{"id":178927,"date":"2018-05-16T11:51:00","date_gmt":"2018-05-16T11:51:00","guid":{"rendered":"https:\/\/www.geospatialworld.net\/consulting\/gw-market-insights\/us-holiday-shopping-2023-consumer-caution-and-retailer-resilience-3-2-3-2\/"},"modified":"2024-04-04T09:45:00","modified_gmt":"2024-04-04T09:45:00","slug":"the-global-gis-and-spatial-analytics-market-to-touch-us88-3-billion-by-2020","status":"publish","type":"post","link":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=178927","title":{"rendered":"The Global GIS and Spatial Analytics Market to Touch US$88.3 Billion by 2020"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"178927\" class=\"elementor elementor-178927\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ce89556 e-con-full e-flex e-con e-parent\" data-id=\"ce89556\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-408dc83 e-con-full e-flex e-con e-child\" data-id=\"408dc83\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b7236e7 elementor-widget elementor-widget-template\" data-id=\"b7236e7\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"container\" data-elementor-id=\"180611\" class=\"elementor elementor-180611\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-60ce631f e-con-full e-flex e-con e-parent\" data-id=\"60ce631f\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-2bb934a e-con-full e-flex e-con e-child\" data-id=\"2bb934a\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4aa08615 elementor-widget elementor-widget-heading\" data-id=\"4aa08615\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?cat=1\" rel=\"tag\">Article<\/a><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20304ae8 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"20304ae8\" data-element_type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">The Global GIS and Spatial Analytics Market to Touch US$88.3 Billion by 2020<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d287c9a elementor-widget elementor-widget-post-info\" data-id=\"4d287c9a\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-4a66850 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>May 16, 2018<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4f1b5867 e-con-full e-flex e-con e-child\" data-id=\"4f1b5867\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-199adf81 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"199adf81\" data-element_type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1200\" height=\"400\" src=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/04\/3.1.jpg\" class=\"attachment-full size-full wp-image-179047\" alt=\"\" srcset=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/04\/3.1.jpg 1200w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/04\/3.1-300x100.jpg 300w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/04\/3.1-1024x341.jpg 1024w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/04\/3.1-768x256.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-43126d6 e-con-full e-flex e-con e-child\" data-id=\"43126d6\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-b139748 e-con-full e-flex e-con e-child\" data-id=\"b139748\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-59905ea elementor-widget elementor-widget-author-box\" data-id=\"59905ea\" data-element_type=\"widget\" data-widget_type=\"author-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-author-box\">\n\t\t\t\n\t\t\t<div class=\"elementor-author-box__text\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.geospatialworld.net\/consulting\/gw-market-insights\/author\/ananya-narain\/\" target=\"_blank\">\n\t\t\t\t\t\t<h4 class=\"elementor-author-box__name\">\n\t\t\t\t\t\t\tAnanyaa Narain\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t<\/a>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-author-box__bio\">\n\t\t\t\t\t\t<p><b> Vice President- Consulting<\/b>  <br \/>Geospatial World<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-760299c elementor-widget elementor-widget-heading\" data-id=\"760299c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Share via:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6bf59a7 elementor-share-buttons--view-icon elementor-share-buttons--skin-minimal elementor-share-buttons--shape-rounded elementor-share-buttons--align-left elementor-share-buttons--color-custom elementor-grid-0 elementor-widget elementor-widget-share-buttons\" data-id=\"6bf59a7\" data-element_type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div\n\t\t\t\t\t\t\tclass=\"elementor-share-btn elementor-share-btn_facebook\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on facebook\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg class=\"e-font-icon-svg e-fab-facebook\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M504 256C504 119 393 8 256 8S8 119 8 256c0 123.78 90.69 226.38 209.25 245V327.69h-63V256h63v-54.64c0-62.15 37-96.48 93.67-96.48 27.14 0 55.52 4.84 55.52 4.84v61h-31.28c-30.8 0-40.41 19.12-40.41 38.73V256h68.78l-11 71.69h-57.78V501C413.31 482.38 504 379.78 504 256z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div\n\t\t\t\t\t\t\tclass=\"elementor-share-btn