in healthcare, insurance coverage and different sectors

KEY challenges – 

• Lack of planning leads to implementation failure of GIS solutions

• Open-source GIS software program makes the market extra aggressive

• Data privateness and safety issues

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The gis market report gives vital data and factual information, with a qualitative and quantitative research of the market primarily based on market drivers and limitations in addition to future prospects.

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What are the important thing information lined in this GIS market report?

• CAGR of the market throughout the forecast interval

• Detailed data on elements that will drive the growth of the GIS market between 2023 and 2027

• Precise estimation of the scale of the GIS market and its contribution to the mum or dad market

• Accurate predictions about upcoming traits and adjustments in client conduct

• Growth of the GIS market throughout North America, Europe, APAC, South America, and the Middle East and Africa

• A radical evaluation of the market’s aggressive panorama and detailed details about distributors

• Comprehensive evaluation of elements that will problem the growth of GIS market distributors

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Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by Deployment

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

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Technavio is a number one international know-how analysis and advisory firm. Their analysis and evaluation focuses on rising market traits and gives actionable insights to assist companies determine market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 studies and counting, masking 800 applied sciences, spanning throughout 50 nations. Their shopper base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising shopper base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to determine alternatives in current and potential markets and assess their aggressive positions inside altering market situations.

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SOURCE Technavio