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Rising Demand from Government Sector Drives Growth of GIS Market

ARC Advisory Group

ARC Advisory Group’s new study of the GIS market indicates growing demand from the government sector at all levels.

Geospatial technologies provide the underlying foundation of a smart city and are ultimately the fabric upon which a solution can be built.

—Kiran Chavan

DEDHAM, MA, USA, September 12, 2022 / — Geospatial information systems are a technology through which geography is understood, communicated and analyzed. ARC Advisory GroupNew research from the geospatial information systems (GIS) market indicates growing demand from the government sector at all levels. To effectively improve their infrastructure and security, many local, state, and federal governments as well as military organizations are increasing their investments in GIS technology to improve their infrastructure and security. Government authorities realize the importance of accounting for assets that affect citizens, cities and other entities. Using GIS technology, governments can geographically assess assets quickly and efficiently. Smart cities are undoubtedly the future of urban housing, and various governments have started preparing the roadmap to develop existing cities. Smart cities can open up a host of new possibilities – improving the quality of our urban spheres, reducing clutter and pollution and taking the basic architecture of urban planning patterns onto a new trajectory, and making them more connected to technology to provide a holistic life experience.

“Geospatial technologies are the underlying foundation of a smart city and are ultimately the fabric on which a solution can be built. They provide the location, which helps identify the need so that a better solution can be applied there.Geospatial technology provides a framework for collecting data and information to facilitate software solutions around smart infrastructure.The increasing use of satellite imagery in the military is also particularly intriguing. satellite imagery are available, and governments can undertake better intelligence studies through GIS technology, and they can also change their assessments and strategies in response to the many dangers and threats to national security,” according to Kiran Chavan Analyst and Lead Author of Geo Information Systems Market Research Report RCAF Space.

Market trends
In addition to providing detailed data on competitive market shares, the report also discusses key market trends as follows:

Embrace digital technologies
Advanced Analytics
Bring your own device (BYOD)
Distributed Energy Resource Management (DERM)
Enterprise Asset Management (EAM) Systems, Advanced Distribution Management Systems (ADMS) and Customer Relationship Management (CRM) Systems
Location technology
Network complexity
Ready-to-use GIS offer
The COVID-19 pandemic

Identification of the major vendors of the geospatial information systems market

In addition to providing specific market data and industry trends, this ARC Market study also identifies and positions key vendors in this market and provides and summarizes their relevant offerings. An alphabetical list of major vendors covered in this analysis includes: Bentley Systems, Esri. Inc, General Electric, Hexagon and SuperMap Software.

About Geospatial Information Systems Research

The Geospatial Information Systems report explores current and future market performance and related technology and business trends and identifies key technology vendors. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, along with a five-year market forecast and up to 5 years of historical analysis segmented by revenue category, sales channel, global region, industry, service revenue by type and size of the project.

This new research is available in a variety of formats to meet the specific research and budget needs of a wide variety of organizations. These include:

Market Intelligence Workbook (Excel Power Pivot)

A standard workbook includes base year market data and a five-year market forecast. This workbook allows licensed users to freely manipulate the data to facilitate analysis of the latest data for business intelligence and to generate custom reports.

Available with up to 5 years of historical analysis.

Concise Market Analysis Report (PDF)

This widescreen presentation format makes it much easier to find detailed information about a market. This new format provides executives, business unit managers and other authorized users with immediate access to in-depth market analysis, including analysis associated with each chart and market data figure. Included is an executive-level summary of current market dynamics, a five-year market forecast and competitive analysis, and an overview of strategic issues. The PDF is available with a full set of charts with associated analysis.

Laurence OBrien
ARC Advisory Group
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