November 14, 2018: Global Geographic
Information System (GIS) Market is expected to grow at a
significant CAGR in the upcoming years as the scope is increasing across the
globe. Increasing demand of GIS engineering applications can be attributed to
the growing traditional GIS systems in the global market. With GIS it is
possible to map, model, query, and analyze large quantities of data all held
together within a single database.
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| Geographic Information Systems |
A
geospatial information system or (GIS) is a conventional tool that understands
geographical or information. The systems digitalize the received geographical
data, process (store, infer, analyze) the data, and deliver the required output
to the consumers. Various Industries around the world are implementing GIS
systems to obtain precise results and enhance their operations.
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The
geographic information system (gis) market is anticipated to grow owing to the
Increase in demand for process industries such as Petrochemicals, Oil and Gas,
Steel & Metal, and Mining industry which consists of individual
manufacturing units that need to be located and coordinated to continue smooth
flow till the finished product. Portfolio optimization, site selection, and design
& construction, is provided by GIS to maintain and operate the facilities.
The
development of open source GIS software is projected to increase the demand for
GIS engineering applications. Numerous systems are available which cover all
sectors of geospatial data handling through cloud. Increasing demand for 3D GIS
software can also be major factor since this software produces images in 3D
format thereby allowing the end users to efficiently utilize the systems.
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Based
on its end user type GIS engineering information system can be segmented into
public sectors and government agencies. Public sector is further segregated
into natural resources, utility and telecom. Utility segment is expected to be
the largest end user segment. Financial, retail and transportation industries
are also expected to witness fastest growth.
North
America accounts for the largest market share in the global GIS engineering
application market owing to increase in demand for monitoring trade
transactions and enhancing internal security through GIS software. Asia pacific
geographic information system (gis) market is expected to witness high growth
rate on account of rapid development in infrastructure and planning of
developing economies such China and India. Increasing manufacturing facilities
may also be attributed to the growth in this region.
Market Segment:
This report studies the global
Geographic Information Systems market, analyzes and researches the Geographic
Information Systems development status and forecast in United States, EU,
Japan, China, India and Southeast Asia. This report focuses on the top players
in global market, like
•
Pasco
•
Ubisense Group
•
Beijing SuperMap Software
•
Hexagon
•
Schneider Electric
•
Environmental Systems Research Institute
•
Bentley Systems
•
Autodesk
•
Pitney Bowes
•
MacDonald, Dettwiler and Associates Ltd
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