Global Cloud GIS Market 2018-2022
About Cloud GIS
It is a next-generation on-demand GIS technology that uses a virtualized infrastructure in a scalable, elastic environment. GIS cloud is an upgrade of conventional GIS platform, which provides a broad spectrum of services to users globally.
Technavio’s analysts forecast the global cloud GIS market to grow at a CAGR of 11.21% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global cloud GIS market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Cloud GIS Market 2018-2022
Technavio recognizes the following companies as the key players in the global cloud GIS market: ESRI, GIS Cloud, Hexagon, Mapbox, and Pitney Bowes.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is emerging data collection and generation methods. The emerging data collection and generation methods are gaining traction in the market. Real-time spatiotemporal data, Smallsat, and Unmanned aircraft system (UAS) are some of the key emerging technologies of GIS. These technologies are revolutionizing the data collection process with utmost efficiency.”
According to the report, one driver in the market is rising popularity of cloud GIS due to ease in data accessibility. The continuously increasing need for conveniently accessing data has led to the rising popularity of cloud GIS. Cloud-based GIS offers media-enriched location information with a fast and reliable internet connection.
Further, the report states that one challenge in the market is threat of security. Data protection is the major concern among the cloud-based GIS users. The users secure their data and application using strong passwords and biometric authorization. This risk of data breaching and data loss is also a major concern.
ESRI, GIS Cloud, Hexagon, Mapbox, and Pitney Bowes.