Astonishing Global GIS Market Size 2022-2030 and Key players

GIS Market Size

Last Updated on July 1, 2022 by visitgis

We can divide GIS market size into two major segments

  • GIS Software and Applications
  • Survey and Mapping Services

GIS Software and Applications Market Size

The GIS software market size was estimated at $6.3 billion in 2020, and it is expected to reach $25.5 billion by 2030. It is growing at a CAGR of 15.2% from 2021-2030.1

No doubt the GIS industry affected positivity unexpectedly in COVID-19 lockdown around the globe. It is the best fit of the GIS industry, it finds a way forward in any field with optimized spatial solutions. GIS provided the health industry to manage this pandemic in a more organized way.
GIS Market Size

Market Impacting Factors

Geographical information system is an information management industry, especially related spatial information.

Population in the world is currently (2020) growing at a rate of around 1.05% per year (down from 1.08% in 2019, 1.10% in 2018, and 1.12% in 2017). The current average population increase is estimated at 81 million people per year. Annual growth rate reached its peak in the late 1960s, when it was at around 2%.

Population is increasing and its estimated growth is about 81 million people per year. One of the major factors that is generating demand for GIS applications is smart cities and modern urban planning.

Smart Cities GIS based Planning for Better living

GIS applications take part in modern planning decisions and management. GIS aids in process of

  • site selection
  • land analysis
  • optimized land use planning
  • designing
  • Construction
  • Project Management
  • Operations
  • Reporting

GIS applications provide fantastic solutions.  It resolves advanced problems of the real world by the combination of Geography , IT, and AI. GIS provides a thorough view of land and as build infrastructure by analyzing geospatial data through satellite imagery, aerial photography. Its broader term for the above statement is Remote sensing. This is another segment of Mapping services. Remote sensing is an art of visualizing and analyzing the globe on a larger scale with long distance sensors and modern processing machines. Such applications of GIS software solutions propel the growth of the geographic information system software industry.

Increase in use of GIS for facility management

GIS system software can efficiently manage corporate information depending on its location. GIS can track consumer locations, site businesses, focus marketing campaigns, improve sales regions, and predict retail purchasing trends. GIS software provides this extra benefit to make businesses more competitive and profitable, which is one of the major factors driving the growth of the GIS industry. Furthermore, adoption of GIS for developing targeted marketing strategies by organizations from various industries will increase the market share for the GIS solutions in the future.

Key Market Segments

  • By By Component
    • Software
    • Services
  • By Type
    • Desktop GIS
    • Server GIS
    • Developer GIS
    • Mobile GIS
    • Others
  • By Function
    • Mapping
    • Surveying
    • Location-Based Services
    • Navigation and Telematics
    • Others
  • By Industry vertical
    • Automotive
    • Energy and Utilities
    • Government
    • Defense and Intelligence
    • Smart Cities
    • Insurance
    • Natural Resources
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
    • Europe
      • Italy
      • Netherlands
      • Rest of Europe
      • United Kingdom
      • Germany
      • France
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • Australia
      • India
      • Rest of Asia-Pacific
    • LAMEA
      • Latin America
      • Middle East
      • Africa

Key Market Players

  • Autodesk, Inc.
  • Bentley Systems
  • Caliper Corporation
  • Computer Aided Development Corporation Ltd.
  • Esri
  • General Electric Co.
  • L3Harris Technologies
  • Hexagon AB
  • Pitney Bowes Inc.
  • Trimble Inc.

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