MarketResearch.biz has recently published its market research report titled, “Global Cloud Geospatial Information Service Market by Service Model, by Deployment Model, by End User, and by Region/ Country (US, Europe, Japan, China, India, South East Asia, and Rest of the World) – Global Forecast from 2020 to 2029”. The report offers a deep-dive analysis of the global cloud geospatial information service market. It is through systematic and exhaustive research efforts, both primary and secondary, as well as ideal segmentation that the research results have been gleaned over the study period. The report also presents the first five-year cumulative revenue (2020–2024), which is projected to be valued at over US$ 5 Billion, and this is expected to increase quite significantly over the latter part of the five-year forecast period.
The Cloud-based GIS refers to web-based hosted services which is a type of information system that generates data in the form of maps and aids the enterprises to analyze and optimize their business operations. Cloud GIS offers media-supported information related to location at anytime and anywhere. The process offers information in comparatively lesser time and takes less time to analyze, share, and publish data. Cloud GIS is a service intended for GIS-technology users or public users to want to access maps. These services include data storage and access, map service, advanced application analytics for management of assets and data. One of the prominent advantages of cloud GIS is optimization of operations on real-time basis.
Browse the full “Cloud Geospatial Information Service (GIS) Market By Service Model (Software-as-a-Service, Platform-as-a-Service, Infrastructure-as-a-Service), By Deployment Model (Private Cloud, Public Cloud, Hybrid Cloud), and Region – Global Forecast to 2029” report at https://marketresearch.biz/report/cloud-geospatial-information-service-gis-market/
Global Cloud Geospatial Information Service Market: Market Dynamics
Growing demand and requirement for convenience in accessing data by various small, medium and large scale enterprises is expected to result in increasing adoption of cloud GIS. This cloud-based service provides media-supported location information with high-speed Internet connectivity. Usage of cloud GIS helps to save not only cost and time, but also enables easy and faster sharing and publishing of information and data. Ease-of-use is an added advantage of cloud GIS when compared to conventional GIS, and this feature makes it more viable option for users from different enterprises ranging from government offices to utility sector, and several other end-use industries.
Cloud GIS has ability to support the Smart City concept, which is a technological approach to address issues related to unplanned urbanization, especially in developing countries. Cloud GIS in the smart cities can offer integrated inter-sectoral platform for collecting, compiling, managing, analyzing, and visualizing spatiotemporal information for systematic urban planning, development, and management. Increasing preference for smart cities and rapid urbanization are factors expected to drive growth of the target market over the 10-year forecast period.
Global Cloud Geospatial Information Service Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global cloud geospatial information service market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global cloud geospatial information service market is expected to register a CAGR of 14.9% over the forecast period.
Global Cloud Geospatial Information Service Market: Segmental Snapshot
The market report has been segmented on the basis of service model, deployment model, end user, and region/ country. The service model segment includes software-as-a-service (SaaS), platform-as-a-service (PaaS), and infrastructure-as-a-service (IaaS). The deployment model segment includes private cloud, public cloud, and hybrid cloud. The end user segment includes telecommunication, natural resources, government, and other end users. The regions/ countries include US, Europe, Japan, China, India, South East Asia, and Rest of the World.
Service Model: The software-as-a-service (SaaS) segment is expected to account for the highest revenue share as compared to other segments. The platform-as-a-service (PaaS) segment is projected to register highest CAGR of over 16.2%.
Deployment Model: The public cloud segment is expected to record highest revenue share in the global market as compared to other segments, and is projected to register highest CAGR of over 16%
End User: The government segment is projected to record the highest revenue contribution, and is projected to register highest CAGR of over 15.8%
Region/ Country: The market in the US is expected to record largest revenue share in the global cloud geospatial information service market. The market in China is projected to register the highest growth rate of more than 16.1% over the 10-year forecast period.
Global Cloud Geospatial Information Service Market: Competitive Analysis
The research report on the global cloud geospatial information service market includes profiles of some of the major companies such as Hexagon AB, Microsoft Corporation, Alphabet, Inc., Apple Inc., ESRI Holdings Limited, CARTO, Zondy Cyber Group (MapGIS), GIS Cloud Ltd., Mapbox, and OpenStreetMap Foundation.
“Global Cloud Geospatial Information Service Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2020–2029” report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global cloud geospatial information service market for 2019–2029.
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