The Geographic Information Systems (GIS) Market Size is anticipated to rise significantly, from USD 8.1 billion in 2020 to USD 14.5 billion in 2025. Between 2020 and 2025, this translates into a compound annual growth rate (CAGR) of 12.4%.

A number of important factors are driving the market for Geographic Information Systems (GIS). First, the growth of smart cities and the ongoing urbanisation process globally are pushing GIS usage. In order to improve infrastructure, maximise resource management, and raise resident quality of life, smart cities rely on cutting-edge technology. By offering geographic data analysis and visualisation, GIS plays a crucial part in smart city initiatives by facilitating effective urban planning, transportation management, and public services.

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Geographic information system market for software to grow at a higher CAGR during the forecast period

During the forecast period, the market for geographic information system (GIS) software is expected to expand significantly. The expansion of GIS's uses in fields including urban planning, disaster management, transportation management, and smart city development is a major factor in this growth. The use of GIS for marketing and business intelligence has expanded as a result of the integration of the technology with customer relationship management (CRM) and enterprise resource planning (ERP) systems.

Organisations may use GIS software to analyse and visualise geospatial data, which helps them make better decisions and run more efficiently. In developing cities, efficient resource allocation, land management, and infrastructure development are made possible by the use of GIS software. GIS software is used by disaster management organisations to analyse risks, prepare emergency response methods, and efficiently coordinate rescue efforts.

GIS market for the agriculture industry is expected to grow at highest CAGR during the forecast period

The agricultural industry's geographic information system (GIS) market is predicted to expand at the highest compound annual growth rate (CAGR) throughout the course of the forecast period. By facilitating effective management of land resources, GIS technologies play a significant role in assisting farmers to increase productivity and lower expenses. These remedies have the potential to solve issues encountered by small and marginal farmers everywhere, reducing the dangers of vulnerability and marginalisation.

GIS is highly demanded in the agriculture sector for a variety of uses. GIS technology supports livestock monitoring and enables farmers to efficiently track and manage their cattle. By offering information on crop health, growth patterns, and yield estimation, it helps with crop management. GIS is also used for maintaining and monitoring soil conditions and enabling exact irrigation of farmlands, which results in efficient use of water.

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APAC to be the fastest-growing region in the geographic information system market during the forecast period

During the anticipated time frame, the Geographic Information System (GIS) market will experience the quickest growth in the Asia-Pacific (APAC) region. The region is a fertile field for the implementation of GIS in numerous sectors due to its rapid infrastructure developments and development activities. China and other APAC nations have made enormous investments in urban planning and infrastructure development. This funding opens up possibilities for GIS use in initiatives for smart city planning and urban development. Geospatial surveying relies heavily on GIS technology like GNSS receivers and GIS collectors to provide the precise mapping and data collecting needed for infrastructure projects.

The demand for GIS solutions is being further fueled by the significant boom that China's building sector is experiencing. Construction operations make use of geospatial technologies to facilitate accurate project management, surveying, and mapping. The demand for GIS technology is anticipated to increase as China continues to invest in infrastructure projects. Additionally expanding in Japan is the building sector, which benefits the GIS market. GIS integration improves project planning, resource management, and efficiency in the construction industry. As the nation concentrates on urban development and infrastructure projects, the demand for GIS in the construction industry is anticipated to increase.

Key Market Players

Environmental Systems Research Institute, Inc. (Esri) (US), Hexagon AB (Sweden), Pitney Bowes Inc. (US), Autodesk Inc. (US), Trimble Inc. (US), Topcon Corporation (Japan), Hi-Target Surveying Instrument Co. Ltd. (China), Bentley Systems Inc. (US), Caliper Corporation (US), Computer Aided Development Corporation Ltd. (Cadcorp) (UK), SuperMap Software Co. (China), Harris Corporation (US), and Maxar Technologies Inc. (US) are among a few major players in the geographic information system market.

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