At 9.7% CAGR, the Asia Pacific Geographic Information System Market is Projected to be Worth US$ 5,491.21 Million by 2031, Says Business Market Insights

According to Business Market Insights' research, the Asia Pacific geographic information system market was valued at US$ 2,614.08 in 2023 and is expected to reach US$ 5,491.21 million by 2031, registering a CAGR of 9.7% from 2023 to 2031. Rising adoption of GIS solutions in agriculture sector and launch of AI, Gen AI, and augmented reality-based GIS solutions are among the critical factors attributed to the Asia Pacific geographic information system market expansion.

Farmers use GIS solutions to map agriculture field data and analyze, organize, and monitor crops remotely. GPS and GIS integration systems help collect real-time data such as crops yield, water requirement in the crops in the agriculture field. Farmers also use GIS solutions to boost resource utilization and analyze crop varieties, field boundaries, elevation levels, irrigation systems, etc.

Several major players in the market are developing advanced technology-based GIS solutions for the agriculture sector. For instance, in July 2024, Ecopia AI launched new agricultural land use data, which uses vector data to extract a new level of the 3D Nationwide Land dataset. These planimetric vector data layers enable government agencies to perform in-depth geospatial analytics related to land development, water usage, runoff calculations, tax assessment, and other detailed analysis workflows. In 2022, the company launched a 3D Nationwide Land Cover that provides 14 high-precision 2D data layers for mapping buildings, trees, agricultural land, and bridges. In March 2024, Agribazaar launched an AI-based GIS Command Centre for farmers based in Uttar Pradesh, India. The project was launched to digitally visualize the agricultural data for 57,000 Gram Panchayats across 75 districts of Uttar Pradesh.

In May 2024, CHC Navigation, a provider of GNSS technology solutions, launched MapCloud, which is one of the advanced GIS solutions for data capture and mapping applications for Android devices. This MapCloud delivers powerful field data collection tools for engineers, surveyors, farmers, and GIS professionals across various industries.

Thus, the increasing adoption of GIS solutions in the agriculture sector is expected to offer lucrative opportunities for the geographic information system market growth during the forecast period.

On the contrary, high cost associated with GIS solutions hampers the growth of Asia Pacific geographic information system market.

Based on component, the Asia Pacific geographic information system market is segmented into hardware, software, and services. The software segment held 55.4% share of the Asia Pacific geographic information system market in 2023, amassing US$ 1,447.85 million. It is projected to garner US$ 3,274.90 million by 2031 to expand at 10.7% CAGR during 2023–2031. The hardware segment is further sub segmented into GIS collectors, imaging sensors, LIDAR, total stations, and GNSS or GPS antennas. The software segment is further sub segmented into desktop GIS, server GIS, developer GIS, mobile GIS, and remote sensing software.

Based on function, the Asia Pacific geographic information system market is segmented into mapping, surveying, telematics and navigation, and location-based services. The mapping segment held 40.7% share of the Asia Pacific geographic information system market in 2023, amassing US$ 1,064.23 million. It is projected to garner US$ 2,029.71 million by 2031 to expand at 8.4% CAGR during 2023–2031.

Based on end user, the Asia Pacific geographic information system market is segmented into agriculture, oil and gas, construction, mining, transportation, energy and power, and others. The transportation segment held 24.6% share of the Asia Pacific geographic information system market in 2023, amassing US$ 642.68 million. It is projected to garner US$ 1,529.42 million by 2031 to expand at 11.4% CAGR during 2023–2031.

Based on country, the Asia Pacific geographic information system market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. China held 33.5% share of Asia Pacific geographic information system market in 2023, amassing US$ 875.98 million. It is projected to garner US$ 2,133.02 million by 2031 to expand at 11.8% CAGR during 2023–2031.

Key players operating in the geographic information system market are Autodesk Inc; Topcon Corp; Caliper Corp; SuperMap Software Co Ltd; Hi-Target; Precisely; Maxar Technologies Inc; Trimble Inc; AmigoCloud Inc; Bentley Systems Inc; Hexagon AB; Cadcorp Limited; Spatialworks Sdn Bhd.; Environmental Systems Research Institute, Inc.; Blue Marble Geographics; TomTom International B.V.; FARO Technologies Inc; L3Harris Technologies Inc; Başarsoft Bilgi Teknolojileri A.Ş.; and Carto, among others.

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