elementor-share-btn_twitter\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on twitter\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg class=\"e-font-icon-svg e-fab-twitter\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M459.37 151.716c.325 4.548.325 9.097.325 13.645 0 138.72-105.583 298.558-298.558 298.558-59.452 0-114.68-17.219-161.137-47.106 8.447.974 16.568 1.299 25.34 1.299 49.055 0 94.213-16.568 130.274-44.832-46.132-.975-84.792-31.188-98.112-72.772 6.498.974 12.995 1.624 19.818 1.624 9.421 0 18.843-1.3 27.614-3.573-48.081-9.747-84.143-51.98-84.143-102.985v-1.299c13.969 7.797 30.214 12.67 47.431 13.319-28.264-18.843-46.781-51.005-46.781-87.391 0-19.492 5.197-37.36 14.294-52.954 51.655 63.675 129.3 105.258 216.365 109.807-1.624-7.797-2.599-15.918-2.599-24.04 0-57.828 46.782-104.934 104.934-104.934 30.213 0 57.502 12.67 76.67 33.137 23.715-4.548 46.456-13.32 66.599-25.34-7.798 24.366-24.366 44.833-46.132 57.827 21.117-2.273 41.584-8.122 60.426-16.243-14.292 20.791-32.161 39.308-52.628 54.253z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div\n\t\t\t\t\t\t\tclass=\"elementor-share-btn elementor-share-btn_linkedin\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on linkedin\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg class=\"e-font-icon-svg e-fab-linkedin\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 32H31.9C14.3 32 0 46.5 0 64.3v383.4C0 465.5 14.3 480 31.9 480H416c17.6 0 32-14.5 32-32.3V64.3c0-17.8-14.4-32.3-32-32.3zM135.4 416H69V202.2h66.5V416zm-33.2-243c-21.3 0-38.5-17.3-38.5-38.5S80.9 96 102.2 96c21.2 0 38.5 17.3 38.5 38.5 0 21.3-17.2 38.5-38.5 38.5zm282.1 243h-66.4V312c0-24.8-.5-56.7-34.5-56.7-34.6 0-39.9 27-39.9 54.9V416h-66.4V202.2h63.7v29.2h.9c8.9-16.8 30.6-34.5 62.9-34.5 67.2 0 79.7 44.3 79.7 101.9V416z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div\n\t\t\t\t\t\t\tclass=\"elementor-share-btn elementor-share-btn_email\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on email\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg class=\"e-font-icon-svg e-fas-envelope\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M502.3 190.8c3.9-3.1 9.7-.2 9.7 4.7V400c0 26.5-21.5 48-48 48H48c-26.5 0-48-21.5-48-48V195.6c0-5 5.7-7.8 9.7-4.7 22.4 17.4 52.1 39.5 154.1 113.6 21.1 15.4 56.7 47.8 92.2 47.6 35.7.3 72-32.8 92.3-47.6 102-74.1 131.6-96.3 154-113.7zM256 320c23.2.4 56.6-29.2 73.4-41.4 132.7-96.3 142.8-104.7 173.4-128.7 5.8-4.5 9.2-11.5 9.2-18.9v-19c0-26.5-21.5-48-48-48H48C21.5 64 0 85.5 0 112v19c0 7.4 3.4 14.3 9.2 18.9 30.6 23.9 40.7 32.4 173.4 128.7 16.8 12.2 50.2 41.8 73.4 41.4z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-318aa65 e-con-full elementor-hidden-tablet elementor-hidden-mobile elementor-hidden-desktop e-flex e-con e-child\" data-id=\"318aa65\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a8ec07e elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"a8ec07e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">OUR IMPACT<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ab5990 elementor-widget elementor-widget-heading\" data-id=\"1ab5990\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What's the World Economic Forum doing to <strong>accelerate action on Trade and Investment?<\/strong><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b5cfe40 e-con-full e-flex e-con e-child\" data-id=\"b5cfe40\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;],&quot;sticky_offset&quot;:20,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_effects_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4c17a7c elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"4c17a7c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">RELATED REPORTS<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ece110 elementor-skin-carousel elementor-arrows-yes elementor-widget elementor-widget-media-carousel\" data-id=\"1ece110\" data-element_type=\"widget\" data-settings=\"{&quot;slides_per_view&quot;:&quot;1&quot;,&quot;slides_to_scroll&quot;:&quot;1&quot;,&quot;skin&quot;:&quot;carousel&quot;,&quot;effect&quot;:&quot;slide&quot;,&quot;show_arrows&quot;:&quot;yes&quot;,&quot;speed&quot;:500,&quot;autoplay&quot;:&quot;yes&quot;,&quot;autoplay_speed&quot;:5000,&quot;loop&quot;:&quot;yes&quot;,&quot;pause_on_hover&quot;:&quot;yes&quot;,&quot;pause_on_interaction&quot;:&quot;yes&quot;,&quot;space_between&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]},&quot;space_between_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]},&quot;space_between_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:10,&quot;sizes&quot;:[]}}\" data-widget_type=\"media-carousel.