According to ARC’s research the Geospatial Information Software (GIS) market is experiencing significant growth due to several key trends. A major trend is the convergence of GIS with Building Information Modeling (BIM) and Engineering Design Software (EDS). This convergence is enabling better utilization of visualization and advanced analytics tools, including digital twins, to address the complexities faced by asset owners and operators. The strategic value of this ARC market analysis research stems from the key roles played by visualization and design tools within smart cities, utility, and telecommunications service providers, and transportation and transit, and other public works use cases, which help ensure success in new construction projects, optimization of ongoing operations and maintenance activities, and cross-industry and multi-stakeholder successes.
"Investment in critical infrastructure is growing due to urbanization. Smart infrastructure is crucial for industrial data management, essential for asset-intensive industries and B2B supply chains to address energy transition and sustainability challenges. AI-driven tools improve asset visualization and contribute to GIS market growth. Enhanced GIS tools support better responsiveness, planning, and preparedness amid increasing infrastructure reliability challenges, including severe weather events,” according to Peter Manos, Director of Research and key author of ARC's GIS Software for Smart Cities and Grids Market Research.
GIS Software for Smart Cities and Grids Market Trends
In addition to providing detailed competitive market share data, the research also addresses key market trends as follows:
- Enabling cost-effective sustainability
- Addressing greater complexity
- Creating new insights
- Capturing more real-time data
- Removal of silos
- Simplifying multi-stakeholder projects
- Cross-sector market drivers
Leading Suppliers to the GIS Software for Smart Cities and Grids Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Autodesk, Bentley Systems, Esri, Inc., Hexagon, Trimble.
About the GIS Software for Smart Cities and Grids Research
The GIS Software for Smart Cities and Grids research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and two years of historical analysis. The research segmentation includes World Region, Revenue Type, Application, Deployment, Project Size, Project Type, Industry, Customer Type, and Sales Channel.
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