GIS Software industry Booming Strategies of Top Companies
Geographic Information System GIS Software market size is estimated to be worth USD 6 billion in 2020 and is projected to grow at a CAGR of 13% between 2019 to 2026 globally. GIS is a software program that can generate, maintain, analyze, and map various types of data. GIS connects data to a map by integrating location data with other types of descriptive data, such as demographic data. This lays the groundwork for mapping and analysis, which is employed in research. GIS assists users in comprehending patterns, connections, and spatial context. Its advantages include improved communication, efficiency, better management, and decision-making. Increase in need for upgrading operational efficiency and throughput boosts the demand for the global GIS software. However, the availability of open-source alternatives for GIS software technology limits the growth of GIS software market. On the contrary, rise in demand for GIS software solutions in small & medium enterprises is exp...