Business Impacts of COVID-19 on GIS Market | Strategies of Major Industry Competitors

GIS vendors offer services (managed and professional), hardware, data, and software. As GIS data is extensively used for routing, modeling, mapping, reporting, and geocoding, its demand is expected to be the highest in the coming years. In addition to this, GIS data is in high demand for regional literacy mapping applications in emerging economies, including Mexico, India, Brazil, and China. 

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Moreover, GIS is registering a high demand from the water & wastewater sector, on account of the strict government regulations, including Water Law of the People’s Republic of China and America’s Water Infrastructure Act 2018, for providing safe drinking water in major countries. The smart city project projects of China, where GIS is being utilized in development and planning, are further predicted to make APAC the fastest growing GIS market in the coming years.

The demand for GIS for mapping is further projected to increase in developing countries, for utilization in urban planning applications, such as classification of land zone, water quality management, land acquisition, and environment impact and urban growth assessment. Apart from the defense & aerospace sector, industries which utilize GIS include healthcare, oil & gas exploration, telecommunications, water & wastewater, oil & gas refining, government, transportation & logistics, and engineering & business services. 

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The government sector made the most use of GIS in the past, due to the fact that the governments of Canada and the U.S. are using the tool for analyzing food production sources, in order to eradicate hunger. In addition to this, the mapping of environmental degradation and climate changes is also being carried out for reporting and monitoring the changes. The utilization of GIS is projected to grow significantly in both North America and Asia-Pacific (APAC) in the near future, due to the increasing investments in GIS-based infrastructure by governments in both the regions.

Hence, the adoption of GIS is increasing in the defense sector and for mapping applications.

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Geographic Information System (GIS) Market Predicted to Grow at 10.7% CAGR in Coming Years

The Office of Information Management and Technology in Hawaii (the U.S.) offers a 3D geographic information system (GIS) map, which covers 19,500 measured buildings of Honolulu, as a part of its open data program. Likewise, other countries, such as China and India with new and proposed smart cities, are predicted to adopt 3D-based virtual reality geographic information systems (VRGIS). Since 3D GIS is an extension of GIS, it becomes important to get acquainted with the basic term. A GIS is a system that is designed to store, capture, manipulate, manage, analyze, and present all sorts of geographical data. The data captured can be used for mapping of specific places, mapping quantities, densities, and changes related to that place, and finding what is nearby or inside a place. These systems have gained immense popularity in urban development and city planning in emerging countries, as they provide a detailed and improved insight.

Modern maps are developed keeping in mind the easy accommodation of new data as it becomes available, which is leading to the increasing adoption of 3D GIS maps. As per Environmental Systems Research Institute Inc., due to the shift from 2D mapping of smart cities to the 3D model, 3D-based urban planning is growing rapidly. 

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The system finds application in several areas, such as oil & gas exploration and refining, aerospace & defense, government, engineering & business services, healthcare, telecommunications, transportation & logistics, and water & wastewater. In the coming years, the adoption of GIS is predicted to be steady in the telecommunication sector due to the growth in wireless communication infrastructure in Middle East and Africa.

The government sector has been and is projected to be the largest user of the GIS technology; the sector is investing heavily in GIS. Such solutions are used by the government for application in military, aerospace, and homeland security. For instance, for routing vehicles in mainland China, the Chinese government introduced a national street-level mapping project. Similarly, due to the initiation of the Digital India Initiative, the central government and private sector companies are predicted to invest in improving the location-based services infrastructure and internet connectivity across the country. India is also projected to develop GIS-based data for land management, land records, and ownership details. Initiatives such as these have compelled GIS vendors to come up with innovative products that meet the needs of users, especially in developing countries.

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Major players in the market are focusing on product launches to increase their consumer base. For instance, In May 2019, Esri launched ArcGIS Excalibur, a web application that enables discover, search, and image exploitation for timely intelligence. ArcGIS Excalibur adds new value to imagery specialists as an intuitive application that helps to streamline structured observation management (SOM) workflows and helps to introduce users’ image exploitation and analysis. Furthermore, in 2019, IQGeo Group plc launched geospatial platform that takes a reality-centric approach, designed for infrastructure companies, providing real-time network view to the companies.

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