Geographic Information System Gis Software Market Overview
As per MRFR analysis, the Geographic Information System Gis Software Market Size was estimated at 22.42 (USD Billion) in 2022. The Geographic Information System Gis Software Market Industry is expected to grow from 24.74(USD Billion) in 2023 to 59.9 (USD Billion) by 2032. The Geographic Information System Gis Software Market CAGR (growth rate) is expected to be around 10.32% during the forecast period (2024 - 2032).
Key Geographic Information System Gis Software Market Trends Highlighted
Geographic Information System (GIS) software is a rapidly evolving market driven by advancements in technology and increasing demand for spatial data analysis. Key market drivers include the rise of smart cities, environmental monitoring, and infrastructure management.Opportunities for growth lie in the integration of GIS with artificial intelligence (AI) and machine learning (ML), enabling automated data analysis and predictive modeling. The adoption of GIS in cloud computing platforms also presents opportunities for scalability and cost efficiency.Recent trends in the GIS market include the increasing adoption of open-source GIS software, such as QGIS and GeoServer, as well as the emergence of geospatial cloud services, such as ArcGIS Online and Google Earth Engine. The market is also witnessing a growing focus on data visualization and user-friendly interfaces for improved decision-making.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Geographic Information System Gis Software Market Drivers
Increased Adoption of Location Intelligence
The Geographic Information System Software Market Industry is being driven by the increasing use of location intelligence across different sectors. Businesses and organizations are realizing the importance of using geographical information to understand their operations, customers, and the competitive environment. GIS software allows users to view, analyze, and interpret geographical information and data, giving insights that can help make better decisions which can lead to important business results.Mapping, examining spatial relations, generalizing, and doing spatial analyses have become crucial in sectors such as retail, transportation, utilities, and government.
Advancements in Data Collection and Processing Technologies
The development of the Geographic Information System (GIS) software market is also influenced by the progress in data collection methods and data processing means. In particular, the emergence of various remote sensing techniques, such as drones and satellite pictures, has facilitated the process of collecting spatial data in great amounts. It has also facilitated accurate and timely data provision. As well, the development of cloud technologies and big data analytics has enhanced the processing of large data amounts.In other words, the described technological progress has promoted the growth of the described market.
Government Initiatives and Regulations
Government initiatives and regulations are highly instrumental in driving the growth of the Geographic Information System Software Market Industry. Governments worldwide are becoming increasingly aware of the use of geospatial data and GIS technology in making informed decisions and implementing effective policies. Government agencies in various countries currently utilize GIS systems for land use planning, environmental management, natural resource mapping, and disaster response, among many others.Different regulatory frameworks require the use of GIS software for various applications, such as environmental impact assessments and infrastructure development.
Geographic Information System Gis Software Market Segment Insights
Geographic Information System Gis Software Market Deployment Model Insights
The Geographic Information System Software Market is segmented by deployment model into cloud-based and on-premises. The cloud-based deployment model has been experiencing strong traction in the recent period because it is highly scalable, cost-effective, and easily accessible. Cloud-based GIS software is hosted on providers’ remote servers, allowing users to access and manage their geospatial data from any location with an Internet connection. Therefore, organizations are not required to invest in their IT infrastructure in the form of servers, and the maintenance is performed by the remote hosting provider, reducing the initial investment as well as ongoing expenses.Hence, the cloud-based GIS is expected to witness growth at a CAGR of 12.5% from 2023 to 2032, reaching USD 34.2 billion by 2032. Conversely, the on-premises deployment model entails installation and running the software on an organization’s servers and infrastructure. That way, the organization has complete control over the servers and can customize the software as needed. Furthermore, data security and privacy are also controlled by the organization. However, this deployment model requires a large initial investment in servers, software, and IT support, so organizations with a less extensive budget can opt for the more cost-efficient and accessible cloud-based deployment.The on-premises GIS is expected to grow at a CAGR of 8.5% from 2023 to 2032, reaching USD 25.7 billion by 2032. Hence, the type of deployment is dependent on the organization’s requirements in terms of data security and the ability of its IT department to manage the systems on-site on the one hand and budget and scalability requirements on the other.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Geographic Information System Gis Software Market Application Insights
The Geographic Information System (GIS) Software Market is segmented into various applications, including Urban Planning, Natural Resource Management, Transportation Planning, Utilities Management, and Disaster Management. Among these, Urban Planning is expected to hold a significant market share in the coming years. The increasing urbanization and population growth worldwide are driving the demand for GIS software in urban planning and development. Governments and municipalities are leveraging GIS to optimize land use, improve infrastructure, and enhance the overall quality of life in urban areas.Similarly, Natural Resource Management is another key application segment where GIS plays a crucial role in managing natural resources such as forests, water bodies, and mineral deposits. GIS enables organizations to monitor, analyze, and visualize geospatial data to make informed decisions regarding resource conservation, environmental protection, and sustainable development.
