Global GIS Market in the Transportation Industry 2016-2020

Overview of the global GIS market in the transportation industry

Technavio’s market research analyst predicts the global GIS market in the transportation industry to grow at a CAGR of around 12% between 2016 and 2020.  The ability of GIS systems to gather, organize, display, and analyze information has made it a necessary tool for the transportation industry. The primary use of GIS in the transportation industry is for traffic management through real-time traffic data based on location and in the construction of new road networks based on traffic requirements. It is aided by techniques such as transport telematics and intelligent transportation systems for solving traffic issues. GIS helps traffic monitoring agencies to map factors like width and structure of the road and ongoing construction works and subsequently manage the traffic. With the growing need for road and rail construction in the transportation sector, the market for GIS will witness massive growth during the forecast period.

Vendors in the GIS market are offering customized GIS applications as per the industry requirements. They are also developing application-specific GIS solutions, which are in high demand among retailers as they are more cost-effective than the general purpose GIS solutions. For instance, TransCAD, a GIS software developed by Caliper Corporation, is designed to manage, analyze, and display displaying transportation data. The software also integrates GIS with transportation modeling to form a single platform. Also, many vendors are offering 3D GIS software in the market to improve the operational efficiency of security applications.

Competitive landscape and key vendors

The global GIS market in the transportation industry is characterized by the presence of well-diversified international, regional, and local vendors. Though the key vendors dominate this market, some local and regional vendors offer various GIS software, data, and services at a relatively lower cost than their global counterparts. The competitive environment in this market will intensify in the coming years with the increase in service extensions, technological innovations, and M&As. Also, international players are anticipated to grow inorganically during the forecast period by acquiring regional or local players.

Leading vendors in the market are -

• Autodesk
• Bentley Systems
• ESRI
• Hexagon
• MDA
• Pitney Bowes

Other prominent vendors in the GIS market in the transportation industry include Autonavi, Caliper, China Information Technology, Google, HERE, Mapbox, Navinfo, Rolta India, and SuperMap.

Product segmentation and analysis of the GIS market in the transportation industry

• Software
• Services
• Data

The software segment occupied the largest share of the GIS market in the transportation industry in 2015 and will maintain its dominant market position during the forecast period. GIS software is used for mapping, geocoding, routing, modeling, reporting, analyzing, and data management. Also, it enhances the productivity, decision-making ability, and safety and security standards of several end-user industries.

Geographical segmentation and analysis of the GIS market in the transportation industry

• Americas
• APAC
• EMEA

APAC dominated the GIS market in the transportation industry and accounted for the largest market share in 2015. The rapid development of urban infrastructure in countries like India, China, Indonesia, Malaysia, and South Korea is contributing to the growth of this market. With increasing instances of urbanization and growing vehicle population, the need for more highways and effective road networks will increase. GIS is extensively used for planning and designing road networks in several APAC nations.

 Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the GIS market in the transportation industry?
• What are the key market trends impacting the growth of the GIS market in the transportation industry?
• What are the challenges to market growth?
• Who are the key vendors in the GIS market in the transportation industry?
• What are the market opportunities and threats faced by the vendors in the GIS market in the transportation industry?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the GIS market in the transportation industry?

Technavio also offers customization on reports based on specific client requirement.

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• Geographic Information System Market in BRIC Countries 2016-2020
• Geographic Information System Market in Asia-Pacific 2016-2020