Global Geographic Information System Gi Market Overview
The Geographic Information System Gi Market Size was estimated at 20.41 (USD Billion) in 2022. The Geographic Information System Gi Industry is expected to grow from 23.83(USD Billion) in 2023 to 96.0 (USD Billion) by 2032. The Geographic Information System Gi Market CAGR (growth rate) is expected to be around 16.74% during the forecast period (2024 - 2032).
Key Geographic Information System Gi Market Trends Highlighted
The geographic information system (GIS) market continues to evolve rapidly, driven by technological advancements and increasing adoption across industries. Key market drivers include the rise of location-based services, the proliferation of geospatial data, and the need for improved decision-making based on spatial insights.
Opportunities for growth in the GIS market lie in the integration of artificial intelligence (AI) and machine learning (ML) to enhance data analysis and automate processes. Furthermore, the expansion of the Internet of Things (IoT) is creating a vast amount of geospatial data that can be leveraged by GIS solutions.
Recent trends in the GIS market include the adoption of cloud-based GIS services, which offer scalability, cost-effectiveness, and improved collaboration. Additionally, the increasing use of mobile GIS applications enables real-time data collection and analysis in the field. These trends are shaping the GIS market and creating opportunities for both established players and emerging innovators.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Geographic Information System Gi Market Drivers
Growing Adoption of GIS Technology in Various Industries
The prime factor that propels the growth of the Geographic Information System market is the rise in adoption of the Geographic Information Systems technology across various industries. Businesses use GIS technology to visualize, analyze, and interpret the geographic data, as it provides the insights that can be used for making effective decisions. Moreover, the use of GIS technology in integration with other advanced technologies, such as AI and IoT, improves its functionality, which further drives its adoption. It also find its application in industries, such as urban planning, natural resource management, transportation and utilities, creating a demand for GIS solutions. Thus, the growing utilization of GIS technology in these industries is expected to boost the overall growth of the GI market. .
Government Initiatives and Smart City Development
Government initiatives and the increasing focus on smart city development are other key drivers of the Geographic Information System Gi Market Industry. Governments worldwide are recognizing the benefits of GIS technology for improving urban planning, infrastructure management, and disaster response. The implementation of smart city initiatives, which involve the integration of GIS with other technologies to create more efficient and sustainable urban environments, is also driving the demand for GIS solutions.The use of GIS in smart city projects enables real-time monitoring and analysis of urban data, providing valuable insights for decision-makers to address challenges related to traffic management, energy consumption, and environmental sustainability.
Advancements in GIS Technology and Data Availability
Advancements in GIS technology and the increasing availability of geospatial data are also contributing to the growth of the Geographic Information System Gi Market Industry. The development of cloud-based GIS platforms and mobile GIS applications is making GIS technology more accessible and easier to use. Additionally, the proliferation of geospatial data from sources such as satellite imagery, aerial photography, and sensor networks is providing and detailed data for GIS analysis.These advancements and the growing availability of data are enabling businesses and organizations to gain deeper insights into their operations and make more informed decisions.
Geographic Information System Gi Market Segment Insights
Geographic Information System Gi Market Deployment Type Insights
The Geographic Information System GIS Market segmentation based on deployment type includes cloud and on-premises. In the years to come, the cloud segment is expected to take over the market due to the rising adoption of cloud-based solutions among businesses of all sizes. With cloud-based GIS, the businesses will be able to take advantage of the scalability, flexibility, and cost-effectiveness provided by cloud web services. The solutions allow easy access and analysis of spatial data without any need for investing in expensive software or hardware components.However, the opacity and lack of control lead some businesses to remain faithful to the on-premises growth, which is why it will generate revenue of USD 16.43 billion at a CAGR of 10.3%. The cloud segment will achieve a CAGR of 18.2% with revenue of USD 34.85 billion, which will be propelled by businesses switching to cloud-based GIS solutions. The on-premises segment’s slower rate can be attributed to its direct correlation with businesses that prioritize the need for control and manageability permitted through on-premises storage. The Geographic Information System GIS Market segmentation guides businesses in recognizing and understanding the market and allows them to benefit from the data by acting upon it.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Geographic Information System Gi Market Component Insights
The component segment of the Geographic Information System (GIS) market is bifurcated into services and software. The software segment held a larger market share in 2023 and is projected to continue its dominance throughout the forecast period (2023-2032). The growth of the software segment can be attributed to the increasing adoption of GIS software by various industries, including government, utilities, telecommunications, and transportation. Additionally, the growing popularity of cloud-based GIS solutions is further driving the growth of this segment.The services segment, on the other hand, is expected to witness a significant growth rate during the forecast period. The growth of this segment can be attributed to the increasing demand for GIS consulting, implementation, and support services. Moreover, the growing trend of outsourcing GIS services is further contributing to the growth of this segment.
