Cloud Geospatial Information Service (GIS) Market By Service Model (Software-as-a-Service, Platform-as-a-Service and Others), By Deployment Model (Private Cloud and Others), By End-Use (Telecommunication and Others) and By Region - Global Forecast to 2030

“Global Cloud GIS Market” is the title of a recently published market report compiled by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global cloud GIS market has been segmented on the basis of service model, deployment model, end-user, as well as regions and countries.

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The Global Cloud GIS Market was valued at UЅD $818.2 Мn in 2020, and is projected to achieve a valuation of UЅD $2,862.2 Мn by 2030, at a САGR of 16.4%.

Overview:

Geographic Information System (GIS) cloud has been accepted as a perfect tool to upgrade conventional GIS applications and provide a broad spectrum of services to users across the globe. Applications running on such a platform can be accessed via web clients, while the application software and data are kept at the (virtual) server side.

Dynamics:

Due to ever-booming population figures, and robust urbanization levels across the world, there is a growing need to effectively manage day-to-day requirements in fields such as transportation, logistics, etc. The increasing adoption of cloud computing solutions to efficiently manage manipulate, store, analyze and share business information and geospatial data. Moreover, cloud-based GIS offers benefits such as, the easy sharing & publishing of data, better time management efficiency, etc., to users from various consumer segments. These are some of the primary factors that are expected to continue to fuel the revenue growth of the global cloud GIS market in the foreseeable future.

The implementation of cloud GIS in the planning and development of smart cities; an endeavor that several respective governing bodies and private organizations have been increasingly paying keen focus towards in recent years. Cloud GIS acts as an intersectoral platform to collect, manage, compile, analyze, and visualize spatiotemporal data meant for sustainable urban planning, development, and management. This is another major factor that is slated to have a significant impact on the revenue growth of the global cloud GIS market in the foreseeable future.

However, in light of the recent COVID-19 outbreak, the operations of numerous industries have either been temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global cloud GIS market is no different, and this is expected to have a negative impact on the revenue growth of this industry in the years to come. Additionally, the high capital investments associated with the implementation of cloud GIS is also a factor that could potentially have a negative impact on the revenue growth of the global cloud GIS market in the coming years.

Nonetheless, the integration of big data and IoT with cloud-based GIS is a factor that is anticipated to create more opportunities of future revenue growth for the global cloud GIS market in the years to come.

Segmentation of the global cloud GIS market is as follows:

In terms of service model, the Software-as-a-Service (SaaS) segment accounted for the maximum number of revenue shares of the global cloud GIS market in 2020, and is expected to continue doing so over the forecast period. However, the Platform-as-a-Service (PaaS) segment is anticipated to index the highest CAGR over the next 10 years.

With regards to deployment model, the public cloud segment accounted for the highest number of revenue shares of the global cloud GIS market in 2020, and is anticipated to register the highest CAGR over the next decade. The private cloud segment accounted for the second-highest number of revenue shares in 2020, and is indicative of retaining its position over the forecast period.

On the basis of end-user, the government segment accounted for the maximum number of revenue shares of the global cloud GIS market in 2020, and is anticipated to continue doing so for the remainder of the forecast period. The telecommunication segment is also anticipated to register considerable revenue growth over the next 10 years.

Regional Segmentation and Analysis:

The markets in the United States of America accounted for the maximum number of revenue shares of the global cloud GIS market in 2020, and are indicative of remaining this industry’s front-runner over the next decade. The markets in Europe accounted for the second-most number of revenue shares in 2020, and are anticipated to continue doing so over the forecast period.

Segmentation of the Global Cloud GIS Market:

Segmentation by Service Model:

• Software-as-a-Service (SaaS)
• Platform-as-a-Service (PaaS)
• Infrastructure-as-a-Service (IaaS)

Segmentation by Deployment Model:

• Private Cloud
• Public Cloud
• Hybrid Cloud

Segmentation by End-User:

• Telecommunication
• Natural Resources
• Government
• Other End-users

Segmentation by Regions:

• North America
• Europe
• APAC
• South America
• MEA