****** GIS Market anticipated to grow at a higher CAGR of 10.31% by 2022

7-dec-2018 The ****** GIS market is anticipated to grow at a higher CAGR of 10.31% during the period 2018-2022. Geographical information systems are a robust technology that enables the collection and accumulation of geographic data to assist the development of a particular domain. For instance, in agriculture, it is used to monitor the scope of arable land and growth of crops from season to season.

The GIS software enables the probability of data synthesis by combining the different layers of information to capture and retrieve the data in a more efficient manner. GIS is a powerful mean for storing, editing, sharing, and displaying geographically referenced information. More generically, it is a software tool that enables the user to create interactive sessions and analyze spatial information to produce efficient results pertaining to elements within a particular geography.

GIS market is driven by rising activities toward development of smart cities. Increase in urbanization and growth in infrastructural developments for water & land management are likely to propel the market growth during the forecast period. Rise in use of location-based services in the food & transport industry is one of the major contributors to the market development. Geo-analytics coupled with location based data services is likely to contribute to the market growth in the forecast period.

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Software vendors are now adapting to GIS based services as an additional feature in the software life cycle. Industry players are now enhancing the product based by introducing LiDAR technologies& cloud geographical information systems solutions as a part of their service. GIS market is segmented by component into hardware and software. By hardware, the market is further segmented in to total station, GIS collector, GNSS antenna and LIDAR. By function, the GIS market is segmented as telematics and navigation, surveying, mapping and location-based service.

GIS market is geographically segmented into North America, South America, Europe, Asia-Pacific, Europe, Middle East and Africa. Key players profiled into geographical information systems market report are Blue Marble Geographics, Computer Aided Development Corporation Ltd, Geosoft Inc, Handheld Group, Hi-Target Surveying Instrument Co Ltd, MacDonald Dettwiler and Associates Ltd and Super map Software Co Ltd.

About GIS

A geographic information system (GIS) is a system tool that integrates software, hardware, and allied services to capture, analyse, store, manipulate, and present geographic or spatial data. A GIS is used by various end-user industries such as government, natural resources, military, utilities, and telecommunications.
Covered in this report 

The report covers the present scenario and the growth prospects of the ****** GIS Market. To calculate the market size, the report considers the revenue generated from the sales of software, data, and services for different end-user industries.
The market is divided into the following segments based on geography: 
• Americas

This report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors 
• Autodesk
• Maxar Technologies
• Pitney Bowes

Market driver 
• Integration of BIM and GIS
• For a full, detailed list, view our report

Market challenge 
• Communication gap between developers and end-users
• For a full, detailed list, view our report
Market trend 
• Development of indigenous mapping systems
• For a full, detailed list, view our report

Browse Full Research Report With TOC: https://www.radiantinsights.com/research/******-gis-market-2018-2022
Key questions answered in this report 
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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