Geographic Information System Gi Market End Use Insights
The Geographic Information System (GIS) Market is segmented by End Use into Government, Healthcare, Manufacturing, Retail, and Transportation. Among these segments, Government is expected to hold the largest market share in 2023, driven by increasing adoption of GIS solutions for urban planning, land management, and disaster management. Healthcare is another key segment, where GIS is used for disease surveillance, patient tracking, and resource allocation. Manufacturing and Retail are also significant segments, with GIS applications ranging from supply chain management to customer analytics.Transportation is another growing segment, where GIS is used for fleet management, route optimization, and traffic analysis. Overall, the GIS Market is expected to grow significantly in the coming years, with increasing demand from various end-use industries.
Geographic Information System Gi Market Application Insights
The Application segment of the Geographic Information System (GIS) Market is expected to witness significant growth in the coming years, driven by increasing adoption across various industries. Asset Management is projected to hold a significant market share, with growing demand for GIS solutions to optimize asset utilization and maintenance. Emergency Response is another key application, as GIS enables real-time monitoring and decision-making during emergencies. Environmental Monitoring is also a major growth area, with GIS providing valuable insights for environmental conservation and sustainability initiatives.Land Use Planning and Transportation Planning are other important applications, as GIS helps in optimizing land use and transportation networks. This growth is attributed to the increasing adoption of GIS technology across various industries and government agencies.
Geographic Information System Gi Market Regional Insights
The Geographic Information System (GIS) Market is segmented into North America, Europe, Asia-Pacific (APAC), South America, and the Middle East and Africa (MEA). North America is expected to hold the largest market share due to the presence of major GIS software providers and the adoption of GIS technology in various industries. Europe is also a significant market, with strong growth potential in the public sector and utilities. APAC is expected to witness the highest growth rate during the forecast period due to the increasing demand for GIS solutions in emerging economies.South America and MEA are expected to have moderate growth rates, with opportunities in the mining, agriculture, and infrastructure sectors.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Geographic Information System Gi Market Key Players And Competitive Insights
Leading players in Geographic Information System Gi Market industry are continuously innovating and developing new technologies in order to gain a competitive edge. Leading players in Geographic Information System Gi Market are also focusing on continuous product development and increase their market penetration in order to develop a brand presence. Companies in Geographic Information System Gi Market industry are mainly focusing on strategic acquisitions of companies to strengthen their position in the market. Key players in the market are also focused on continuous investment in research and development in order to stay ahead of the competition. Development of Geographic Information System Gi Market is mainly driven by increasing adoption of cloud-based solutions, and increasing demand for location-based services. Geographic Information System Gi Market Competitive Landscape is expected to remain competitive in the coming years.Esri is leading provider of Geographic Information System Gi Market solutions. The company provides wide range of products and services including software, data, and consulting. The company provides its product and services for various types of organizations such as government agencies, businesses, and non-profit organizations among others. The company has strong presence in the market and is well positioned to further expand its market share in the coming years.Hexagon AB is another major provider of Geographic Information System Gi Market solutions. Products and services offered by the company include software, data and consulting services. The company is also involved in diverse set of organizations such as government agencies, businesses, and non-profit organizations among others. The company has strong presence and is well positioned to further increase its market share in the coming years.
