Enjoy complimentary customisation on priority with our Enterprise License!
The North America - Geographic Information System (GIS) market size is estimated to grow at a CAGR of 16.22% between 2022 and 2027. The market size is forecast to increase by USD 4,999.08 million. The growth of the market depends on several factors, including rising applications of GIS solutions in disaster management, integration of BIM and GIS, and increasing adoption of GIS solutions in the healthcare, insurance, and other sectors. A GIS is a set of tools used to interpret geospatial data using analytical tools. It integrates software, data, and services for processing data. Sectors such as transportation, government, natural resources, military, utilities, and telecommunications are the major end-users of GIS solutions. Its trending applications include disaster management, viewing digital maps, finding location details, and designing facilities (including 3D mapping structures and locations). End-users across various industries, such as utility companies, rely on GIS solutions to enhance their decision-making ability, productivity, and security standards.
This North America GIS market report extensively covers market segmentation by component (software, data, and services), and deployment (on-premise and cloud). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
To learn more about this report, View Report Sample
Rising applications of GIS solutions in disaster management is one of the key factors driving the market growth. GIS solutions for various systems such as wildfire management, flood management, climate change analysis, and carbon management have made GIS technology effective in disaster management. Government and resource departments rely heavily on GIS technology to respond to disasters. In North America - GIS market, GIS technology provides data about geography, and any changes or inconsistencies in typical data are subject to expert inspection.
For example, wildfire management GIS applications such as fire risk assessment, prescribed fire planning, wildfire simulation, and post-fire assessment and monitoring are useful for wildfire simulation. The application uses remote sensing and wind speed to account for fire origin, terrain, and vegetation and redirects accordingly. The introduction of modern technologies for disaster management and the increasing adoption of GIS solutions in such technologies are expected to drive the growth of the market during the forecast period.
Rising demand for miniaturization of technologies is the key trend fueling the market growth. The integration of GIS software increases the need to develop small, cost-effective devices with wireless connectivity, driving the adoption of IoT. The development of small, low-cost sensors has increased data collection and allows sensors to be customized for specific data collection needs.
Furthermore, with the increase in real-time spatiotemporal data, the amount of data collected will also increase, leading to improvements in how data is transmitted and distributed. Therefore, increasing demand for technology miniaturization is a growing trend and is expected to drive the growth of the North America GIS market during the forecast period.
Data privacy and security concerns is a challenge that affects the growth of the market. Because sensitive data is transmitted across an organization's system network, a highly secure environment must be established. Additionally, organizational system networks include multiple devices, which can create interoperability issues such as privacy and security issues, which may impede the growth of the North America - GIS market.
Furthermore, increased connectivity and data sharing have led to an increase in cybersecurity issues and breaches. Therefore, cyber-attacks can compromise the data of sensors and devices in industrial environments. Such data can be accessed over the internet and must pass through an authentication layer. Therefore, potential cyber intrusions will negatively impact the North America GIS market during the forecast period.
The market share growth by the software segment will be significant during the forecast period. The Software segment includes software for desktops, mobile devices, cloud solutions, and servers. The software available in the North America - geographic information system (GIS) market is primarily industry-specific software. Many commercial players offer open-source GIS software with limited functionality such as routing and geocoding. North America - geographic information system market players are expected to witness an increase in year-on-year growth due to increased demand from the telecommunications, retail, and transportation sectors in developing countries.
Get a glance at the market contribution of various segments View Free PDF Sample
The software segment showed a gradual increase in the market share of USD 1,444.68 million in 2017. Growth in this segment is driven by benefits associated with GIS software, such as real-time geographic visibility, intelligent linking and mapping, and advanced sourcing across cloud and on-premises channels. Such factors are expected to drive the growth of the North America - geographic information system market through the software segment during the forecast period.
On-premise solutions are considered very secure as there is no third-party intervention. Customization and advanced data security in on-premises delivery models are some of the factors responsible for the growth of this North America - geographic information system market segment. However, on-premises GIS software requires companies to purchase software licenses, hire IT staff to manage the solution, and regularly update the software and install data protection solutions. Additionally, companies incur additional costs to provide the software. Therefore, the growth of the North America - GIS market in the on-premises segment will be adversely affected during the forecast period.
The North America GIS Market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
North America GIS Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The North America GIS market report forecasts market growth by revenue and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
North America GIS Market Scope |
|
Report Coverage |
Details |
Page number |
139 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 16.22% |
Market growth 2023-2027 |
USD 4,999.08 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
15.47 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Autodesk Inc., AXIS GeoSpatial LLC, Bentley Systems Inc., Blue Marble Geographics, Cadcorp Ltd., Caliper Corp., Ecopia Tech Corp., Esri Global Inc., Fugro NV, General Electric Co., Intellias Global Ltd., Mapbox Inc., Maxar Technologies Inc., Orbital Insight Inc., Polosoft Technologies, Precisely, TomTom NV, Trimble Inc., and Woolpert Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Deployment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.