The global cloud GIS market is anticipated to grow at a considerable CAGR of 8.8% during the forecast period. The cloud geospatial information service (GIS) is a web-based information system that generates data in the form of maps, which help businesses to analyze and optimize their operations. It provides media-enriched location information at any place and at any given time. This method requires less time to share, analyze, and publish data. Cloud GIS uses a virtualized platform that is beneficial for a scalable and elastic environment. Real-time optimization of operations is the key advantage of cloud GIS. The ability to easily transfer towards cloud GIS presents a major opportunity for market expansion. However, some challenges are also impeding the growth of the market, such as data quality issues, cyber security concerns, and high initial implementation costs. The low internet penetration in the Asia-Pacific region also restrains the cloud GIS market growth.
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The COVID-19 pandemic has upended many lives and businesses on an unprecedented scale. With physical interaction no longer being an acceptable form of communication in light of social distancing efforts, enterprises and institutions across the globe have made a sudden shift to digital solutions in a bid to retain productivity. Furthermore, many developed nations, including Europe and the US, are now requiring employees at non-essential businesses to work remotely for an indefinite time frame. Schools and universities are also leveraging video conferencing platforms to facilitate distance learning through live or recorded lectures. As a result of all these factors, the cloud GIS-based solutions report record-breaking growth figures.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Cloud GIS Market by Product Type
- SaaS
- PaaS
- IaaS
Global Cloud GIS Market by End-User
- Telecommunication
- Utility
- Government
- Natural Resources
- Others
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AAM Group
- Axim Geospatial
- Bentley Systems Inc.
- CartoDB, Inc.
- GIS Cloud Ltd.
- Harrier Information Systems Pvt. Ltd.
- Hexagon AB
- Oracle Corp.
- ROK Technologies, LLC
- Sourcepole AG
- SuperMap Software Co., Ltd.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global cloud GIS market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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