Provided a reliable and fast internet connection, the cloud GIS systems save much time and finance for the ultimate aim to provide media-enriched location information from any place at any time. Compared to traditional GIS software, the GIS cloud retrieves and operates in a more reliable fashion with the help of advanced GIS software.
GIS mapping has gained fair importance in the past few years and is expected to strengthen the overall cloud based GIS applications globally.
Cloud GIS use a virtualized platform, which is beneficial for a scalable, elastic environment.
The Americas: largest cloud GIS market
The Americas dominated the cloud GIS market in 2015 because of increased demand for GIS technology in the US. The region is expected to slightly increase its market share by 2020, accounting for 43.7% of the cloud GIS market.
Many US companies are heavily investing in the use of GIS technology in the utilities and natural resources industries. Most major GIS vendors are located in the US and provide major services throughout the US.
EMEA to grow at a CAGR over 11% through 2020
EMEA is the second largest region in terms of market share and also is the second fastest growing region. The cloud GIS market in EMEA was valued at USD 148 million in 2015 and is expected to reach USD 253 million by 2020, growing at a CAGR of 11%.
GIS solutions in EMEA are used by multiple organizations across various sectors, including the federal government, utilities, natural resources, communications and telecom, the military, and law enforcement.
Cloud GIS in APAC growing rapidly
APAC is currently the smallest region for the cloud GIS market but perhaps not for long. The region is growing at a CAGR of over 14% and will reach USD 240 million by 2020.
China, Japan, South Korea, and India are the major revenue contributors for the region. The government of India has started the implementation of Digital India, an initiative to improve Internet connectivity and infrastructure in order to allow people to easily avail themselves of government services.
GIS are used in APAC to compare and map the population and infrastructure of various areas. It is also used for land management as land records and ownership details are managed using GIS.
In Japan, GIS are used to detect natural disasters like earthquakes. It assesses the risk in a given location using data inputs such as population, natural resources, and geographical conditions.
It is also used in rescue and recovery operations.
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The basic aim and success of the cloud GIS market is to allow users to easily access data from the GIS database. Since this method takes less time to analyze, share, and publish data, the adoption of cloud GIS solutions will witness a rapid increase during the forecast period.
Web GIS or also called GIS web is another running trend under the cloud based GIS systems which is expected to grow more popular in the coming years.
Google maps, Google drive and some more well-known cloud computing applications are the next generation platform for apps to either track locations or manage location information.
Easy-to-access data is the Major Market Driver of this industry with efficient data retrieval as the immediate next advantage. The implementation of stringent national security measures by various governments around the world will propel the overall market during the forecast period 2016-2020.
Despite a few milestones in the market growth, the total market seems to be growing owing to the increase in number of organizations shifting to these systems. Low internet penetration in APAC is noted to be a major restraint.
Key Vendors Understanding:
CartoDB, ESRI and Hexagon are noted to be the top 3 leading competitors of the cloud GIS market. Some other prominent vendors mentioned in this report on thorough analysis and studies are:
- GIS Cloud
- Apple Maps
- Google Maps
- Bing Maps
Microsoft recently revealed that as the world turns to computing power in the cloud, it is working to put datacenters under water. Such increasing research and investments is surely bound to uplift the cloud GIS market in the coming years.
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