The study will cover the market intelligence and information for a period of 12 years from 2014 to 2026. The base year for the study is 2020.
Global Geographic Information System Market Forecast:
The global Geographic Information System Market is anticipated to recoup from the effects of COVID-19 starting from the year 2021 and will grow at a modest CAGR during the forecast period of 2021-2026.
Geographic Information System market is likely to witness a CAGR of 12.7% during the forecast period.
The market is estimated through a rigorous triangulation process of internal data, secondary analysis and the insights gained from the primary interviews with industry experts.
The Geographic Information System Market growth depends upon numerous factors which have direct or indirect impact the demand.
The key factors governing the demand for Geographic Information System Market are:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
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Geographic Information System Market Segmentation:
Geographic information systems help in storing, capturing, analyzing, manipulating, managing, and presenting geographic data. They help individuals and organizations to better understand the spatial patterns and relationships. Geographic information system market can be categorized based on offering type into hardware, software, and services. On the basis of function type, it can be broadly segmented into mapping, surveying, telematics and navigation, and location-based services. Geographic information systems are used extensively in industries such as agriculture, oil & gas, building & construction, transportation, utilities, mining, government, healthcare, retail, and others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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COVID-19 IMPACT Analysis on Geographic Information System Market
COVID-19 has affected all the businesses, small or big, present in any sector. The dynamics of Geographic Information System Market have seen a huge shift in the year 2020. The market environment and the way of operations have taken a huge turn and have led to many changes in the processes, which will have repercussions for a long period. 2021 is likely to be better than 2020 for the Geographic Information System Market players as most of the businesses have resumed their operations and the demand is getting restored for them.
Note: This report will be updated to incorporate the impact of COVID-19 on the market forecast for the period of 2021 to 2026.
Geographic Information System Market Competitive Analysis:
The report studies the competitive framework and business environment via different analytical frameworks such as
- Porters Five Forces Model
- SWOT Analysis
- PEST Analysis
- Success Factors
- Growth Matrix
The key players in Geographic Information System Market are:
- Autodesk, Inc.
- Environmental Systems Research Institute, Inc. (ESRI)
- Trimble Inc.
- Pitney Bowes
- Hexagon AB
- Topcon Corporation
- Maxar Technologies Inc.
- Caliper Corporation
- Bentley Systems, Incorporated
- Supermap Software Co., Ltd.
The Geographic Information System Market report benchmarks the major competitors on critical parameters, some of which are mentioned below:
- Sales from the Geographic Information System Market segment
- Geographic diversification
- New product launches
- Market Share
- Strategic alliances, mergers and acquisitions
- Alignment with the market
- Regional dominance of the competitors
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