IMARC Group, a leading market research company, has recently releases report titled “United States Geographic Information System (GIS) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the United States geographic information system (GIS) market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the United States geographic information system market?
The United States geographic information system (GIS) market size reached US$ 3.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.9 Billion by 2028, exhibiting a growth rate (CAGR) of 11.8% during 2023-2028.
What is the geographic information system?
A Geographic Information System (GIS) is a technological tool used to capture, store, analyze, manage, and present spatial or geographic data. It integrates various types of data, such as maps, satellite imagery, aerial photographs, and survey data, with attribute data related to specific locations. GIS allows users to view, query, interpret, and understand relationships, patterns, and trends within the data, providing valuable insights for decision-making and problem-solving. It enables the creation of maps, visualizations, and models that help in tasks ranging from urban planning and environmental management to transportation routing and disaster response. GIS is widely employed across industries, including government, agriculture, healthcare, and natural resource management.
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What are the growth prospects and trends in the United States geographic information system industry?
The Geographic Information System (GIS) industry in the United States is expected to have promising growth prospects and witness significant trends. The increasing demand for spatial data-driven decision-making across various sectors, including urban planning, transportation, environmental management, and public safety, is driving the growth of the GIS industry. The emergence of smart cities and the need for efficient infrastructure management further contribute to market expansion. Trends in the industry include the integration of GIS with other technologies like artificial intelligence (AI) and machine learning (ML) to enhance data analysis and predictive capabilities. The adoption of cloud-based GIS platforms allows for easier data sharing, collaboration, and scalability. Mobile GIS applications and the use of unmanned aerial vehicles (UAVs) for data collection are also gaining momentum.
Moreover, the growing emphasis on real-time data and the Internet of Things (IoT) integration offer new opportunities for GIS applications. The industry is also witnessing the development of user-friendly interfaces and intuitive visualization tools, making GIS more accessible to a wider range of users. Overall, the GIS industry in the United States is poised for continued growth and innovation as spatial data becomes increasingly integral to decision-making processes.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Component:
- Hardware
- Software
- Services
Breakup by Function:
- Mapping
- Surveying
- Telematics and Navigation
- Location-Based Services
Breakup by Device:
- Desktop
- Mobile
Breakup by End Use Industry:
- Agriculture
- Utilities
- Mining
- Construction
- Transportation
- Oil and Gas
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
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