Geographic Information System Gis Software Market Technology Insights
The Technology segment of the Geographic Information System (GIS) Software Market is categorized into 2D GIS, 3D GIS, 4D GIS, Mobile GIS, and Web GIS. The 2D GIS technology held the largest market share in 2023, and it is projected to continue its dominance throughout the forecast period. The growth of the 2D GIS market can be attributed to its wide range of applications in various industries, including urban planning, natural resource management, and disaster response. However, the 3D GIS technology is expected to witness the fastest growth during the forecast period.The increasing adoption of 3D GIS technology in industries such as architecture, engineering, and construction is driving the growth of this segment. Additionally, the growing popularity of mobile GIS and web GIS solutions is expected to further contribute to the growth of the GIS software market.
Geographic Information System Gis Software Market Industry Vertical Insights
The Geographic Information System (GIS) Software Market is segmented into various industry verticals, including government, utilities, transportation, defense, and telecommunications. Each vertical presents unique opportunities and challenges for GIS software providers. Government agencies leverage GIS software for urban planning, environmental management, and disaster response. The government sector is expected to account for a significant share of the GIS Software Market revenue, driven by increasing investments in smart city initiatives and the need for efficient resource management.Utility companies utilize GIS software to manage infrastructure assets, optimize network performance, and improve customer service. The growing demand for smart grid technologies is anticipated to drive market growth in this vertical. Transportation organizations employ GIS software for route optimization, fleet management, and traffic analysis. The transportation sector is poised to witness substantial growth due to the rising adoption of intelligent transportation systems and the need for enhanced mobility solutions. Defense agencies rely on GIS software for mission planning, situational awareness, and terrain analysis.The defense sector is expected to contribute a notable share to the GIS Software Market, driven by ongoing geopolitical tensions and the need for advanced mapping and visualization capabilities. Telecommunications companies leverage GIS software for network planning, fiber optic management, and customer service optimization. The increasing demand for high-speed broadband and the expansion of 5G networks are anticipated to drive growth in this vertical. Overall, the industry vertical segment presents a diverse and dynamic landscape for GIS software providers, with each sector offering distinct opportunities for growth and innovation.
Geographic Information System Gis Software Market Regional Insights
The regional segment of the Geographic Information System (GIS) Software Market holds significant importance in understanding market dynamics and growth opportunities. North America, Europe, APAC, South America, and MEA are key regions in the GIS software market. North America is expected to dominate the market in 2023, with a market size of USD 9.14 billion, primarily driven by the presence of established vendors and high adoption rates in sectors such as government, defense, and utilities. Europe follows closely with a market size of USD 6.38 billion, owing to the increasing use of GIS in urban planning, transportation, and environmental management.APAC is projected to witness substantial growth, reaching a market size of USD 5.72 billion by 2023, fueled by rapid urbanization, infrastructure development, and government initiatives in countries like China and India. South America and MEA are expected to show steady growth, with market sizes of USD 1.87 billion and USD 1.63 billion, respectively, in 2024. The growth in these regions is attributed to increasing investments in infrastructure, natural resource management, and disaster risk reduction.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Geographic Information System Gis Software Market Key Players And Competitive Insights
Leading companies operating in the Geographic Information System Gis Software Market industry are increasingly looking for ways to differentiate themselves from their competitors. Therefore, many companies are trying to occupy the fastest-growing market segments, as well as develop new services and open offices in new geographies. Competitive advantages are also being built by establishing partnerships and concluding deals in the market of Geographic Information System Gis Software Market. In addition, developers invest heavily in research and development to create cutting-edge technology. As the specialization is highly competitive, Geographic Information System Gis Software Market development has to focus on technological advancements and enhanced user experience. Leading companies use cutting-edge technology when developing Geographic Information Systems Gis Software Market projects. Esri is a leading developer of a wide range of GIS software products for numerous industries. ArcGIS program is a flagship product of Esri and it is used in many countries of the world for mapping, data analysis and decision-making. The company heavily invests in research and development and has a well-developed system of customer support. It has a strong position in North America and is increasingly investing in emerging markets.Hexagon AB offers a range of programs targeted for the Geographic Information System Gis Software Market. Those include, among others, ERDAS IMAGINE, GeoMedia, and Intergraph G/Technology, as well as other products tailored for specific needs of sectors such as utilities and transportation or public safety. Hexagon has a strong position in the utility, transportation and public safety sectors and is particularly active in the North American market. The strength of the company results from developing products aimed specifically at particular types of partners, as well as strong relationships with customers.
