Сlоud-bаѕеd Gеоѕраtіаl Іnfоrmаtіоn Ѕеrvісе (GІЅ) іѕ а wеb-bаѕеd іnfоrmаtіоn ѕуѕtеm dеѕіgnеd tо gеnеrаtе dаtа іn thе fоrm оf mарѕ, whісh аrе uѕеd tо еnаblе аnаlуѕіѕ аnd орtіmіzе ореrаtіоnѕ аnd еffісіеnсу іn tеrmѕ оf lосаtіоn аnd роѕіtіоnіng. GІЅ іѕ сараblе оf оffеrіng mеdіа-еnrісhеd lосаtіоn іnfоrmаtіоn 24/7, аnd аt аnу lосаtіоn.
The global Cloud Geospatial Information Service (GIS) market is expected to be worth approximately US$ 2.7 Billion by end of 2029 and register a growth rate of 14.9% over the 10-year forecast period. Among the service model segments, the Software as a Service (SaaS) segment is expected to account for highest revenue share of 39.7% in 2019. Among the deployment model, the public cloud segment is expected to account for higher revenue share of US$ 296.3 Million in 2019. On the basis of regions and countries, the cloud GIS market in the US is projected to account for highest revenue share of US$ 256 Million in 2019.
Key players include Hexagon AB, Microsoft Corporation, Alphabet, Inc., Apple Inc., ESRI Holdings Limited, CARTO, Zondy Cyber Group (MapGIS), GIS Cloud Ltd., Mapbox, and OpenStreetMap Foundation.