Key Companies in the Geographic Information System Gi Market Include
- TomTom International BV
- Trimble
- MapInfo Corporation
- Hexagon AB
- ESRI
- Safe Software Inc.
- Geographic Resources Analysis Support System
- Bentley Systems
- Blue Marble Geographics
- Nebula Spatial
- Pitney Bowes Software
- GEOCOM Geomatics
- SuperMap Software Co. Ltd.
- Intergraph Corporation
Geographic Information System Gi Market Industry Developments
The Geographic Information System (GIS) market is projected to reach USD 96.0 billion by 2032, exhibiting a CAGR of 16.74% from 2023 to 2032. The increasing adoption of GIS technology in various industries, such as urban planning, environmental management, and transportation, is driving market growth. Recent advancements in cloud computing, artificial intelligence (AI), and the Internet of Things (IoT) are further expanding the capabilities of GIS systems, creating new opportunities for market expansion. Furthermore, the growing demand for location-based services and the need for real-time data analysis are expected to fuel market growth in the coming years. Key players in the GIS market include Esri, Hexagon AB, Trimble Inc., and SuperMap Software Co., Ltd.
Geographic Information System Gi Market Segmentation Insights
Geographic Information System Gi Market Deployment Type Outlook
Geographic Information System Gi Market Component Outlook
Geographic Information System Gi Market End Use Outlook
- Government
- Healthcare
- Manufacturing
- Retail
- Transportation
Geographic Information System Gi Market Application Outlook
- Asset Management
- Emergency Response
- Environmental Monitoring
- Land Use Planning
- Transportation Planning
Geographic Information System Gi Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
20.41(USD Billion) |
Market Size 2023 |
23.83(USD Billion) |
Market Size 2032 |
96.0(USD Billion) |
Compound Annual Growth Rate (CAGR) |
16.74% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
TomTom International BV, Trimble, MapInfo Corporation, Hexagon AB, ESRI, Safe Software Inc., Geographic Resources Analysis Support System, Bentley Systems, Blue Marble Geographics, Nebula Spatial, Pitney Bowes Software, GEOCOM Geomatics, SuperMap Software Co. Ltd., Intergraph Corporation |
Segments Covered |
Deployment Type, Component, End Use, Application, Regional |
Key Market Opportunities |
Smart city development Precision agriculture Utility infrastructure management Environmental monitoring Disaster management |
Key Market Dynamics |
Rising Cloud Computing Adoption Advancements in Data Analytics Growing Infrastructure Projects Increased Geospatial Data Generation Expanding GIS Applications in Smart Cities |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Geographic Information System (GIS) Market is expected to reach a market size of 23.83 billion USD in 2023.
The Geographic Information System (GIS) Market is projected to grow at a CAGR of 16.74% from 2023 to 2032.
The Geographic Information System (GIS) Market is expected to reach a market size of 96.0 billion USD by 2032.
North America is expected to hold the largest market share in the Geographic Information System (GIS) Market in 2023.
Key applications of Geographic Information Systems (GIS) include urban planning, environmental management, disaster management, and transportation planning.
Major competitors in the Geographic Information System (GIS) Market include Esri, Hexagon AB, and Trimble.
Factors driving the growth of the Geographic Information System (GIS) Market include increasing adoption of GIS technology in various industries, growing demand for location-based data, and government initiatives.
Challenges faced by the Geographic Information System (GIS) Market include data interoperability, lack of skilled professionals, and security concerns.
Opportunities for growth in the Geographic Information System (GIS) Market include advancements in technology, increasing adoption of cloud-based GIS solutions, and growing demand for GIS services in emerging economies.
Key trends shaping the future of the Geographic Information System (GIS) Market include the integration of GIS with other technologies, the rise of mobile GIS, and the increasing use of GIS for real-time decision-making.