The Asia Pacific Geographic Information System Market would witness market growth of 9.6% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Geographic Information System Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,737.1 million by 2031. The Japan market is registering a CAGR of 9% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 10.3% during (2024 - 2031).
The adoption of GIS technology has surged in recent years, fuelled by the growing need for spatial data and the development of new tools that make GIS more accessible. Modern advancements in cloud computing, artificial intelligence (AI), and big data analytics have made GIS more efficient and scalable. The integration of these technologies has made GIS more affordable and accessible for small businesses and startups, further accelerating its adoption across industries.
The availability of open-source GIS tools and the development of user-friendly commercial software have lowered the barriers to entry for organizations looking to leverage GIS. GIS providers have simplified software interfaces and created specialized applications for non-expert users, further expanding the market.
In India, the logistics sector is experiencing robust growth, projected at a rate of 10.5% through 2025, building on the previous five years of 7.8% growth. This expansion is largely driven by India’s increasing e-commerce activity, urbanization, and the need for efficient supply chain management. GIS is pivotal in optimizing logistics operations by providing tools for route planning, warehouse management, and tracking of goods in real-time. In China, the government’s 14th Five-Year Plan emphasizes the development of new infrastructure, including energy, transportation, and water systems, with a projected investment of 27 trillion yuan ($4.2 trillion) through 2025. GIS is integral to executing these large-scale infrastructure projects, supporting the planning, monitoring, and managing of transportation networks, energy systems, and urban development. GIS technology aids in creating detailed maps for new urbanization projects, optimizing traffic flows in rapidly growing cities, and ensuring efficient water management in areas of significant infrastructure investment. Therefore, India and China’s focus on logistics and infrastructure development creates substantial demand for GIS technology.
Free Valuable Insights: The Global Geographic Information System Market is Predict to reach USD 21.32 Billion by 2031, at a CAGR of 9.1%
Based on Devices, the market is segmented into Desktop and Mobile. Based on Component, the market is segmented into Services, Software, and Hardware. Based on Usage, the market is segmented into Navigation, Mapping, and Surveying. Based on Vertical, the market is segmented into Utilities, Transportation & Logistics, Aerospace & Defense, Construction, Agriculture, Mining & Geology, Oil & Gas, and Government & Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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