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-swiper\">\n\t\t\t<div class=\"elementor-main-swiper swiper-container\">\n\t\t\t\t<div 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data-id=\"5339447\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-1b65135 e-con-full important_quote e-flex e-con e-child\" data-id=\"1b65135\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3b1e84e elementor-widget elementor-widget-heading\" data-id=\"3b1e84e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">This article is part of:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8b34c75 elementor-widget elementor-widget-post-info\" data-id=\"8b34c75\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-a796b1a\" itemprop=\"about\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-terms\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-post-info__terms-list\">\n\t\t\t\t<span class=\"elementor-post-info__terms-list-item\">Geospatial Technologies<\/span>, <span class=\"elementor-post-info__terms-list-item\">GIS &amp; Spatial Analytics<\/span>, <span class=\"elementor-post-info__terms-list-item\">Market &amp; Economy<\/span>\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-626795a important_except elementor-widget elementor-widget-theme-post-excerpt\" data-id=\"626795a\" data-element_type=\"widget\" data-widget_type=\"theme-post-excerpt.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\nGIS and Spatial Analytics market to reach US$88.3 Billion by 2020 (12.4% CAGR). North America leads, Asia-Pacific grows fastest. Cloud, Big Data, and IoT are key drivers. Continuous innovations and integration with BIM indicate a promising future.\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8eb7cac para elementor-widget elementor-widget-text-editor\" data-id=\"8eb7cac\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Geography, enriched by information systems to form the Geographic Information System or GIS, is growing exponentially. A core geospatial technology, the GIS is used virtually in every field, adding value to practically every business segment and application areas. In text, the genesis of GIS platforms (solutions\/software) lies in capturing, analyzing, and presenting spatial and non-spatial information as effective visualizations. In reality, the segment is much more! The segment includes fast-growth engineering, and construction project designs, 3D Modeling with spatial data. Integration platforms, the field of location analytics and much more to bring about holistic situation awareness and provide real-time insights into operations.\u00a0<strong>Jack Dangermond, Founder, and CEO, Esri, USA<\/strong>, sums the importance and opportunity from the GIS\/Spatial Analytics segment much accurately,\u00a0<em>\u201cGIS is being applied virtually in every field of human endeavor.\u00a0The very same geospatial users who have been implementing GIS for decades will play a significant role in this evolution and transformation.\u201d<\/em><\/p><p>The global GIS and Spatial Analytics market is a universe in itself. The\u00a0<a href=\"https:\/\/geobuiz.com\/geobuiz-2018-report.html\">GeoBuiz-18 report<\/a>, an exclusive study by Geospatial Media and Communications, broadly segments the geospatial technology ecosystem into four categories, namely, GNSS and Positioning, GIS and Spatial Analytics, Earth Observation, and 3D Scanning. Further on, the report shares a harmonized view of the global market size, regional market size and growth, technology drivers, industry segment drivers and recent technology and business innovations for the four technology segments respectively.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9aeebae e-con-full important_except2 e-flex e-con e-child\" data-id=\"9aeebae\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3827185 elementor-widget elementor-widget-heading\" data-id=\"3827185\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">\"<i>GIS is being applied virtually in every field of human endeavor. The very same geospatial users who have been implementing GIS for decades will play a significant role in this evolution and transformation<\/i>.\"<br>\n<b>Jack Dangermond, Founder, and CEO, Esri, USA<\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d8ab96f e-con-full e-flex e-con e-child\" data-id=\"d8ab96f\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-c1bb3c4 e-con-full e-flex e-con e-child\" data-id=\"c1bb3c4\" data-element_type=\"container\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;],&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d2f6659 para_h elementor-widget elementor-widget-heading\" data-id=\"d2f6659\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">GIS and Spatial Analytics Market: Global Size<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1cb1cc1 para elementor-widget elementor-widget-text-editor\" data-id=\"1cb1cc1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The\u00a0<strong><a href=\"https:\/\/geobuiz.com\/geobuiz-2018-report.html\">GeoBuiz-18 report<\/a><\/strong>\u00a0estimates the GIS and Spatial Analytics market to be the second largest after the GNSS and Positioning market. The GIS and Spatial Analytics market is expected to grow from\u00a0<strong>US$ 66.2 Billion in 2017 to US$ 88.3 Billion<\/strong>\u00a0in 2020 growing at a CAGR of 12.4%. In the recent period, because of the transition from 2D-based maps to 3D-based maps, the demand of 3D GIS is on the rise. As more developing countries like China and\u00a0<span id=\"urn:local-text-annotation-iwbijabk13n9zc5k6gkl9m74kxns1cn0\" class=\"textannotation disambiguated wl-place\">India<\/span>, focus on the development of Smart Cities, the adoption of GIS for 3D urban mapping becomes imperative thus contributing to the increasing market of GIS\/Spatial Analytics technologies. This has resulted in the creation of new breakthroughs in spatial modeling and location analytics. Furthermore, the services and solutions segment of the GIS and spatial analytics market is expected to grow much faster than the software business. While the software GIS market is expected to be US$ 17.9 Billion in 2020, the Services and Solutions, and the Content segment is going to hold the largest share of the pie with US$ 46.2 Billion and US$ 24.2 Billion in 2020 respectively.