PUBLISHER: The Business Research Company | PRODUCT CODE: 1753862
PUBLISHER: The Business Research Company | PRODUCT CODE: 1753862
Geographic Information System (GIS) software refers to digital tools designed to capture, store, manipulate, analyze, manage and present spatial or geographic data. It plays a pivotal role in a wide range of sectors by enabling users to visualize and interpret data to understand patterns, relationships and trends in a spatial context. Users of GIS software include government agencies, utility companies, natural resource managers, transportation planners, insurance firms and defense organizations, as well as entities involved in urban planning, agriculture and public health.
The GIS software market consists of sales by entities (organizations, sole traders and partnerships) of GIS software and services that are used in operations such as infrastructure development, environmental monitoring, disaster management, asset tracking and market analysis. It is commonly used in conjunction with global positioning system (GPS) technology, remote sensing tools and traditional databases, which serve as complementary technologies. Substitutes may include manual mapping or non-spatial data analysis software, although these lack the analytical depth and efficiency of GIS.
The global geographic information system (GIS) software market was valued at $4,782.85 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 14.00%.
Adoption Of Cloud Platforms
The adoption of cloud platforms supported the growth of the geographic information system (GIS) software market during the historic period. Cloud platforms provide flexibility for GIS applications to scale seamlessly, based on data volume and user demand. By shifting processing to the cloud, organizations eliminate the need for high-performance local machines, enabling broader access to GIS tools. Real-time data updates and remote collaboration are streamlined, allowing multiple stakeholders to interact with shared datasets from any location. Additionally, cloud-based GIS solutions can integrate with advanced technologies such as AI, big data, IoT and machine learning, supporting sophisticated spatial analysis, predictive insights and automated operational workflows. For instance, in December 2023, Eurostat, a Luxembourg-based government agency, in the EU, the proportion of enterprises purchasing cloud computing services rose by 4.2 percentage points in 2023 compared to 2021. Therefore, the adoption of cloud platforms drove the growth of the geographic information system (GIS) software market.
Innovations in Geospatial Technologies Driving Operational Efficiency
Companies operating in the geographic information system (GIS) software market are focusing on innovation in geospatial technologies, such as innovative geological mapping software, to enhance data accuracy, improve operational efficiency, reduce risks in hazardous environments, and provide real-time insights for better decision-making in industries like mining, urban planning, and environmental management. Innovative geological mapping software leverages advanced technologies like photogrammetry, LiDAR scanning, and AI to improve the accuracy, speed, and safety of mapping and analyzing geological features in both remote and hazardous environments. In September 2024, SRK Consulting, a Canada-based engineering and mining consultancy, launched HiveMap, an innovative geological mapping software designed to enhance the speed, accuracy, and safety of digital outcrop analysis. This tool enables geologists and geotechnical engineers to map rock exposures remotely using photogrammetry and light detection and ranging (LiDAR) scanning, reducing risks associated with hazardous environments while improving data collection efficiency.
The global geographic information system (GIS) software markets is fairly concentrated, with large players operating in the market. The top 10 competitors in the market made up 30.27% of the total market in 2024.
Geographic Information System (GIS) Software Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global geographic information system (GIS) software market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for geographic information system (GIS) software? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The geographic information system (GIS) software market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider geographic information system (GIS) software market; and compares it with other markets.