Portland, OR, June 01, 2021 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, “India Geographic Information System (GIS) Software Market by Component (Solution and Services), Software Type (Desktop GIS, Server GIS, Developer GIS, Mobile GIS, and Others), Function (Mapping, Surveying, Location-Based Services, Navigation & Telematics, and Others), and End User (Defense, Agriculture, Oil & Gas, Construction, Utilities, Transportation & Logistics, and Others): Opportunity Analysis and Industry Forecast, 2019–2026.” According to the report, the India geographic information system (GIS) software industry $119.24 million in 2018, and is estimated to reach $393.76 million by 2026, registering a CAGR of 16.2% from 2019 to 2026.
Download Sample Report: https://www.alliedmarketresearch.com/request-sample/6451
Drivers, restraints, and opportunities
Rise in adoption of GIS software for facilities management, integration with mainstream technologies for business intelligence, and demand for urban planning and smart cities development drive the growth of the India GIS software market. However, availability of open source GIS software hinders the market growth. On the other hand, development of 4D GIS Software and implementation of advanced technologies such as VR, AR, and IoT for GIS present new opportunities in the coming years.
Impact of Covid-19 on India Geographic Information System (GIS) Software Market
- The GIS software has been helpful for epidemiologists during the Covid-19 pandemic to determine disease occurrence across various parameters such as demographics, geographies, and past occurrences.
- Moreover, GIS helps public health agencies, administrators, and policymakers in determining outbreak patterns in real-time. This can further aid in implementing control, preventive, and surveillance measure along with increasing healthcare capacities.
- The insights gained from the GIS software enable businesses to assess conditions and allocate resources to continue operations during the pandemic.
The software segment to maintain the dominant share in terms of revenue by 2026
Based on component, the software segment accounted for more than two-thirds of the total market share of the India GIS software market in 2018, and is expected to maintain the dominant share in terms of revenue throughout the forecast period. This is attributed to cost-effectiveness and rapid deployment. However, the services segment is expected to witness the highest CAGR of 19.4% from 2019 to 2026, owing to its increased need for managed services and professional services across various sectors.
The mapping segment to maintain its lead position during the forecast period
Based on functions, the mapping segment held the largest share, accounting for more than one-third of the India GIS software market in 2018, and will maintain its lead position during the forecast period. However, the navigation and telematics segment would register the fastest CAGR of 18.2% during the forecast period. This is due to offering of unique features in digital mapping that enable users to identify the location on the streets.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/6451
The transportation segment to continue its leadership status during the forecast period
Based on end user, the transportation segment held the highest share based on revenue of the India GIS software market, contributing more than one-fifth of the total market share in 2018, and is estimated to continue its leadership status during the forecast period. This is attributed to rise in adoption of location-based services along with wireless communication for gaining real-time traffic information. However, the agriculture segment would portray the highest CAGR of 18.6% from 2019 to 2026, owing to utilization of GIS tools and online web resources for farmers to conduct crop forecasting and manage agricultural production activities.
Leading market players
- Autodesk
- Bentley System
- Caliper
- ESRI
- General Electric Co.
- Geosoft
- Hexagon AB (Intergraph)
- Marvel Geospatial Solutions Private Limited
- Pitney Bowes
- Trimble
Official Press Release: https://www.alliedmarketresearch.com/press-release/india-geographic-information-system-software-market.html
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter