The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s Geographic Information System (GIS) Software Global Market Report 2023 offers crucial insights into the geographic information system (GIS) software market help businesses analyse and build stronger strategies.

The geographic information system (GIS) software market has witnessed unprecedented growth in recent years, and projections indicate that this trend will continue. The market size is anticipated to surge from $8.24 billion in 2023 to $9.46 billion in 2024, showcasing a remarkable compound annual growth rate (CAGR) of 14.9%. Looking ahead, the GIS software market is expected to reach $16.31 billion by 2028, with a CAGR of 14.6%. This growth can be attributed to various factors, including government and defense applications, urban planning, infrastructure development, environmental conservation, consumer navigation, and location-based services.

Driving Forces Behind the Growth

Urban Planning Takes Center Stage
The demand for urban planning is a significant driving force propelling the GIS software market. Urban planning focuses on creating sustainable and livable environments, and GIS technology plays a pivotal role in this process. By providing insights into patterns, linkages, and spatial context, GIS assists urban planners in making informed decisions. The rising demand for urban planning is evident in the projected 4% increase in employment of urban and regional planners from 2022 to 2032, as reported by the Bureau of Labor Statistics.

Market Dynamics and Key Players

Diverse Landscape of GIS Software Providers
The GIS software market boasts a diverse landscape with major players contributing to its robust growth. Notable companies such as Google LLC, Hitachi Solutions Ltd., Oracle Corporation, Autodesk Inc., and Esri Global Inc. are at the forefront of this thriving industry. Their contributions span various sectors, including automotive, energy and utilities, government, defense and intelligence, smart cities, insurance, natural resources, and other industry verticals.

AI Integration: A Strategic Move by Market Leaders
Major players are leveraging artificial intelligence (AI) to stay ahead in the competitive GIS software market. AI integration enhances the intelligence of GIS applications, offering solutions like AI attribute collection and AI surveying and mapping. SuperMap Software Co. Ltd., a China-based developer, exemplifies this trend with the launch of SuperMap GIS 11i (2022). This innovative release includes features like video spatialization with multi-source based on AI GIS, big data GIS, and Cloud-Native GIS 2.0, showcasing the industry’s commitment to cutting-edge solutions.

Industry Transformations Through Strategic Acquisitions
In March 2022, Avineon Inc., a US-based GIS solutions provider, acquired Highland Mapping Inc., further solidifying its professional services portfolio. This strategic move aimed to enhance Avineon’s managed services offering, demonstrating how companies in the GIS software market actively pursue growth through acquisitions.

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Market Segmentation for a Comprehensive View
To gain a comprehensive understanding of the GIS software market, it is crucial to delve into its segmentation:

1. By Component:
   • Software
   • Services
2. By Type:
   • Desktop GIS
   • Server GIS
   • Developer GIS
   • Mobile GIS
   • Other Types
3. By Function:
   • Mapping
   • Surveying
   • Location-Based Services
   • Navigation And Telematics
   • Other Functions
4. By Industry Vertical:
   • Automotive
   • Energy And Utilities
   • Government, Defense And Intelligence
   • Smart Cities
   • Insurance
   • Natural Resources
   • Other Industry Verticals

Regional Dominance
In 2023, North America emerged as the largest region in the GIS software market, highlighting the region’s dominance in driving technological advancements and innovation in the industry.

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The Geographic Information System (GIS) Software Global Market Report 2023  provides a comprehensive outlook of the geographic information system (GIS) software market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The geographic information system (GIS) software market forecast offers a thorough analysis on geographic information system (GIS) software market size, geographic information system (GIS) software market share, prominent players and their strategies.

The Table Of Content For The Geographic Information System (GIS) Software Market Include:
1. Geographic Information System (GIS) Software Market Executive Summary
2. Geographic Information System (GIS) Software Market Segments
3. Geographic Information System (GIS) Software Market Size And Geographic Information System (GIS) Software Market Growth Rate
4. Key Geographic Information System (GIS) Software Market Trends
5. Major Geographic Information System (GIS) Software Market Drivers
……
25. Key Mergers And Acquisitions In The Geographic Information System (GIS) Software Market
26. Top Geographic Information System (GIS) Software Companies
27. Geographic Information System (GIS) Software Market Opportunities And Strategies
28. Geographic Information System (GIS) Software Market, Conclusions And Recommendations
29. Appendix

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