Europe Geographic Information System (GIS) Market Report 2023, Size, Trends, Share, Growth, Industry Overview & Forecast 2028
IMARC Group’s report titled “Europe Geographic Information System (GIS) Market Report by Component (Hardware, Software, Services), Function (Mapping, Surveying, Telematics and Navigation, Location-Based Services), Device (Desktop, Mobile), End Use Industry (Agriculture, Utilities, Mining, Construction, Transportation, Oil and Gas, and Others), and Region 2023-2028“, The Europe geographic information system (GIS) market size reached US$ 2.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.2% during 2023-2028.
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Factors Affecting the Growth of the Europe Geographic Information System (GIS) Industry:
- Environmental Concerns:
The growing adoption of geographic information system (GIS) due to rising environmental concerns is offering a positive market outlook in Europe. Organizations are seeking solutions that assist in addressing ecological challenges. GIS facilitates spatial analysis, mapping, and monitoring of environmental parameters, such as land use, biodiversity, and climate change impacts. Moreover, governing agencies in the region, conservation organizations, and research institutions are relying on GIS to support ecosystem management, habitat restoration, and natural resource conservation. GIS also plays a crucial role in disaster preparedness and response, enabling authorities to assess risks, plan evacuation routes, and coordinate emergency operations effectively.
- Smart City Projects:
Governing authorities in Europe are focusing on smart city projects, which are contributing to the growth of the market. The rising adoption of digital solutions to address urban challenges is strengthening the market growth. GIS technologies benefit in optimizing transportation systems, managing utilities, and enhancing public service delivery. Smart cities can gather real-time spatial information to improve urban planning, traffic management, and environmental sustainability by integrating GIS with Internet of Things (IoT) sensors and big data analytics. These initiatives not only enhance operational efficiency but also contribute to the economic growth of the region.
- Digital Transformation:
The increasing adoption of GIS across various industries in Europe is impelling the growth of the market. Organizations leverage GIS solutions to streamline business processes, optimize resource allocation, and make data-driven decisions. In various sectors, such as agriculture, transportation, and healthcare, GIS enables spatial analysis, asset management, and predictive modeling to enhance operational efficiency and improve outcomes. Furthermore, the integration of GIS with advanced technologies like artificial intelligence (AI) and machine learning (ML) enhances its capabilities in data visualization, pattern recognition, and predictive analytics, which is bolstering the market growth.
Europe Geographic Information System (GIS) Market Report Segmentation:
By Component:
- Hardware
- Software
- Services
Software represents the largest segment, which can be accredited to its vital role in enabling spatial data analysis, visualization, and management.
By Function:
- Mapping
- Surveying
- Telematics and Navigation
- Location-Based Services
Location-based services hold the biggest market share on account of the rising demand for personalized experiences among individuals.
By Device:
- Desktop
- Mobile
Mobile accounts for the largest market share as it enables users to access and interact with spatial data on-the-go, facilitating field data collection, asset management, and navigation tasks.
By End Use Industry:
- Agriculture
- Utilities
- Mining
- Construction
- Transportation
- Oil and Gas
- Others
Transportation exhibits a clear dominance in the market due to the increasing focus on route planning and traffic management.
Regional Insights:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Germany enjoys a leading position in the Europe geographic information system (GIS) market, which can be attributed to favorable government initiatives.
Europe Geographic Information System (GIS) Market Trends:
Governing agencies in Europe are focusing on investing in GIS for efficient urban planning, environmental management, and infrastructure development, which is propelling the growth of the market. The increasing utilization of GIS solutions to optimize resource allocation, enhance public services, and mitigate risks associated with natural disasters and climate change is impelling the market growth. The rising adoption of GIS to achieve sustainability is bolstering the market growth.
Apart from this, innovations in GIS software, such as cloud-based platforms and mobile applications, benefit in enhancing accessibility. Moreover, the increasing demand for location-based services in various sectors is supporting the market growth in the region.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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