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Geographic Information System (GIS) Market Outlook 2027 By Component, Function, Size, Share, Trends, Growth

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According To TechSci Research,  Global geographic information system (GIS) market is expected to grow at a steady CAGR during the forecast period. Continuous advancements in GIS technologies like geo-analytics is one of the key factors due to which the market is anticipated to ramp up during the forecast years. Moreover, rapid utilization of mapping technologies in numerous end user industries is positively impacting the growth of market during the forecast period. The global geographic information system (GIS) market is segmented based on component, function, end user industry, company, and region. Based on   component, the market can be categorized into software and hardware. Out of which, the software segment dominated the market until 2021 and is expected to grow at a highest CAGR during the forecast period as well which can be attributed to growing use of GIS in urban planning, transport management, disaster management and smart city development. In terms of end user ind...