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-26be03d e-con-full e-flex e-con e-child\" data-id=\"26be03d\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c24e018 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"c24e018\" data-element_type=\"widget\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_offset&quot;:125,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_effects_offset&quot;:0}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/g_3.jpg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"g_3\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MTI1MDY0LCJ1cmwiOiJodHRwczpcL1wvZ2Vvc3BhdGlhbHdvcmxkLm5ldFwvY29uc3VsdGluZ1wvZ3ctbWFya2V0LWluc2lnaHRzXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDE4XC8wNVwvZ18zLmpwZyJ9\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/g_3.jpg\" class=\"attachment-full size-full wp-image-125064\" alt=\"GIS and Spatial Analytics Market\" srcset=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/g_3.jpg 1024w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/g_3-300x150.jpg 300w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/g_3-768x384.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Source: GeoBuiz-18 Report<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-208943f e-con-full e-flex e-con e-child\" data-id=\"208943f\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-5cc8470 e-con-full e-flex e-con e-child\" data-id=\"5cc8470\" data-element_type=\"container\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;],&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fb71850 para_h elementor-widget elementor-widget-heading\" data-id=\"fb71850\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">GIS and Spatial Analytics Market: Regional Share<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3713c8 para elementor-widget elementor-widget-text-editor\" data-id=\"e3713c8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The\u00a0<strong><a href=\"https:\/\/geobuiz.com\/geobuiz-2018-report.html\">GeoBuiz-18 report<\/a><\/strong> highlights that the North America region shall continue to be the major shareholder of the GIS and Spatial Analytics market in the near future. Estimated to grow at 7.7% CAGR between 2013-2020; the North America region is expected to have a share of 41.1% of the total GIS and Spatial Analytics market in 2020. While this share is on the conservative side highlighting a fall from 43.3% of the total market in 2017 \u2013 the North America region shall continue to be the market leader. This growth momentum can be attributed to the focused investments of the Federal government of the USA to deploy GIS software and services for its employees and other associated government bodies. Additionally, the European region shall continue to grow at a marginal rate of 6.8% CAGR between 2013-2020 and is expected to have a share of 22% of the total GIS and Spatial Analytics market in 2020.<\/p><p>Similar to the trends observed in the\u00a0<strong><a href=\"https:\/\/www.geospatialworld.net\/blogs\/gnss-and-positioning-market\/\">GNSS and Positioning market<\/a><\/strong> analysis, the Asia-Pacific region is expected to grow at a much faster pace than all other regions, capturing approximately 26.9% of the total GIS and Spatial Analytics market in 2020. Increasing investments by the governments in varied application areas and program mandates are going to be the key drivers for increased GIS adoption in this region. Estimated to grow at 20.8% CAGR between 2013-2020, the GIS market in this region is going to be driven by the collective efforts of the government, the private sector, entrepreneurs, planners and decision-makers, and academia and institutions. A case in point is the Indian government. The Government of <span id=\"urn:local-text-annotation-n2xwr86rs9nmwk9okzrd9aigcd6us62v\" class=\"textannotation disambiguated wl-place\">India<\/span>, through its Digital\u00a0<span id=\"urn:local-text-annotation-ltx99mid5ydh8pjs2cakoxr3agbooo6q\" class=\"textannotation disambiguated wl-place\">India<\/span>\u00a0Initiative and other key schemes and programs (for instance: AMRUT, Smart Cities, IPDS, and DILRMP) has mandated the development of a GIS-based database in the country. Also, the government is focused on identifying the untapped potential of GIS implementation through the \u2018National GIS Vision\u2019 as charted under the 12th five-year plan (2012-17). In this regard, the\u00a0<strong><a href=\"https:\/\/geobuiz.com\/india-geospatial-economy-report-2018.html\">Indian Geospatial Economy (IGE) -2018<\/a><\/strong>\u00a0report, highlights that the GIS and Spatial Analytics market is the second biggest contributor to the geospatial market in\u00a0<span id=\"urn:local-text-annotation-so5walwe1ohalhtdlmlxbkepn5upg0ni\" class=\"textannotation disambiguated wl-place\">India<\/span>, constituting 23.1% of the total market with an estimated market revenue of INR 1,771 crore in FY 2017-18. This figure is estimated to reach INR 2,674 crore in FY 2020-21.