Cloud GIS Market Strategies and Statistics
Cloud GIS Market Overview:
Data collection is a real-time and event-oriented process performed by construction professionals. GIS collectors derive data manually from a computer or directly from the point of origin. With collectors, construction professionals can perform precise measures such as location detection, progress measurement and site inspection. In addition, in spatial analysis, collectors help manipulate, extract, locate, and analyze geographic data. GIS collectors are commonly used to collect, store, retrieve, analyze and display geodata. It is expected that the GIS will dominate the market over the forecast period as demand for data collection and mapping in agriculture, construction and public services increases.
Cloud GIS Market Size:
The Cloud GIS Market was estimated at $ 5.33 million in 2016 and is expected to reach $ 10.12 million in 2023 and is expected to increase at a CAGR of 6% between 2017 and 2023.
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Cloud GIS Market Drivers and Restraints:
The GIS plays an important role in the mapping and surveying of construction sites and serves as a complete platform for the life cycle of infrastructure development. Urban planning and infrastructure development require accurate mapping and inspection of the geographical area. GIS can accurately assess construction projects such as the dam, bridge, sewers, canal, industrial park, water management and power plants. Geospatial tools are integrated into computer aided design (CAD) tools for civil engineering applications. Growing urbanization and population have given rise to the use of geospatial technologies for the systematic and synchronized planning of land and other resources.
The development of smart cities and urbanization, the integration of geospatial technology with traditional business intelligence technologies, and the increasing adoption of GIS solutions in transport are key market drivers. The high cost of spatial data solutions and barriers to geographic data capture are important constraints to growth in this market
Cloud GIS Market Geographical Segmentation:
It is expected that the APAC will be the fastest growing region for the geographic information for Cloud GIS Market. The use of the GIS for transport planning, road and road management, forest management and precision farming are driving the growth of the market in this region. With growing infrastructure growth in several APAC countries, GIS is expected to be used for smart urban planning and development programs. China is investing heavily in infrastructure development and urban planning. This investment under construction would lead to the market for geodata devices such as GNSS receivers and GIS manifolds. The growth of the Japanese construction market creates opportunities for geoinformation technologies. With the emerging urban sector in India, there is a great demand for geoinformation technologies that support various types of urban development projects.
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Key Players of Cloud GIS Market:
Major market players such as Environmental Systems Research Institute, Inc. (ESRI) (USA), Hexagon AB (Sweden), General Electric Co. (USA), Pitney Bowes Inc. (USA), Autodesk, Inc. (USA), Trimble Inc. (United States), Topcon Corporation (Japan), Hi-Target Surveying Instrument Co., Ltd. (China), Beijing Unistrong Science & Technology Co., Ltd. (China), Bentley Systems Incorporated (USA), Blue Marble Geographics (USA), Caliper Corporation (USA), Computer Aided Development Corporation (Cadcorp) (United Kingdom), and others are focused on introducing products and strategies for development, acquisition and collaboration, partnership and agreement to enhance their product offerings and grow their business.
Key Takeaways from this Report:
- For different product types, end use applications and industry verticals, offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the market potential.
- Identify various driving factors, constrains and untold opportunities that can impact the global marketplace
- Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
- Increase overall revenue by understanding the geographical impact on sales and distribution channels.
- Evaluate the increase in values at each step of industry supply chain to improve process efficacy and optimize the value.
- Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
- Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide market in over 20 top nations.
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