Global GIS Market Analysed & Forecast by P&S Market Research in Its Topical Report Published at MarketPublishers.com20 Jun 2017 • by Natalie Aster
LONDON – The GIS market’s growth relies mainly upon its base market across the region. The UK, with France following after, was the biggest contributor to the European GIS market as of 2016. The USA and Canada dominated the GIS market across North America, while China, Japan and India have been the leading markets in APAC. The GIS market in the RoW is in a nascent stage. The developing economies in the Middle East and Africa have restrained consumer awareness about the significance of GIS, as part of infrastructure.
Worldwide, the growth of the GIS market is stimulated by the replacement of conventional surveying technologies like photogrammetry with the light detection and ranging (LIDAR) technology, as well as by the rising availability of cloud computing and spatial data. Nevertheless, higher initial implementation costs of GIS and the dearth of authentic geospatial data are amid the factors hindering the GIS market growth.
In the recent past, the demand for 3D web-based GIS has seen an upsurge, owing to the development of smart cities in India, China, and other Southeast Asian nations. The use of 3D GIS is observing fast-paced growth in the construction of surveillance applications. The recent hike in spending on emergence management facilities in Japan, China and other developing nations in APAC has raised the penetration rate of GIS across the region.
Esri, SuperMap, Ubisense, Bentley Systems, Schneider Electric, Autodesk, Pasco Corporation, Pitney Bowes, and MacDonald, Dettwiler and Associates (MDA) are amid the top players in the marketplace.
Topical report “Global Geographic Information System (GIS) Market” elaborated by P&S Market Research delves deep into the global GIS market. The study offers detailed sector categorisation by component, project size, application, and geography; providing market size estimates and forecasts with respect to each segment. The research gives an in-depth analysis of the GIS development cycle; and reviews the price structure of GIS mapping services. The research scrutinises the market dynamics covering growth drivers, limiters, trends, and opportunities. Porter's five forces analysis is included, too. The report takes a shrewd look at the competitive landscape limelighting the major companies’ market shares and recent activities, competitive benchmarking, global strategic developments etc. It also profiles the 10 leading market participants.
More topical reports by P&S Market Research are available at its page.