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    Latest Trends in the GIS Industry

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    Geographical information system (GIS) refers to the system that deals with geographical information. It provides the opportunity to visualize, analyze and interpret geographic information to determine relationships, models and trends among geographical information sources. The market size represents the revenue generated from the sale of software, hardware and services used in the geographic information system. Areas of application for GIS technology include public, water and wastewater management, telecommunications, engineering, aviation and defense, oil and gas, transportation and logistics, healthcare.

    The growth of the GIS market depends on the sectors in the region where it is largely located. Britain and France made the biggest contribution to the GIS market in Europe in 2016. The US and Canada are the largest GIS markets in North America, while China, India and Japan are the major markets in Asia-Pacific. There is growing awareness of the importance of GIS as part of its infrastructure in developing countries in the Middle East and Africa.

    Sector Dynamics

    The global GIS market is growing, LIDAR The application of technology can be attributed to the availability of spatial data and cloud technology. However, high implementation costs limit the growth of the GIS market.

    trends

    3D-based GIS requests have increased in recent years due to the development of intelligent cities in China, India and other Southeast Asian countries. The use of 3D GIS contributes to rapid growth in monitoring and control applications. Investments in disaster management practices in Japan, China and other developing countries in the Asia-Pacific region also made a positive contribution to the GIS sector in the region.

    GIS technology is used in disaster management, including flood management, forest fire management, carbon management and climate change. The modern geographic information system provides real-time information on geography and any changes in information are presented to experts. Public affairs and disaster management in the developed countries of North America and Europe are largely accomplished by GIS. In addition, the use of GIS technology for disaster management shows a growing picture in emerging countries, including China, Brazil and India.

    GIS makes it easier than ever to identify emergency management requirements. Disaster incidents such as Tsunami, forest fires, floods, hurricanes, earthquakes, epidemics and oil spills can be handled by GIS. An emergency management staff uses existing data to manage disaster, or analyzes the consequences of a disaster. In Taiwan, ArcGIS (ESRI) governs most of its government GIS work through the Emergency Information Management System (EIMS). Similarly, governments in India, Japan and China use massively CIS-based disaster management technology.

    Growth Motivation

    Geographic information systems have high usage in enterprise applications. Sectors have rich contents within themselves; but it is difficult to say the same for awareness of location based knowledge. Modern GIS solutions provide precise and meaningful business intelligence for effective product management and accurate marketing information about customers. In addition, organizations are investing heavily in GIS software to access geographic data and applications across the enterprise. The enterprise GIS solution offers several advantages such as resource sharing, organizational data and optimize decision making. This technology also helps organizations to communicate and share resources.

    LIDAR is an optical remote sensing technology that provides high precision measurement using laser beam. LIDAR offers several advantages over conventional measurement technologies such as relatively low cost and high data accuracy. This takes the place of traditional measurement technologies such as photogrammetry. LIDAR-related applications support the growth of the GIS market.

    Spatial information has increased exponentially in the last few years; which has led to the adoption of GIS technologies in new application areas such as marketing and advertising. GIS engineering practice is one of the main beneficiaries of readily available geographic data. Cloud services, an increase in the number of mobile users and other data storage technologies are just a few of the factors that drive the growth of the GIS market worldwide.

    difficulties

    The high start-up cost of GIS is the main limiting factor in the growth of the global GIS market, along with the lack of real spatial data. Large capital is required for database development and management of Geographic Information Systems. Small and medium-sized enterprises and developing countries are less interested in developing GIS projects because of the cost factor.

    Competition

    With increasing competition, companies in the GIS market are focusing on improving the functionality of their products and services and on AR-GE projects. In the recent past, partnerships between companies on product development have been seen as the last important activities in the global GIS market. SuperMap, Esri, Ubisense and Autodesk are the main companies involved in partnership and product development.

    Some of the major companies operating in the global GIS market include ESRI, Pitney Bowes Inc., MacDonald, Dettwiler and Associates Ltd., SuperMap Software Co. Ltd., PASCO Corporation, Ubisense Group Plc., Bentley Systems Incorporated, Schneider Electric SE, and Autodesk Inc.

    You can reach the report all here: Global Geographic Information System (GIS) Market Size, Share, Development, Growth and Demand Forecast to 2023, P & S Market Research, 2017

    Selçuk Demir
    He graduated from Yıldız Technical University in 2012 as a Map Engineer. He received his master's degree in Geographical Information Systems from the same university. He is continuing his PhD studies at Istanbul Technical University. He has been involved in many projects at private and public institutions.

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