PUBLISHER: The Business Research Company | PRODUCT CODE: 1415803
PUBLISHER: The Business Research Company | PRODUCT CODE: 1415803
“Geographic Information System (GIS) Software Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on geographic information system (gis) software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for geographic information system (gis) software? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The geographic information system (gis) software market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
GIS software, or Geographic Information System software, is a computer application designed to facilitate the utilization of a geographic information system. It empowers users to create, store, manage, query, analyze, and visualize geographic data. This versatile software plays a crucial role in manipulating and preserving geographic information effectively.
GIS software comprises two primary components such as software and services. Software encompasses a set of instructions, data, or programs utilized to operate machines and execute specific tasks. The various types of GIS software encompass desktop GIS, server GIS, developer GIS, mobile GIS, and others. These software variations serve diverse functions, including mapping, surveying, location-based services, navigation, and telematics, among others. The application of GIS software spans across numerous industry verticals, such as automotive, energy and utilities, government, defense and intelligence, smart cities, insurance, natural resources, and others.
The GIS software market research report is one of a series of new reports from The Business Research Company that provides GIS software market statistics, including GIS software industry global market size, regional shares, competitors with a GIS software market share, detailed GIS software market segments, market trends and opportunities and any further data you may need to thrive in the GIS software industry. This GIS software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The geographic information system (GIS) software market size has grown rapidly in recent years. It will grow from $8.24 billion in 2023 to $9.46 billion in 2024 at a compound annual growth rate (CAGR) of 14.9%. The growth in the historic period can be attributed to government and defense applications, urban planning and infrastructure development, environmental conservation, consumer navigation and location-based services.
The geographic information system (GIS) software market size is expected to see rapid growth in the next few years. It will grow to $16.31 billion in 2028 at a compound annual growth rate (CAGR) of 14.6%. The growth in the forecast period can be attributed to IOT and sensor integration, smart cities and iot, climate change mitigation, healthcare and epidemiology. Major trends in the forecast period include cloud-based GIS, location intelligence, indoor mapping and navigation, artificial intelligence (AI) and machine learning (ML) integration.
The GIS software market is poised for growth, driven by the surge in mobility and transportation. Mobility refers to the ability to transition from one state or position to a more advantageous one, while transportation encompasses the act of moving people and goods using various modes from one location to another. GIS software plays a pivotal role in mobility and transportation, aiding in the analysis of investment plans for public transport, route planning, traffic analysis, and management to enhance accessibility. For example, as of November 2022, the United States Bureau of Transportation Statistics reported that the transportation sector's contribution to the US GDP rose from 5.4% in 2020 to 5.6% in 2021, indicating a notable increase. Moreover, various modes of in-house transportation, including air, railroad, water, and freight, saw a rise from 0.9% in 2020 to 1.0% in 2021. Hence, increased mobility and transportation activities are key drivers of the GIS software market's expansion.
The increasing demand for urban planning activities is a significant driver of the geographic information system (GIS) market. Urban planning involves the process of designing, developing, and organizing urban areas to create sustainable and functional environments. GIS technology serves as a vital tool for urban planners, aiding in comprehending patterns, linkages, and spatial context, thereby enhancing management and decision-making. As of July 2022, data from the Bureau of Labor Statistics indicated that employment in the field of urban and regional planning is projected to grow by 4% from 2022 to 2032. Consequently, the growing need for urban planning is fueling the geographic information systems market's growth.
The growth of the GIS software market may encounter impediments due to the limited availability of customer support during the forecast period. Such constraints in customer support can have adverse effects on the GIS software market, including reduced customer satisfaction and potential limitations on market expansion. As an illustrative example, in June 2023, Netomi, a US-based artificial intelligence company, reported that 61% of survey respondents emphasized the significance of swift issue resolution. Furthermore, customer expectations encompass positive outcomes (57%), ease of support interaction (47%), and personalized experiences (16%) from customer support services. Thus, the restricted availability of comprehensive customer support services is adversely affecting the growth prospects of the geographic information system (GIS) software market.
Key companies operating in the GIS software market are actively embracing artificial intelligence (AI) to advance their offerings and solidify their market presence. AI in GIS software is characterized by the application of AI technology to enhance GIS applications, including AI attribute collection, AI surveying, and mapping. For example, in September 2022, SuperMap Software Co. Ltd., a China-based GIS software developer, unveiled SuperMap GIS 11i (2022), featuring multiple enhancements such as AI-driven video spatialization, new 3D GIS capabilities, Cloud-Native GIS 2.0, and open-source spatial database Yukon. SuperMap GIS 11i (2022) integrates elements like Web processing automation (WebGPA), data management, classical geographic analysis, and distributed analysis. This incorporation of AI into GIS software is expected to result in more intelligent and robust solutions.
In March 2022, Avineon Inc., a US-based provider of GIS solutions, successfully acquired Highland Mapping Inc., a move aimed at broadening Avineon's existing professional services offerings. This strategic acquisition further reinforces Avineon's managed services capabilities, enhancing its overall professional services portfolio. Highland Mapping Inc., based in the United States, specializes in delivering professional GIS solutions to regional associations and governments.
Major players in the geographic information system (gis) software market are Google LLC, Hitachi Solutions Ltd., General Electric Co., Oracle Corporation, Fujitsu Limited, Salesforce Inc., NEC Corporation, Hexagon AB, Autodesk Inc., Trimble Inc., Pitney Bowes Inc., Tyler Technologies Inc., Esri Global Inc., Bentley Systems Incorporated, TomTom N.V., GB Group PLC, SuperMap Software Co. Ltd., Safe Software Inc., CoreCompete LLC., Caliper Corporation, QGIS, CartoDB Inc., ThinkGeo LLC., Cadcorp Limited, Golden Software LLC, Blue Marble Group Inc., Terra Gis Ltd., MangoMap LIMITED, PASCO Corporation, Open Source Geospatial Foundation .
North America was the largest region in the GIS software market in 2023. The regions covered in geographic information system (GIS) software report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the geographic information system (GIS) software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The geographic information system (GIS) software market includes revenues earned by entities by offering services such as geocoding, geoprocessing, 3D GIS services and modeling, imaging and analysis. The market value includes the value of related goods sold by the service provider or included within the service offering. The geographic information system (GIS) software market also include sales of query tools, database management system (DBMS), graphical user interface and layout. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.