August 16, 2020

Top 5 reasons to why Geographic Information System is on the Rise

financialexpress.com

The geographic information system (GIS) is computer tool that offers geographical information. The GIS tools provide several benefits such as time and cost saving. The GIS tool is utilized as a support tool in the business world as it supports business to visualize location of data that helps the business to find new areas of opportunity and potential problem areas. The common examples include route optimization, business site selection, asset location and customer catchment area analysis.

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The rapid development of smart cities across the world and proliferation of advanced tools in the transport sector are some of the significant factors driving the growth of the geographic information system software market. However, geospatial data barrier and lack of awareness among consumers are some of the major factors which may restrain the growth of the geographic information system software market. Moreover, advancement in technology is anticipated to boost the growth of the geographic information system software market.

Some of the key players influencing the market are : Autodesk, BENTLEY SYSTEMS, Caliper Corporation, Computer Aided Development Corporation, Esri, General Electric Company, Hexagon AB, Pitney Bowes Software, SuperMap Software, Trimble

The "Global Geographic Information System (GIS) Software Market Analysis to 2027" is a specialized and in-depth study of the geographic information system (GIS) software market with a special focus on the global market trend analysis. The report aims to provide an overview of geographic information system (GIS) software market with detailed market segmentation by component, GIS software, function, end user. The global geographic information system (GIS) software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading geographic information system (GIS) software market players and offers key trends and opportunities in the geographic information system (GIS) software market.

The global geographic information system (GIS) software market is segmented on the basis of component, GIS software, function, end user. On the basis of component, the market is segmented as software, services. On the basis of GIS software, the market is segmented as desktop GIS, server GIS, developer GIS, mobile GIS, others. On the basis of function, the market is segmented as mapping, surveying, location-based services, navigation and telematics, others. On the basis of end user, the market is segmented as defense, agriculture, oil and gas, construction, utilities, transportation and logistics, others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global geographic information system (GIS) software market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The geographic information system (GIS) software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.