<\/p><p>Similar growth stories are taking place in other Asian economies like China, South Korea, Japan, etc., where focused schemes and initiatives are going to drive the GIS and Spatial Analytics market growth.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b5c9ef5 e-con-full e-flex e-con e-child\" data-id=\"b5c9ef5\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9a7772d elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"9a7772d\" data-element_type=\"widget\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_offset&quot;:125,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_effects_offset&quot;:0}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-16-at-11.39.04-AM.png\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"GIS\/Spatial Analytics Market: Region-Wise Growth\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MTI1MDY1LCJ1cmwiOiJodHRwczpcL1wvZ2Vvc3BhdGlhbHdvcmxkLm5ldFwvY29uc3VsdGluZ1wvZ3ctbWFya2V0LWluc2lnaHRzXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDE4XC8wNVwvU2NyZWVuLVNob3QtMjAxOC0wNS0xNi1hdC0xMS4zOS4wNC1BTS5wbmcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1015\" height=\"593\" src=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-16-at-11.39.04-AM.png\" class=\"attachment-full size-full wp-image-125065\" alt=\"GIS and Spatial Analytics Market\" srcset=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-16-at-11.39.04-AM.png 1015w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-16-at-11.39.04-AM-300x175.png 300w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-16-at-11.39.04-AM-768x449.png 768w\" sizes=\"(max-width: 1015px) 100vw, 1015px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Source: GeoBuiz-18 Report<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7fa2013 e-con-full e-flex e-con e-child\" data-id=\"7fa2013\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-a417a91 e-con-full e-flex e-con e-child\" data-id=\"a417a91\" data-element_type=\"container\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;],&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-130d679 para_h elementor-widget elementor-widget-heading\" data-id=\"130d679\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">GIS and Spatial Analytics Market: Technology Drivers\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b3abdb para elementor-widget elementor-widget-text-editor\" data-id=\"6b3abdb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>According to the\u00a0<strong><a href=\"https:\/\/geobuiz.com\/geobuiz-2018-report.html\">GeoBuiz-18 report<\/a><\/strong>, Cloud Computing, Big Data Analytics, and the Internet of Things (IoT) are the key drivers of the GIS and Spatial Analytics market. Today, most of the GIS services such as maps database, imagery, and base maps are all available in the cloud. The technology and architecture associated with cloud technology enables computing and analytics on geographic information systems with ease. Also, this enables users to use geospatial data with ease without having to worry about data storage, data security, and other privacy concerns.\u00a0 Similarly, Big Data Analytics is a crucial driver of the GIS and Spatial Analytics segment. GIS and Spatial Analytics segment forms the core of the industry value chain, receiving large amounts of spatial and non-spatial data from all sources to derive actionable insights; Big Data Analytics has expanded the scope of applicability for GIS-based solutions to create integrated and actionable contexts.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cebdf16 e-con-full e-flex e-con e-child\" data-id=\"cebdf16\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e215002 elementor-widget elementor-widget-image\" data-id=\"e215002\" data-element_type=\"widget\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_offset&quot;:125,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_effects_offset&quot;:0}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-16-at-11.39.21-AM.png\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MTI1MDY4LCJ1cmwiOiJodHRwczpcL1wvZ2Vvc3BhdGlhbHdvcmxkLm5ldFwvY29uc3VsdGluZ1wvZ3ctbWFya2V0LWluc2lnaHRzXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDE4XC8wNVwvU2NyZWVuLVNob3QtMjAxOC0wNS0xNi1hdC0xMS4zOS4yMS1BTS5wbmcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"868\" height=\"308\" src=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-16-at-11.39.21-AM.png\" class=\"attachment-full