Global Geographic Information System Market - Trends Analysis, Company Usability Profiles & Forecasts to 2024
360iResearch predicts the global geographic information system market to grow from USD 7,829.30 million in 2016 to USD 19,212.34 million by 2024, at a Compound Annual Growth Rate (CAGR) of 11.87%. The year 2016 has been considered as the base year, while the forecast period is up to 2024.
The major forces driving the growth of the geographic information system market include the need to integrate geographical data for better prediction and analysis and enhanced productivity and operational benefits. However certain factors such as the technical complexity due to heterogeneous data may hinder the market growth. In the middle of difficulty lies opportunity such as the incorporating iot with gis, increased popularity of open source platforms, and multiple opportunities in urban and regional planning. The possible challenges for the market growth are high infrastructural and deployment cost, and attuning data accuracy and efficient data management. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on industry, the global geographic information system market is studied across aerospace & defense, automotive & transportation & logistics, banking, financial services & insurance, building, construction & real estate, consumer goods & retail, education, energy & utilities, government & public sector, healthcare & life sciences, information technology, manufacturing, media & entertainment, telecommunication, and travel & hospitality. Based on geography, the global geographic information system market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
The report features a competitive scenario of the geographic information system market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are Environmental Systems Research Institute, Inc., Autodesk, Inc., Leadformance SAS, CARTO, Harris Corporation, GE Grid Solutions LLC, Hexagon AB, Blue Marble Geographics, Inc., Google LLC, GRASS Development Team, Mapbox, Inc., Pitney Bowes, Inc., QGIS, Golden Software System, Inc., and Trimble Navigation, Ltd..
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of geographic information system market. Moreover, the study highlights current market trends and provides forecast. We also have highlighted future trends in the geographic information system market that will impact the demand during the forecast period. Moreover, the competitive analysis of geographic information system market brings an insight on the company usability profiles of the leading players. Additionally, the analysis highlights business overview, product offering, SWOT analysis of the key companies in the market.
Reasons to Buy:
The geographic information system market research study reveals hidden insights and dynamic, which in turn helps the players in the ecosystem take better strategic decisions. The firms looking for purchasing the global geographic information system market research report could look for following prospects on their way to better understand the market that can aid further decision making and possibly identify the best opportunities to exploit.
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