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Global GIS Market 2019-2023|Current Industry Status & Growth Opportunities, Top Key Players like Autodesk Inc., BENTLEY SYSTEMS, INCORPORATED expected to reach CAGR of 11.8%.

GIS

GIS market research and analysis focus on rising market drifts to assist businesses to find market opportunities and develop effective ways to optimise their market positions in Software,Software & Services sectors. The Report contains complete coverage, intensive analysis, and actionable market insights to spot opportunities in existing and potential markets. The report also contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The report can be used by marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors also established as well as new entrants to live competitive positions in dynamic market situations. Industry experts project GIS market to grow at a CAGR of 11.8% during the period 2019-2023.

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About Keyword Market-
AR plays a vital role in visualizing location data and extracting digital information using smartphones. The integration of an AR application with GIS helps in visualizing data of roads and footpaths associated with the vast network of water, electricity, and gas lines. The AR systems integrated with GIS can provide accuracy and stability by converting the traditional GIS data into AR displays based on physical views. AR uses an interface to visualize and can be easily installed on mobile platforms for delivering GIS data. Research analysts have predicted that the GIS market in the utility industry will register a CAGR of over 12% by 2023.

Key vendors operating in GIS market space are:

  • Autodesk Inc., BENTLEY SYSTEMS, INCORPORATED, Esri, HEXAGON, Pitney Bowes Inc.

GIS Market Trend, Challenge and Driver: –

Market Overview

  • Increased adoption of GIS solutions in the utility industry
  • The adoption of GIS in the utility industry is increasing, as it allows the industry to access the geospatial data and applications. GIS provides a better understanding and enables efficient utility operations.
  • The GIS solution enables the utility industry to create maps, organize and integrate location data of all points, visualize the scenarios, and extract and analyze actionable insights.
  • The threat from open-source GIS software
  • The high cost of GIS software has led to an increased demand for open-source GIS software in the market, especially in emerging countries. These countries consist of many SMEs, which require GIS services.
  • The SMEs do not have enough capital to invest in GIS technology, hence, they prefer open-source GIS software.
  • For the detailed list of factors that will drive and challenge the growth of the GIS market in the utility industry during 2019-2023, view our report.

Competitive Landscape

  • The market appears to be fairly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

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Consumer Landscape: –

The key to any successful business is understanding the new demands of the customers and keeping a close watch on the changing model of the client base. The more you engage with your client base, the clearer you are about the most productive ways in which to hook your ideal customer. Predicting what your customers want, even before they themselves know about it, is the first step to profitable innovation.

Geographic Segmentation covered in GIS Market Report: –

  • North America (USA, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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This GIS market research is the result of

Qualitative analysis: – GIS Market drivers, Market challenges, Market trends, Five forces analysis.

Quantitative analysis: – GIS Market size and forecast, Market segmentation, Geographical insights, Competitive landscape.

Primary research: – GIS Industry journals and periodicals, Government bodies, Annual reports of key stakeholders.

Secondary research: – GIS Manufacturers/suppliers, Channel partners, Industry experts, Strategic decision makers.

Data synthesis: – Collation of data, Estimation of key figures, Analysis of derived insights.

Data validation: – Triangulation with data models, Reference against proprietary, databases, Corroboration with industry experts.

Other Analyses: Apart from The Aforementioned Information, Trade and Distribution Analysis for The Manufactured Housing Industry, SWOT Analysis for New Projects and Feasibility Analysis for New Investment Are Included.

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