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Learn details of the global geographic information systems

Global Forecast to 2022", The geographic information system (GIS) market was valued at USD 5.33 Billion in 2016 and is expected to reach USD 10.12 Billion by 2022, growing at a CAGR of 9.6% between 2017 and 2022.

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The factors driving the market include the development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and growing adoption of GIS solutions in transportation.

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This report studies the global Geographic Information System (GIS) market, analyzes and researches the Geographic Information System (GIS) development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like

Hexagon AB

Topcon Corporation

Environmental Systems Research Institute, Inc.

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(ESRI)

Bentley Systems, Incorporated

Computer Aided Development Corporation Limited (Cadcorp)

The global GIS market is witnessing increasing investment by the governments for application in homeland security, and military and aerospace sector. Over the years, several GIS vendors have also come up with innovative products to suit the requirements of the governments in developing countries.

Recently, the Government of India started Digital India initiative, where the government along with the private sector companies is expected to invest heavily in improving internet connectivity and location based services infrastructure across the country, during in the next five to six years.

The country is also expected to develop a GIS based data for land records, land management and ownership details in the country. The Government of India has included “National GIS Vision” in its 12th five-year plan (2012 – 2017), under which the government is expected to explore the potential untapped opportunities for GIS implementation.

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