Geographic Information System Analytics Market 2024-2028: Size and Need for heavy investments for setting up GIS stations and accessing data sources; growth driven by the End-user, Some of key Companies Positioned Strategically

The geographic information system analytics market size by End-user (Retail and real estate, Government and utilities, Telecom, Manufacturing and automotive, and Others) and Geography (North America, Europe, APAC, Middle East and Africa, and South America), is forecast to increase by USD 12 billion. The market is expected to grow at a CAGR of   12.41% between 2024 and 2028.

• The Geographic Information System (GIS) analytics market faces significant challenges due to the vast volume of data generated from various geography-related sources, including satellite imagery and topographic maps. Vendors are investing heavily in hardware units, such as data warehouses, spatial data centers, and geoportals, to manage and process this data, leading to substantial financial burdens. However, despite these investments, there is a risk of obtaining inaccurate, outdated, or overly generalized data during the analytics process. This necessitates costly modifications to input data and field data collection methods to ensure the delivery of precise and valuable insights to clients.
• The Geographic Information System (GIS) Analytics market is experiencing significant growth due to the increasing demand for location intelligence in business decision-making. Companies are leveraging GIS analytics to gain insights into customer behavior, optimize supply chain operations, and enhance situational awareness. This technology enables organizations to make data-driven decisions based on spatial analysis, improving operational efficiency and strategic planning. GIS analytics is a valuable tool for businesses seeking to gain a competitive edge in today's data-driven economy.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• 1Spatial Group Ltd
• Alteryx Inc.
• Autodesk Inc
• Bentley Systems Inc.
• Blackshark.ai GmbH
• Caliper Corp.
• Environics Analytics
• Esri Global Inc.
• General Electric Co.
• Hexagon AB
• Hi-target Navigation Tech Co. Ltd.
• International Business Machines Corp.
• Maxar Technologies Inc.
• OU Bamboo Group
• Pitney Bowes Inc.
• SuperMap Software Co. Ltd.
• The Sanborn Map Co. Inc.
• Topcon Positioning Systems Inc.
• Trimble Inc.
• Vista Equity Partners Management LLC

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