Showing posts with label Geographic Information System Market Size. Show all posts
Showing posts with label Geographic Information System Market Size. Show all posts

Why Future of Geographic Information Systems Is Bright?

 All forms of data may be created, managed, analyzed, and mapped using a geographic information system (GIS). This links data to a map and combines all kinds of descriptive data with geolocation data (where objects are).

This offers a basis for analysis and mapping, which are applied in science and practically every sector of the economy. GIS aids users in comprehending trends, connections, and spatial context. The advantages include decision-making and better management, as well as enhanced efficiency and communication.

Governments are spending more money on such technologies for use in aerospace, military, and homeland security, which raises demand for them. Several suppliers have developed cutting-edge goods recently to meet the needs of governments in emerging nations.

In addition, the GOI launched the Digital India project, whereby it makes investments in bettering the infrastructure for location-based services and internet connection with private-sector businesses.

Route planning, maintenance management, traffic modeling, and accident analysis are further GIS uses in the transportation industry. It aids in more efficient planning, monitoring, and administration of the intricate systems engaged in transportation management and planning.

For example, Ola and Uber have been using this technology in the form of a digital meter in their smartphone applications, which aids in locating the closest vehicles that are available and automating payments depending on the distance traveled.

Additionally, it assists in the analysis of current routes, the gathering of data, and the notification of passengers about route modifications, all of which increase demand.

What Are the Benefits of GIS?

·         Make Wiser Business Choices

Businesses may acquire crucial insights that support the success of their operations by fusing regional and location-specific information with other corporate information.

Companies can choose trade locations, assistance regions, and clients of attention using spatial issues, and present the facts in thematic maps and evaluations to make faster and wiser business decisions.

·         Enhance Functional Performance While Cutting Costs

The information offered by GIS is utilized to re-engineer and enhance business operations, as well as significantly improve operational planning and control. It offers suggestions for optimizing redirections, as well as services for planning and verifying.

·         Increase Sales and Customer Service

The key to boosting income is to comprehend your customers, offer them the finest support feasible, and locate more people who share their interests. To concentrate on industrial growth, GIS enables organizations to identify their best clientele and utilize spatial concerns to identify regional locations where comparable censuses apply.

Increasing GIS Use in Disaster Management

Applications for disaster management, such as forest fire management, flood management, climate change monitoring, and carbon management, have increased the use of geographic-based information systems during the last few years.

This technology is frequently used by governments of wealthy nations in Europe and North America as well as emerging nations like Brazil, China, and India for disaster management.

The early detection of critical situations is made easier by geographic-based information systems. With the use of this technology, disasters like wildfires, tsunamis, storms, earthquakes, diseases, floods, and oil spills may be displayed.

Authorities in emergency management utilize the data at their disposal to manage catastrophes and assess the effects of a potential disaster.

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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. 



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.


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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