What is Graphical Information Systems Market Scope?
Geographical Information System (GIS) is a technology that provides the means to collect and use geographic data to assist in the development of Agriculture. A digital map is generally of much greater value than the same map printed on paper as the digital version can be combined with other sources of data for analyzing information with a graphical presentation. The GIS software makes it possible to synthesize large amounts of different data, combining different layers of information to manage and retrieve the data in a more useful manner. Geographic information systems are now used for land use planning, utility management, ecosystems modelling, landscape assessment and planning, transportation and infrastructure planning, market analysis, visual impact analysis, facilities management, tax assessment, real estate analysis and many other applications.
The Graphical Information Systems market study is being classified and major geographies with country level break-up. According to AMA, the Global Graphical Information Systems market is expected to see growth rate of 12.9%
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Graphical Information Systems market throughout the predicted period.
Environmental Systems Research Institute, Inc.(United States), Hexagon AB (Sweden), Pitney Bowes Inc. (United States), Autodesk Inc. (United States), Trimble Inc. (United States), Topcon Corporation (Japan), Hi-Target Surveying Instrument Co. Ltd. (China), Bentley Systems Inc. (United States), Caliper Corporation (United States), Computer-Aided Development Corporation Ltd. (United Kingdom) and SuperMap Software Co. (China) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Harris Corporation (United States) and Maxar Technologies Inc. (United States).
Analyst at AMA have segmented the market study of Global Graphical Information Systems market by Type, Application and Region.
On the basis of geography, the market of Graphical Information Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Influencers and their development strategies
In March 2020, Esri Inc. announced the release of ArcGIS Analytics for the internet of things (IoT), to allow users to ingest, visualize, analyze, store, and respond to the large volumes of IoT sensor data. This new tool helps organizations take advantage of the insights provided by the IoT, with up-to-the-second data and improved situational awareness.
In November 2019, Autodesk Inc. unveiled its Autodesk Construction Cloud at the Connect and Construct Summit. The product comprises advanced technology with a unique builders’ network and predictive insights, to connect people and data across the entire building lifecycle, from design to operations and other workflows. It includes more than 50 new product enhancements, as well as deeper integration between each product, to allow data to flow across all stages of construction.
Influencing Market Trend
- Adoption of GIS solutions in the transportation sector
- Integration of cloud computing in GIS
- Development of smart cities and urbanization
- Integration of geospatial technology with mainstream technologies for business intelligence
- Benefits of drones integrated with GIS
- Development of 4D GIS software and augmented reality platforms for GIS
- Regulations and legal issues
- Geospatial data barriers and high cost
- Integration of GIS technology with other technologies
Key Target AudienceGraphical Information Systems Providers, Government Research Technology, Research Organization, Private Research Organizations and Others
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Graphical Information Systems market expands?
The Global Graphical Information Systems market is expected to see a growth of 12.9% during projected year 2020 to 2026.
2. Who are the prominent players of the Global Graphical Information Systems market?
The prominent players of Global Graphical Information Systems market are Environmental Systems Research Institute, Inc.(United States), Hexagon AB (Sweden), Pitney Bowes Inc. (United States), Autodesk Inc. (United States), Trimble Inc. (United States), Topcon Corporation (Japan), Hi-Target Surveying Instrument Co. Ltd. (China), Bentley Systems Inc. (United States), Caliper Corporation (United States), Computer-Aided Development Corporation Ltd. (United Kingdom) and SuperMap Software Co. (China), to name a few.
3. What are the top priorities to focus for Graphical Information Systems market’s growth?
In this highly competitive & fast evolving Graphical Information Systems industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.