The GIS market share in EMEA will post an incremental growth of USD 2.01 billion, progressing at a CAGR of 8.23% during the forecast period. The integration of BIM and GIS will offer immense growth opportunities to market vendors. The GIS market in EMEA is fragmented, and the vendors are deploying growth strategies such as low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “GIS Market in EMEA by Component, End-user, and Geography - Forecast and Analysis 2022-2026” provides a detailed analysis of the prevalent market forces, trends, and challenges likely to impact the market in focus.
The GIS market in EMEA is segmented by Component (Software, data, and services) and End-user (Government, utilities, military, telecommunication, and others)
The growth of the GIS market size in EMEA by the software segment will be significant during the forecast period. The significant increase in demand for software solutions due to the increase in the installation of GIS software will drive segment growth in the coming years.
The integration of BIM and GIS will directly influence the GIS market in EMEA. In addition, integrating augmented reality (AR) and GIS is the major GIS market trend in EMEA which will positively impact the market growth. However, factors such as the data viability and risk of intrusion will hamper the GIS market in EMEA growth.
The market is fragmented due to the presence of several players. Some of the major GIS market vendors in EMEA are
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
Download the Free PDF sample report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the market growth.
Precise market size estimation during the forecast period 2022-2026.
CAGR of the GIS market in EMEA forecast during 2022-2026.
Market-level data on units, average selling prices, and values of the GIS market share in EMEA.
Prediction of the upcoming trends, drivers, and factors that challenge the growth of the GIS market in EMEA.
GIS industry growth across EMEA.