The global GIS market for geographic information system (GIS) is estimated to have significant CAGR of around 13.1% during the forecast period. The market is mainly driven by the significant adoption of telematics and navigation system in various sector such as transportation & logistics, retail, agriculture and others. With the technological advancements in the satellite as well as air-to-ground network, GPS navigation system has significant application in aviation industry. The use of GPS in aviation across the globe has a growing impact on increasing the safety and efficiency of global travel as well as profitability. With its accurate, continuous, and global capabilities, GPS offers seamless satellite navigation services that satisfy many of the requirements for aviation users. Space-based position and navigation enables 3D position determination for all phases of operations including departure, en route, arrival and airport surface movement.
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Virtually all of the evolving air traffic management systems rely on space-based navigation systems and software. The navigation systems allow aircraft to manage user preferred routes from waypoint to waypoint, where waypoints do not depend on ground infrastructure. Therefore, aviation industry is moving forward with GPS navigation system for the reductions in flight time, workload, and operating costs for both the airspace user and service provider. The GIS for aviation increases system capacity, facilitates all-weather operations, increases safety and provides better flow management. These have a direct impact on the operability of the air traffic management systems, the profitability of the industry and the overall experience of the air traveler. Therefore, the growing use of navigation system in aviation further contribute to the market share.
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Moreover, growing application of GIS in Agriculture sector further contribute in the growth of the market. Crop identification and mapping is the essential part in the agriculture industry. Maps of crop are created by national and international agricultural agencies, and regional agricultural boards to prepare a record of what was grown in certain areas and system will be able to identify age of the crop. The most important activities include identifying the crop types and depict their extent. Govt. authorities or local agencies can use remote sensing data, in order to make important decisions about the policies they will adopt or measures to tackle national issues regarding agriculture.
Moreover, navigation & maps are primarily utilized for navigation within an industry, office or a building. GPS-based navigation is unreliable for pinpoint accuracy in interior spaces and GPS reception is generally non-functional inside the buildings and industries. Wi-Fi, ultra-wideband or beacons (Bluetooth low energy, BLE) are primarily used in case of indoor positioning. Additionally, it enables a user to determine the actual floor level inside the building as well. Indoor routing functionality is required by most of the navigation applications to provide seamless and precise route inside a building similar to the navigation system utilized in cars.
Global GIS Market-Segmentation
By Product Type
- Hardware
- Software & Services
By Application
- Telematics and Navigation
- Surveying
- Mapping
- Others (Location-Based Services)
By End-User
- Transportation & logistics
- Oil & Gas
- Agriculture
- Energy & Utilities
- Mining
- Construction
- Others (Healthcare and Retail)
