According to the latest report by IMARC Group, titled “United States Geographic Information System (GIS) Market Size: Industry Trends, Share, Growth, Opportunity and Forecast 2023-2028,” provide the united states geographic information system (GIS) market size reached US$ 3.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.9 Billion by 2028, exhibiting a growth rate (CAGR) of 11.8% during 2023-2028.
United States Geographic Information System (GIS) Market Definition and Application:
Geographic information system (GIS) refers to processor-based software that creates a conceptualized framework for data analysis of a geographic location. It enables the user to integrate, map and organize topographical information into visualization. A GIS system includes five elements, namely, software, people, hardware, data, and methods. It is widely adopted for accident analysis, rerouting design, disaster management, and environmental impact surveys in the mining, power, oil and gas, defense, transportation, and real estate sectors.
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United States Geographic Information System (GIS) Market Trends and Drivers:
The increasing utilization of GIS in the telecommunication industry for improving customer services and communications is majorly driving the market growth in the United States. Additionally, the rising integration of cloud computing and artificial intelligence (AI) into GIS software is further supporting the market growth. Moreover, rapid advancements in the GIS mechanization, like location-based data services and geo-analytics for effective navigation of routes to ambulances and personal vehicles, are creating a positive outlook for the market. Furthermore, leading players are introducing mapping and spatial data analytics technology for conducting surveys and planning, which is acting as a growth-inducing factor in the country.
United States Geographic Information System (GIS) Market Segmentation:
The report has segmented the market on the basis on region, component, function, device and end use industry.
Breakup by Component:
- Hardware
- Software
- Services
Breakup by Function:
- Mapping
- Surveying
- Telematics and Navigation
- Location-Based Services
Breakup by Device:
- Desktop
- Mobile
Breakup by End-Use Industry:
- Agriculture
- Utilities
- Mining
- Construction
- Transportation
- Oil and Gas
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
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