Tuesday, 21 November 2017

Geographic Information System (GIS) Market 2022 In-depth Analysis by History Review, Dynamics and Growth Factors

Global Geographic Information System (GIS) Market is expected to grow at a significant CAGR in the upcoming years as the scope is increasing across the globe. Increasing demand of GIS engineering applications can be attributed to the growing traditional GIS systems in the global market. With GIS it is possible to map, model, query, and analyze large quantities of data all held together within a single database.

A geospatial information system or (GIS) is a conventional tool that understands geographical or information. The systems digitalize the received geographical data, process (store, infer, analyze) the data, and deliver the required output to the consumers. Various Industries around the world are implementing GIS systems to obtain precise results and enhance their operations.


The geographic information system (gis) market is anticipated to grow owing to the Increase in demand for process industries such as Petrochemicals, Oil and Gas, Steel & Metal, and Mining industry which consists of individual manufacturing units that need to be located and coordinated to continue smooth flow till the finished product. Portfolio optimization, site selection, and design & construction, is provided by GIS to maintain and operate the facilities.

Increasing demand for electronic mapping systems is expected to drive the market growth in the foreseeable future. By implementing GIS in Utility infrastructure such as water, electricity, gas and telecommunication, outage time may be reduced leading to more efficient operation of the facilities. The exact location of Utility pipes or poles and distribution boxes can be mapped thereby helping the maintenance crew to identify and repair if any failures or outages are caused.

The key global players in the geographic information system (gis) market include Macdonald, Pitney Bowes Inc, Dettwiler, Esri Inc. and hexagon AB together sharing the major market. Other prominent industry participants are Autodesk Inc., Astrium (EADS Co.), Beijing SuperMap Software Co. Ltd., AvisMap GIS Technologies, Bentley Systems Inc... The global geographic information system (gis) market is expected to be fragmented with several players trying to enter the market. GIS software market is anticipated to witness huge potential due to the rapid growing rate of the market.


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