Key Companies in the Geographic Information System Gis Software Market Include
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Pitney Bowes
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Oracle Corporation
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Autodesk
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TomTom
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SAP
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Esri
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IBM
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Hexagon
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Microsoft
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Google LLC
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SuperMap Software
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Bentley Systems
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Trimble Navigation
Geographic Information System Gis Software Market Industry Developments
The Geographic Information System (GIS) software market is projected to reach USD 24.74 billion by 2023, exhibiting a CAGR of 10.32% during the forecast period 2024-2032. The growth of the market is attributed to the increasing adoption of GIS technology for various applications such as urban planning, environmental management, and disaster response.Recent developments in the GIS software market include the launch of new products with advanced features. For example, Esri, a leading provider of GIS software, recently released ArcGIS Pro 3.0, which offers improved performance and enhanced data management capabilities. Other key players in the market include Google, Hexagon AB, and Bentley Systems.The GIS software market is expected to witness significant growth in the coming years, driven by the growing demand for location-based data and the increasing adoption of digital technologies across industries.
Geographic Information System Gis Software Market Segmentation Insights
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Report Attribute/Metric
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Details
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Market Size 2022
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22.42(USD Billion)
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Market Size 2023
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24.74(USD Billion)
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Market Size 2032
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59.9(USD Billion)
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Compound Annual Growth Rate (CAGR)
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10.32% (2024 - 2032)
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Report Coverage
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Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
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Base Year
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2023
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Market Forecast Period
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2024 - 2032
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Historical Data
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2019 - 2023
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Market Forecast Units
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USD Billion
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Key Companies Profiled
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Pitney Bowes, Oracle Corporation, Autodesk, TomTom, SAP, Esri, IBM, Hexagon, Microsoft, Google LLC, SuperMap Software, Bentley Systems, Trimble Navigation
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Segments Covered
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Deployment Model, Application, Technology, Industry Vertical, Regional
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Key Market Opportunities
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Realtime GIS data analyticsCloud-based GIS solutionsIntegration with IoT devicesLocation intelligence for smart citiesGeospatial data management
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Key Market Dynamics
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Technological advancements, growing demand for location-based services, increasing adoption in various industries, government initiatives and cloud computing adoption
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Countries Covered
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North America, Europe, APAC, South America, MEA
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Frequently Asked Questions (FAQ) :
The GIS Software market size is expected to reach USD 24.74 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 10.32% from 2024 to 2032, reaching a total market value of USD 59.9 billion by 2032.
North America and Europe are the dominant regions in the GIS Software market, accounting for a significant share of the market revenue. Asia-Pacific is expected to witness the highest growth rate during the forecast period due to increasing urbanization, infrastructure development, and government initiatives to adopt GIS technology.
GIS Software finds applications in various industries, including urban planning, environmental management, transportation, utilities, defense, and agriculture. It is used for tasks such as data visualization, spatial analysis, and decision-making.
The major players in the GIS Software market include Esri, Hexagon AB, Trimble Inc., Autodesk, and Bentley Systems. These companies offer a range of GIS software solutions, including desktop, mobile, and cloud-based platforms.
The GIS Software market is witnessing several trends, such as the increasing adoption of cloud-based GIS solutions, the integration of artificial intelligence (AI) and machine learning (ML) technologies, and the growing demand for real-time GIS data.
The GIS Software market faces challenges related to data security and privacy concerns, the lack of skilled professionals, and the high cost of implementation and maintenance of GIS systems.
The GIS Software market presents growth opportunities in emerging economies, the increasing adoption of GIS technology in new application areas, and the development of innovative GIS software solutions.
The growth of the GIS Software market is driven by factors such as the increasing demand for location-based data, the need for improved decision-making, and the growing adoption of GIS technology in various industries.
The key end-user industries for GIS Software include government agencies, utilities, transportation companies, and environmental organizations.
The key trends that will shape the future of the GIS Software market include the increasing adoption of cloud-based GIS solutions, the integration of artificial intelligence (AI) and machine learning (ML) technologies, and the growing demand for real-time GIS data.
