Geographic Information System Market Size, Share & Trends Analysis growing at a CAGR of 8.7% from 2024 to 2030
The global geographic information system market size was estimated at USD 9.80 billion in 2023 and is projected to reach USD 17.76 billion by 2030, growing at a CAGR of 8.7% from 2024 to 2030. The increasing investments in urban infrastructure, such as smart city projects, and the increasing applications of the geographic information system (GIS) in geology, defense, environmental, and disaster management are major factors driving market growth.
Key Market Trends & Insights
- The Europe geographic information systems (GIS) market dominated the market and accounted for a share of 33.5% in 2023.
- The U.S. geographical information system (GIS) market is expected to grow significantly over the forecast period.
- The Asia Pacific market is expected to grow at the fastest CAGR over the forecast period.
- By usage, the navigation segment accounted for the largest market share of 47.1% in 2023.
- By devices, the desktop segment dominated the market with a share of 60.6% in 2023.
Market Size & Forecast
- 2023 Market Size: USD 9.80 Billion
- 2030 Projected Market Size: USD 17.76 Billion
- CAGR (2024-2030): 8.7%
- Europe: Largest market in 2023
- Asia Pacific: Fastest growing market
Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/geographic-information-systems-market/request/rs1
The Pan American Health Organization uses geographic information systems in detecting, assessing, analyzing, and addressing health emergencies, under the Health Information and Risk Assessment Unit of the Health Emergencies Department. According to an article published by the organization in November 2023, in the past decades, the GIS significantly helped prepare for and respond to health emergencies and disasters. Growing health concerns worldwide and the significant role of GIS in managing emergencies are expected to boost their demand over the forecast period.
The increasing applications of GIS in different sectors and the development and adoption of advanced GIS systems across the globe are further likely to help in the market growth. For instance, in March 2024, Mauritius’s Central Water Authority (CWA) implemented Geographic Information System (GIS) technology developed by Esri across its departments and customer service operations. The implementation facilitated an efficient complaint-logging process, pinpointing client locations, and network mapping, which is likely to lead to efficient resource utilization and enhance decision-making.
Component Insights
The services segment dominated the market with 53.9% market share in 2023 and is expected to grow at the fastest CAGR over the forecast period from 2024 to 2030. The increasing adoption of geographic information systems and the activities by key players to expand globally is expected to foster growth in the market. For instance, in July 2024, VertiGIS and Esri entered a multinational partnership that included reselling, co-selling, and co-marketing, and aligning business and technical strategies. Such partnerships are expected to increase the demand for GIS services globally and drive market growth.
The software segment is expected to grow at a significant growth rate over the forecast period. Advancements in GIS technologies and the launch of new software by market players are major factors driving the growth of this segment. For instance, in February 2023, Esri introduced a digital twin software, ArcGIS Reality, that enables the creation of digital twins of various scales and their 3D mapping.