size-full wp-image-125068\" alt=\"GIS and Spatial Analytics Market\" srcset=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-16-at-11.39.21-AM.png 868w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-16-at-11.39.21-AM-300x106.png 300w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2018\/05\/Screen-Shot-2018-05-16-at-11.39.21-AM-768x273.png 768w\" sizes=\"(max-width: 868px) 100vw, 868px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Source: GeoBuiz-18 Report<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d9fdd33 e-con-full e-flex e-con e-child\" data-id=\"d9fdd33\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-fb834f0 e-con-full elementor-hidden-mobile e-flex e-con e-child\" data-id=\"fb834f0\" data-element_type=\"container\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7e837ab e-con-full e-flex e-con e-child\" data-id=\"7e837ab\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-d7fc609 e-con-full important_except2 e-flex e-con e-child\" data-id=\"d7fc609\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9cd1031 elementor-widget elementor-widget-heading\" data-id=\"9cd1031\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">\u201c<i>Cloud computing, combined with IoT, devices, and apps, is beginning to enable an instrumented world \u2014 a digital twin in which computing can be harnessed to respond to new kinds of trends. New companies who understand these concepts, share a vision for them, and will envision and implement new kinds of geospatial solutions will ultimately emerge\u201d <\/i><br><span style=\"font-weight: 700\">Jack Dangermond, Founder, and CEO, Esri, USA<\/span><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7e6e0bf para_h elementor-widget elementor-widget-heading\" data-id=\"7e6e0bf\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">GIS and Spatial Analytics: Recent Technology and Business Innovations<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-405cf28 para elementor-widget elementor-widget-text-editor\" data-id=\"405cf28\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Although the inception of the GIS and Spatial Analytics industry began decades ago, this segment continues to be dominated by technology and business innovations on a regular basis. The debate has moved away from whether the \u2018S\u2019 in GIS is a system, sciences, studies, or service, but of breakthroughs in terms of services, and product development. Web and Cloud GIS-based applications are enabling users to easily access and process large chunks of geospatial data; integration of GIS, 3D modeling, and virtual reality holds immense promise for domains like infrastructure and urban planning; Mobile GIS has made the technology more user-friendly; real-time streaming of data is now a reality; and the transition from the traditional 2D maps to 3D maps are some of the key technology innovations of this segment.<\/p><p><strong>Also Read:<\/strong>\u00a0<strong><a href=\"https:\/\/www.geospatialworld.net\/blogs\/gnss-and-positioning-market\/\">GNSS and Positioning market to touch US$260.8 Billion by 2020<\/a><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d27b548 e-con-full important_except2 e-flex e-con e-child\" data-id=\"d27b548\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-efc910d elementor-widget elementor-widget-heading\" data-id=\"efc910d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><i>\u201cGIS is the universal glue using which we should bind together things and achieve growth, which has no limits. We should search more and more and innovate.\u201d<\/i><br>\n<b>R.S. Pawar, Chairman and Managing Director, NIIT Group<\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-486318e para_h elementor-widget elementor-widget-heading\" data-id=\"486318e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">GIS and Spatial Analytics Market: The Future<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-298c684 para elementor-widget elementor-widget-text-editor\" data-id=\"298c684\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In the recently held, Geospatial Artha Summit at the\u00a0India\u00a0Habitat Centre,\u00a0<strong>R.S. Pawar, Chairman and Managing Director, NIIT Group<\/strong>, pointed out,\u00a0<em>\u201cGIS is the universal glue using which we should bind together things and achieve growth, which has no limits. We should search more and more and innovate.\u201d<\/em> In perspective, the GIS and Spatial Analytics market is going to witness continuous growth primarily driven by the demand in developing economies. As these economies strategize and digitize their citizen services in their entirety, GIS is going to be crucial to maintaining transparent and efficient service delivery. Furthermore, with the increasing demand to build sustainable and efficient infrastructure due to rapid urbanization and population growth (esp. in developing economies), the AEC industry is going to be heavily reliant on GIS and BIM-compliant\u00a0processes. In this regard, the integration of\u00a0BIM\u00a0and GIS is seen to be the mainstream method of working.