IMARC Group has published a market research 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 Country 2024-2032“, offers a comprehensive analysis of the industry, which comprises insights on the Europe geographic information system (GIS) market trends. The market size reached US$ 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.29% during 2024-2032.
The Europe geographic information system (GIS) market is experiencing significant growth, primarily driven by the rising emphasis on spatial data and location intelligence across several sectors, including real estate, government bodies, transportation, etc. In addition to this, the incorporation of GIS technology with conventional business applications is becoming an important tool for strategic decision-making, which is enabling businesses and government authorities to analyze data. Furthermore, the ability of cloud-based GIS solutions to provide real-time data access, improve collaborations, and support the rising need for remote working capabilities is also propelling the growth of the Europe geographic information system (GIS) market. Additionally, the stringent regulations of the European Union on the privacy of data and environmental sustainability are encouraging organizations to adopt GIS solutions that follow these norms, thereby driving market growth.
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Europe Geographic Information System (GIS) Market Trends and Drivers:
The increasing acceptance of artificial intelligence (AI) and machine learning (ML) technologies to improve spatial data analysis and offer deeper insights into geographical data is further contributing to the growth of the Europe geographic information system (GIS) market. Moreover, the integration of IoT devices and sensors across the continent is producing immense amounts of geospatial data, which is driving market expansion. This increase in data is enabling more comprehensive and precise analysis and facilitating better urban planning, monitoring of the environment, and strategies to manage disasters. Apart from this, as European countries continue to invest in digital infrastructure and prioritize technological innovations, the Europe geographic information system (GIS) market is set to experience significant growth in the coming years.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Component:
- Hardware
- Software
- Services
Breakup by Function:
- Mapping
- Surveying
- Telematics and Navigation
- Location-Based Services
Breakup by Device:
- Desktop
- Mobile
Breakup by End Use Industry:
- Agriculture
- Utilities
- Mining
- Construction
- Transportation
- Oil and Gas
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
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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