The Business Research Company’s Geographic Information System (GIS) Software Global Market Report 2024 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Geographic Information System (GIS) Software Global Market Report 2023 evaluates geographic information system (gis) software market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global geographic information system (gis) software market is expected to grow from $8.24 billion in 2023 to $9.46 billion in 2024 at a compound annual growth rate (CAGR) of 14.9%. The growth in the historic period can be attributed to government and defense applications, urban planning and infrastructure development, environmental conservation, consumer navigation and location-based services. The geographic information system (GIS) software market size is expected to see rapid growth in the next few years. It will grow to $16.31 billion in 2028 at a compound annual growth rate (CAGR) of 14.6%.
The increased mobility and transportation are expected to propel the growth of the GIS software market in the coming future. mobility is the capacity or tendency to shift from a particular position or circumstance to a better one. Transportation is the act of moving people or goods from one place to another by a variety of modes. GIS software is used in mobility and transportation to analyze investment plans for public transport to determine how accessibility can be increased by route planning and analysis, traffic analysis and management. For instance, in November 2022, according to the United States Bureau of Transportation Statistics, a US-based organization that collects, analyzes and disseminates data about the nation’s transportation, the US transportation sector’s contribution to GDP increased from 5.4% in 2020 to 5.6% in 2021. Further, In-house air, railroad, water and freight transport increased by 0.1% points (from 0.9% in 2020 to 1.0% in 2021). Therefore, increased mobility and transportation are driving the GIS software market.
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The geographic information system (gis) software market segments in the report are:
1) By Component: Software, Services
2) By Type: Desktop GIS, Server GIS, Developer GIS, Mobile GIS, Other Types
3) By Function: Mapping, Surveying, Location-Based Services, Navigation And Telematics, Other Functions
4) By Industry Vertical: Automotive, Energy And Utilities, Government, Defense And Intelligence, Smart Cities, Insurance, Natural Resources, Other Industry Verticals
The table of contents in TBRC’s geographic information system (gis) software market report includes:
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