Global Geographic Information System (GIS) Tools Market 2019-2023 Expected to Grow at a Notable Pace
WiseGuyReports has added new market study to its database, titled “Global Geographic Information System (GIS) Tools Market Report 2019”.
Pune, India – August 26, 2019 /MarketersMedia/ —
Global Geographic Information System (GIS) Tools market 2019-2025
With the slowdown in world economic growth, the Geographic Information System (GIS) Tools industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Geographic Information System (GIS) Tools market size to maintain the average annual growth rate of XYZ from XYZ million $ in 2014 to XYZ million $ in 2018, BisReport analysts believe that in the next few years, Geographic Information System (GIS) Tools market size will be further expanded, we expect that by 2023, The market size of the Geographic Information System (GIS) Tools will reach XYZ million $.
This Report covers the manufacturers’ data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Market Overview
A geographic information system, aka GIS, tool helps analyze, capture, store, and manage various geographical data. The system tool aids in recognizing as well as understanding the spatial relationship and trends from the accumulated geographically referenced data. GIS software is used for rerouting design, transportation planning, disaster management and mitigation, navigation, mapping, accident analysis, landslide hazard zonation, and others.
The report published in BIS on the global geographic information system (GIS) tools market revealed the growth of the market to be at a notable pace. The valuation of the geographic information system (GIS) tools market was further stated to surpass its previous valuation.
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Increasing adoption of GIS facilities management and the expanding demand for GIS tools for the development of smart cities and urban planning are projected to be the major driving factors of the market. GIS holds a major application in smart cities and urban planning. Specialists integrate GIS tools in urban planning for modeling, analyzing, and visualization purposes. The various other applications of GIS includes designing & visualization, site selection & land acquisition, construction & project management, easier meeting legal compliance, planning, and operations & reporting. The number of benefits of GIS in the smart cities and urban planning industry is boosting the market growth of GIS tools. Add to this, the increasing demand and integration for these tools in the transportation sector are some of the major driving factors behind the market growth. However, market can be restrained due to the availability of open-source GIS software.
Market Segmentation
The global geographic information system (GIS) tools market has been segmented in terms of product type and industries.
By product type, the market divides into on-premises and cloud-based market.
By industry, the market includes Large Enterprises and SMEs.
Regional Analysis
The global geographic information system (GIS) tools market is geographically distributed across the following key regions: Latin America, Asia Pacific, North America, Europe, and others. The North American region holds a key position in the global market for GIS tools and is expected to gain considerable growth over the forecast period. The early adoption of geospatial technologies, increasing penetration of mobile devices herein, and the increasing usage of various location-based services in multiple domains like defense, construction, and transportation. Elsewhere, the market is expected to grow in Europe in a steady manner, whereas Asia Pacific is projected to gain consistent growth in the coming years of the forecast period.
Competitive Landscape
The global geographic information system (GIS) tools market comprises a host of key players. This includes names like Maintenance Connection, Axxerion CMMS, UpKeep, ServiceChannel, IBM TRIRIGA, Asset Essentials, Curo, Infor EAM, Samsara, Avantis, and others.
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Industry Buzz
Aug 2019, the global leader in Geographic Information System-based solutions for providers of utilities and communication, Schneider Electric announced the release of ArcFM Designer XI. The next generation design application’s latest version incorporates various additional tools in order to handle much more complex work and job types and be dubbed as the primary designing tool at any particular utility.
Product Type Segmentation
Cloud Based
On-Premises
Industry Segmentation
SMEs
Large Enterprises
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