According to the report, Growing public awareness about reducing the socioeconomic impact of natural disasters
is one of the primary growth factors for the market. Increase in the number of natural disasters
is also expected to contribute significantly to the GIS In Disaster Management market. Overall, Hazard Mapping
applications of GIS In Disaster Management, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.
AMAs Analyst on the Global GIS In Disaster Management Market identified that the demand is rising in many different parts of the world due to "Development of technology advancement in the developing countries
". Furthermore, some recent industry insights like "On 3 June 2020, Bentley Systems, Incorporated, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, announced the acquisition of NoteVault, a San Diego-based provider of voice-based field automation for construction management. Together, these comprehensive offerings further extend the value of digital twins across construction management, enabling projects to combine immersive 4D models of the construction progress with detailed up-to-date reports on resource expenditures, enabling more effective management of cost, schedule, and risk, leading to better project outcomes." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Standardization because GIS framework has developed slowly over time and Area limitations because GIS data is siloed and businesses and professionals are typically limited to specializing in a smaller area"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global GIS In Disaster Management market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the GIS In Disaster Management market and other related sub-markets covered in the study.
o Key & emerging players in the GIS In Disaster Management market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall GIS In Disaster Management market size is calculated using market estimation process, the GIS In Disaster Management market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global GIS In Disaster Management market size has been validated using both top-down and bottom-up approaches.