Geographic Information System Market size is forecast to reach USD 25.9 billion by 2030, after growing at a CAGR of 11.54% during the forecast period 2024-2030. As an emerging trend of technology, the field of GIS (Geographic Information System) is steadily expanding. The global Geographic Information System Market is growing steadily driven by increasing demand from the location-based services market, finds IndustryARC in its recent report, titled “Geographic Information System Market Size, Share & Trends Analysis Report-By Component (Hardware, Software), By Function (Mapping, Surveying, Telematics & Navigation, Location-Based Services), By End User (Agriculture, Oil & Gas, Construction, Mining, Transportation, Utilities, Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2030’’
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North America to Register Highest Share:
North America Geographic Information System Market generated a revenue of $4.7 billion in 2023 and is projected to reach a revenue of $9.8 billion by 2030 growing at a CAGR of 11.24% during 2024-2030. North America emerged as the dominant force in the Geographic Information System (GIS) market, commanding a significant market share of approximately 39%. The region’s supremacy is attributed to its status as a technology innovation hotspot, characterized by the seamless incorporation of modern technologies into GIS systems. This infusion of innovation has markedly enhanced the capabilities and functionalities of GIS solutions in North America.
Geographic Information System Market2023-2030: Scope of the Report
Report Metric | Details |
Base Year Considered | 2023 |
Forecast Period | 2024–2030 |
CAGR | 11.54% |
Market Size in 2030 | $25.9 billion |
Segments Covered | Component, Function, End User and Region |
Geographies Covered | North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands, Denmark and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa). |
Key Market Players |
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Geographic Information System Market Report – Key Takeaways:
Integration of AI and ML
GIS platforms are incorporating AI and ML algorithms to automate data processing, analysis, and decision-making processes. These technologies enable predictive modeling, spatial pattern recognition, and data-driven insights, enhancing the efficiency and accuracy of GIS applications. By leveraging AI and ML capabilities, organizations can extract valuable insights from geospatial data, identify trends, and optimize resource allocation, leading to improved planning, management, and decision-making across various sectors.
Demand for Cloud Based GIS
Cloud computing offers scalability, flexibility, and accessibility, enabling organizations to access GIS software and data remotely via the internet. Cloud-based GIS platforms provide on-demand access to geospatial data, tools, and services, facilitating collaboration, data sharing, and real-time updates across distributed teams and stakeholders. Additionally, cloud-based GIS solutions offer cost savings, reduced IT infrastructure requirements, and enhanced data security compared to traditional on-premises deployments. As organizations seek to digitize workflows, streamline operations, and leverage geospatial data for decision-making, there is growing demand for cloud-based GIS solutions that enable seamless integration, scalability, and agility in a dynamic and interconnected world.
Growing Emphasis on Sustainability
GIS technology plays a crucial role in environmental planning, conservation, and natural resource management by providing spatial analysis tools, modeling capabilities, and visualization techniques. Organizations, governments, and NGOs are leveraging GIS to monitor land use changes, assess biodiversity, manage ecosystems, and mitigate environmental risks such as climate change, deforestation, and pollution. Additionally, GIS platforms facilitate stakeholder engagement, collaboration, and decision support in sustainable development initiatives, enabling informed decision-making and effective resource allocation. As the focus on sustainability grows, there is increasing demand for GIS solutions that enable organizations to monitor, measure, and manage their environmental impact and achieve sustainability goals.
Issues with Data Quality
GIS applications rely heavily on accurate and up-to-date geospatial data from various sources, including satellite imagery, GPS surveys, and government databases. However, data quality issues such as inaccuracies, inconsistencies, and outdated information can compromise the reliability and effectiveness of GIS analysis and decision-making. Additionally, integrating disparate datasets from different sources with varying formats, resolutions, and coordinate systems can be complex and time-consuming, requiring robust data management strategies and interoperability standards to ensure seamless integration and compatibility across systems.
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Key Opportunity Analysis:
Rising Integration in Smart Cities
As urbanization continues to rise globally, cities are increasingly adopting GIS technology to address complex urban challenges such as traffic congestion, air pollution, and infrastructure development. GIS platforms enable city planners, policymakers, and stakeholders to visualize spatial data, analyze trends, and make informed decisions to improve urban livability, sustainability, and resilience. By integrating GIS with IoT sensors, real-time data feeds, and predictive analytics, cities can optimize resource allocation, enhance public services, and create smarter, more efficient urban environments. Moreover, the growing emphasis on sustainability and environmental management in cities presents opportunities for GIS providers to develop solutions that support green infrastructure planning, energy efficiency, and climate change adaptation strategies, contributing to the development of more resilient and sustainable cities.
Digital Transformation of Infrastructure and Utility Industries
Utility companies, including water, gas, and electric utilities, are increasingly adopting GIS technology to manage assets, monitor networks, and optimize operations. GIS platforms enable utilities to visualize network assets, analyze spatial data, and predict maintenance needs to enhance reliability, efficiency, and safety. Additionally, GIS plays a critical role in infrastructure planning, design, and construction, enabling stakeholders to assess site suitability, analyze environmental impacts, and mitigate risks. With the aging infrastructure and increasing demand for reliable and resilient utilities, there is growing demand for GIS solutions that streamline workflows, improve asset management, and support regulatory compliance in the utilities and infrastructure sectors.
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The Report also Covers the Following Areas:
Geographic Information System Market2023-2030: Key Highlights
Covid and Ukrainian Crisis Impact:
The Covid-19 pandemic led to disruptions in supply chains, project delays, and economic uncertainties, affecting the adoption and implementation of GIS technology across various industries. Organizations faced challenges in data collection, fieldwork, and collaborative decision-making processes due to travel restrictions and remote working arrangements imposed to curb the spread of the virus. Additionally, the economic downturn resulting from the pandemic led to budget constraints and reduced investments in GIS projects, particularly in sectors heavily impacted by the crisis such as retail, hospitality, and transportation.
The Russia-Ukraine war introduced geopolitical tensions and supply chain disruptions, affecting the availability of critical geospatial data, satellite imagery, and GPS services. Despite these challenges, the pandemic highlighted the importance of GIS technology in crisis response, public health surveillance, and decision support, driving increased awareness and demand for GIS solutions to address emerging challenges and build resilience in a post-pandemic and geopolitically uncertain world.
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List of Key Market Players in Geographic Information System Market:
The key companies profiled in the Geographic Information System Market Report are listed below:
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