In the recent trend, the technological
advancement has taken place more significantly whereas; the geographic
information system performs increasingly with the effective capability of
sophisticated mapping and geographic analysis functions. The upsurges in the
processor and peripheral device functioning have made conceivable complex
database management and modeling, and great quality vector graphics at less
cost to geographic information system. The geographic information system make
possible to analyze and read data in a visual manner, simple and reachable
everywhere, on all media and at any time. Furthermore, the players of this
market are effectively increasing the specifications of such systems which
further develop the service’s efficiency and makes the market more competitive
for delivering the better services and increase the level of consumer
satisfaction which further proved to be benefitted for increasing the value of
market share and leading the fastest market growth across the globe more
positively around the globe more significantly.
According to the report analysis, ‘Global
Geographic Information System Market Size Study, by Component (Software,
Service, Hardware), by Usage (Mapping, Surveying, Navigation) by Application
(Construction, Agriculture, Aerospace, Mining, Transport), by Device (Mobile,
desktop), and Regional Forecasts, 2017-2025 (USD Billion/Million)’
states that there are several key players which are recently functioning in
this sector more actively for leading the fastest market growth and dominating
the high value of market share across the globe more positively during the
forecasted period while getting the detailed information related to the crucial
aspects such as drivers and restraining factors which further define the future
growth of the market and investing the high value of money for developing the
technological specifications of the systems includes Auto Navi software co.
ltd, Bentley System Inc., Supercap Software co. ltd, Topcon Positioning System,
Trimble Inc., CARTO, The Economic and Social Research Institute (ESRI), Hexagon
AB, Pitney Bowes Inc., and several others.
The Global Geographic Information System
Market industry worth approximately USD 6 billion in 2016 is projected to grow
with a healthy growth rate of more than 7.07% over the forecast period of
2017-2025. Moreover, the global market of geographic information system is
segmented into different sectors which majorly involves component, usage,
application, device and region. Whereas, based on the component the market is
further divided into service, hardware and software while, on the basis of
usage the market is split into navigation, surveying and mapping. Nonetheless,
the sector of application includes aerospace, construction, agriculture,
transport and mining for instance, based on the device the market includes
desktop and mobile. Due to the significant market segmentation the market is
spread around the globe which extremely includes North America, Europe, Asia
Pacific, Latin America and Rest of the World. However, the developed regions
are dominating the handsome amount of market share around the globe more
positively with the adoption of effective and innovated technologies.
The major aspects of driving the growth are
increasing need for infrastructural improvement such as Smart cities, Water and
Land development, Utility, and urban Planning. Therefore, in the near future,
it is anticipated that the market of geographic information system will
increase around the globe more positively over the recent few years.
For more information, click on the
link below:
Contact Us:
Ken Research
Ankur
Gupta, Head Marketing & Communications
+91
9015378249