Published: May 2017
Report Code: IM10365
Category : Telecom & Wireless
The global geographic information system (GIS) in the study refers to the system which deals with geographic information. It offers the flexibility to visualize, analyze and interpret the geographic information to figure out relationships, patterns and trends among the georeferenced information. The market size in the study represents the revenue generated from sales of software, hardware and services used in the geographic information system. The application areas of GIS technology include government, water and wastewater management, telecommunication, engineering and business services, aerospace and defense, oil and gas refineries, transportation and logistics, healthcare, and oil and gas exploration.
GLOBAL GIS MARKET, BY COMPONENT, $M (2013 – 2023)
The growth of GIS market depends largely on its base market in the region. The U.K., followed by France was the largest contributors to the GIS market in Europe in 2016. U.S. and Canada were the largest GIS market in North America, whereas China, India and Japan have been the major markets in Asia-Pacific. The GIS market in rest of the world region is in a nascent phase. The developing countries in Middle East and Africa have limited consumer awareness about the importance of GIS, as a part of infrastructure.
The growth of the global GIS market can be attributed to the implantation of LIDAR technology and increasing availability of spatial data and cloud technology. However, higher costs of implementation is limiting the growth of GIS market.
During the recent years, the demand for 3D based GIS has increased, owing to the development of smart cities in China, India, and other South East Asian countries. The use of 3D GIS is witnessing rapid growth in building surveillance applications. The recent increase in expenditure on disaster management facilities in Japan, China and other developing countries in Asia-Pacific has increased the penetration of GIS in the region.
The GIS technology has witnessed significant growth in disaster management, including flood management, forest fire management, carbon management and climate change. The modern geographic information system provides real-time information on geography, and any changes in the information leads to assessment by experts. The government in developed countries of North America and Europe are profoundly reliant on GIS for disaster management. Moreover, the use of GIS technology for disaster management is also witnessing increasing penetration in developing countries including China, Brazil and India.
GIS facilitates the detection of emergency management requirements prior to an incident. Disaster events, such as tsunami, wildfires, floods, hurricanes, earthquakes, epidemics and oil spills can be shown and presented in GIS. An emergency management personnel use the available data to manage the disaster or analyze the consequences of a possible disaster. In Taiwan, ArcGIS (GIS Software from Esri) is managing majority of government's GIS work through the Emergency Information Management System (EIMS). Similarly, the governments in India, Japan and China majorly rely on the GIS based disaster management technology.
Geographic information systems have witnessed high penetration in enterprise applications. The industries have rich data; however, they have lower level of location-based information. The modern GIS solution provides precise and meaningful business intelligence for effective product management and accurate marketing information about clients. The modern GIS technology is steadily transforming the enterprise command technique, under multiple location scenarios. Moreover, the organizations are also investing heavily in GIS implementation, to access geographical data and application across the organization. The enterprise GIS solution offers numerous benefits such as resource sharing, organization data, and improved decision-making. The technology also helps organizations in effective inter-departmental communication and resource sharing.
LIDAR (light detection and ranging) is an optical remote-sensing technology, which offers high accuracy of measurement while making use of laser light. LIDAR offers several advantages over traditional surveying technologies including trimmed cost and high data accuracy. Owing to this, traditional surveying technologies such as photogrammetry are being replaced by this technology. This technology is commonly used in airborne laser mapping applications and is also gaining popularity in various mapping applications. Benefits associated with LIDAR are driving the GIS market growth across all application areas.
The geospatial information has increased exponentially over the past few years, which has led to large-scale adoption of GIS technologies across new application areas such as marketing and advertisement. GIS engineering application is one of the main beneficiaries of the easily available geospatial data. SaaS based cloud-computing, increase in number of mobile device users and other data capturing technology are few of the factors driving the growth of GIS market, globally.
The high initial setup cost of GIS, along with lack of authentic spatial data are the major factors restraining the growth of the global GIS market. Huge capital is needed for database development and management of the overall GIS system. Small and medium scale industries and governments of developing countries are less interested in setting up costly GIS projects, which in turn is hindering the growth of GIS market.
With growing competition, companies involved in GIS market are focusing towards enhancing the features of their product/services. In addition, these companies are also heavily investing in research and development of GIS products to take competitive advantage. In the recent past, partnerships between the companies and product launch & modification are the major recent activities in the global GIS market. SuperMap, Esri, Ubisense and Autodesk are the major companies involved in partnership and product launch & modifications.
Some of the major companies operating in the global GIS market include Environmental Systems Research Institute Inc. (Esri), Pitney Bowes Inc., MacDonald, Dettwiler and Associates Ltd., SuperMap Software Co. Ltd., PASCO CORPORATION, Ubisense Group Plc., Bentley Systems Incorporated, Schneider Electric SE, and Autodesk Inc.
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