\u00a0<strong>Nicolas Mangon, Vice President, AEC Business Strategy and Marketing, Autodesk<\/strong>, sums it up accurately,\u00a0<em>\u201cWithin the AEC industry, the integration of\u00a0BIM\u00a0and GIS data shall provide the much-needed impetus to Governments, citizens, and businesses.\u201d<\/em> In the next few years, GIS and location-based GIS data shall only empower its users with the capabilities to respond to market trends and demands. The potential of the segment is huge, it&#8217;s only up to the stakeholders to capitalize on it and enrich and augment the evolution and transformation of GIS.<\/p><p>To sum up, the GIS and Spatial Analytics market segment is open to multiple opportunities. To understand in detail the global market size, regional market size, technology drivers, benefits and challenges, and recent business innovation and trends of the four crucial technology segments of the geospatial ecosystem, download your FREE copy of the <strong><a href=\"https:\/\/geobuiz.com\/geobuiz-2018-report.html\">GeoBuiz-18 report<\/a>,<\/strong> today!<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-445136a e-con-full important_except2 e-flex e-con e-child\" data-id=\"445136a\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-517122b elementor-widget elementor-widget-heading\" data-id=\"517122b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><i>\u201cWithin the AEC industry, the integration of BIM and GIS data shall provide the much-needed impetus to Governments, citizens, and businesses.\u201d<\/i> <br>\n<b>Nicolas Mangon, Vice President, AEC Business Strategy and Marketing, Autodesk<\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d4baa16 elementor-widget elementor-widget-heading\" data-id=\"d4baa16\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Share via:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5286655 elementor-share-buttons--view-icon elementor-share-buttons--skin-minimal elementor-share-buttons--shape-rounded elementor-share-buttons--align-left elementor-share-buttons--color-custom elementor-grid-0 elementor-widget elementor-widget-share-buttons\" data-id=\"5286655\" 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13.319-28.264-18.843-46.781-51.005-46.781-87.391 0-19.492 5.197-37.36 14.294-52.954 51.655 63.675 129.3 105.258 216.365 109.807-1.624-7.797-2.599-15.918-2.599-24.04 0-57.828 46.782-104.934 104.934-104.934 30.213 0 57.502 12.67 76.67 33.137 23.715-4.548 46.456-13.32 66.599-25.34-7.798 24.366-24.366 44.833-46.132 57.827 21.117-2.273 41.584-8.122 60.426-16.243-14.292 20.791-32.161 39.308-52.628 54.253z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div\n\t\t\t\t\t\t\tclass=\"elementor-share-btn elementor-share-btn_linkedin\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on linkedin\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg class=\"e-font-icon-svg e-fab-linkedin\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 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data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f0a8048 elementor-widget elementor-widget-template\" data-id=\"f0a8048\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"container\" data-elementor-id=\"180755\" class=\"elementor elementor-180755\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-46f9199c e-flex e-con-boxed e-con e-parent\" data-id=\"46f9199c\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-23a5e6f0 elementor-widget elementor-widget-heading\" data-id=\"23a5e6f0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div 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href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=179379\" target=&quot;_blank&quot;>\n\t\t\t\tWhat is the GEOBIM Maturity Model?\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>GIS and Spatial Analytics market to reach US$88.3 Billion by 2020 (12.4% CAGR). North America leads, Asia-Pacific grows fastest. Cloud, Big Data, and IoT are key drivers. Continuous innovations and integration with BIM indicate a promising future.<\/p>\n","protected":false},"author":2,"featured_media":179047,"comment_status":"open","ping_status":"open","sticky":true,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[78,90,77],"class_list":["post-178927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","tag-geospatial-technologies","tag-gis-spatial-analytics","tag-market-economy"],"_links":{"self":[{"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/posts\/178927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=178927"}],"version-history":[{"count":215,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/posts\/178927\/revisions"}],"predecessor-version":[{"id":182528,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/posts\/178927\/revisions\/182528"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=\/wp\/v2\/media\/179047"}],"wp:attachment":[{"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=178927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=178927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=178927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}