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The Global Geographic Information System (GIS) Market size is expected to reach $20.7 billion by 2023, rising at a market growth of 12.9% CAGR during the forecast period. Geographic Information System is a tool that is used to collect, manages, analyse and provide required information for managing raw information as per the requirement of end-users. With technological advancements, the price of such system is expected to decrease in years to come. Today there are various GIS software?s available and deployed in a wide range of application including earth and environment science, terrain modelling, government agencies management, disaster management, forestry, agriculture, population information, transportation, education, healthcare and financial services among others.
Rising need of information in the field of resource management have necessitated the deployment of several modern system to incorporate analytical model for proving solution to various spatial problems have boosted the market for GIS software in the recent years. Based on End User, the Geographic Information System (GIS) market segments the market into Public Sector and Private Sector. Based on Type, the market report segments the market into Software, Service, and Data. Based on Application, the Geographic Information System (GIS) market segments the market into Disaster Management, Land Information, Map Viewing (Cartography), Infrastructure Management, Business Information, Military & Defence (Geopolitics), Mineral Exploration (Geoscience), and Others.Based on Vertical, the market report segments the market into Utilities, Transportation, Government Agencies, Retail, Oil & Gas, Healthcare, Financial Services, Telecom, and Others. Based on Regions, the Geographic Information System (GIS) market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. The market research report covers the analysis of key stake holders of the Global Geographic Information System (GIS) Market. Key companies profiled in the report include Pasco Corporation, Ubisense Group plc. Beijing SuperMap Software Co., Ltd., Hexagon AB, Schneider Electric SE, Environmental Systems Research Institute, Bentley Systems, Incorporated, Autodesk, Inc., Pitney Bowes Inc., and MacDonald, Dettwiler and Associates Ltd.