“Global Geographic Information System Market to reach a market value of USD 21.32 Billion by 2031 growing at a CAGR of 9.1%”
The Global Geographic Information System Market size is expected to reach $21.32 billion by 2031, rising at a market growth of 9.1% CAGR during the forecast period.
The Europe segment recorded 33% largest revenue share in the market in 2023. European governments have heavily invested in GIS for urban planning, environmental monitoring, and disaster management, with programs like the EU’s Copernicus playing a crucial role. The region's growing smart city initiatives, particularly in Germany, France, and the UK, have further fuelled demand.
Location-based services (LBS) are integral to numerous industries, from retail to transportation and agriculture. GIS has become indispensable as businesses seek to optimize logistics, track real-time assets, and understand consumer behaviours based on geographic locations. The growth of mobile devices, along with advances in GPS technology, has expanded the use of LBS, allowing companies to deliver services and products based on the customer’s location. Therefore, increasing demand for location-based services across multiple industries drives the market's growth.
Additionally, The advent of 3D GIS and digital twin technologies has revolutionized how spatial data is visualized and analyzed. 3D GIS enables the creation of virtual models of physical environments, allowing businesses and city planners to interact with and simulate real-world conditions. This enhances decision-making processes in various applications, such as urban planning, environmental monitoring, and infrastructure management. Hence, the growing popularity of 3D GIS and digital twin technology for realistic geospatial visualization propels the market's growth.
However, One of the most significant barriers to GIS adoption is the high initial investment required for implementation. GIS solutions often involve substantial software, hardware, and infrastructure setup costs. Many organizations, particularly small and medium-sized businesses (SMBs), may struggle to allocate sufficient budgets for these upfront expenses. In conclusion, GIS implementation's high initial investment and maintenance costs hinder the market's growth.
Based on devices, the market is segmented into desktop and mobile. The mobile GIS segment acquired 41% revenue share in the market in 2023. Mobile GIS applications enable field personnel, surveyors, and emergency responders to collect, update, and analyze spatial data directly from smartphones, tablets, or other handheld devices. The rise of IoT, GPS-enabled devices, and cloud-based GIS platforms has further enhanced the accessibility and functionality of mobile GIS solutions.
Based on component, the market is characterized into hardware, software, and services. The software segment procured 36% revenue share in the market in 2023. Governments, businesses, and research institutions are leveraging GIS software to gain deeper insights from geographic data, optimize resource allocation, and enhance operational efficiency. The rapid advancements in cloud computing, artificial intelligence, and big data analytics have revolutionized GIS software, making it more accessible, scalable, and powerful.
On the basis of usage, the market is classified into surveying, mapping, and navigation. The surveying segment recorded 19% revenue share in the market in 2023. Surveying applications in GIS are widely used across industries such as construction, agriculture, mining, and utilities for accurate land measurements, topographical mapping, and site analysis. The growing adoption of drones, LiDAR technology, and satellite imagery has revolutionized surveying, enabling high-precision data collection and analysis.
By vertical, the market is divided into utilities, construction, aerospace & defense, transportation & logistics, agriculture, mining & geology, oil & gas, government, and others. The transportation & logistics segment held 16% revenue share in the market in 2023. GIS enables logistics companies and transportation authorities to streamline operations by analyzing traffic patterns, optimizing delivery routes, and managing fleet logistics efficiently. Integrating GIS with telematics, IoT, and AI-driven predictive analytics has improved transportation planning, reduced fuel consumption and enhancing overall efficiency.
Free Valuable Insights: Global Geographic Information System Market size to reach USD 21.32 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment witnessed 29% revenue share in the market in 2023. Countries such as China, India, Japan, and South Korea are investing heavily in GIS-based solutions for land management, disaster preparedness, and environmental conservation. The expansion of the construction and real estate sectors and the rising demand for spatial data in urban planning have further propelled GIS adoption in the region.
Report Attribute | Details |
---|---|
Market size value in 2023 | USD 10.80 Billion |
Market size forecast in 2031 | USD 21.32 Billion |
Base Year | 2023 |
Historical Period | 2020 to 2022 |
Forecast Period | 2024 to 2031 |
Revenue Growth Rate | CAGR of 9.1% from 2024 to 2031 |
Number of Pages | 287 |
Number of Tables | 480 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
Segments covered | Devices, Component, Usage, Vertical, Region |
Country scope |
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Companies Included | Bentley Systems, Inc., Autodesk, Inc., Pitney Bowes, Inc., Hexagon AB, Schneider Electric SE, Pasco Corporation, Ubisense Ltd., SuperMap Software Co.,ltd., Environmental Systems Research Institute, and MacDonald, Dettwiler and Associates Ltd. |
By Devices
By Component
By Usage
By Vertical
By Geography
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