
Asia Pacific Geographic Information System Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis.
No. of Pages: 138 | Report Code: BMIRE00031991 | Category: Technology, Media and Telecommunications
No. of Pages: 138 | Report Code: BMIRE00031991 | Category: Technology, Media and Telecommunications
The Asia Pacific geographic information system market size is expected to reach US$ 5,491.21 million by 2031 from US$ 2,614.08 million in 2023. The market is estimated to record a CAGR of 9.7% from 2023 to 2031.
Asia Pacific has a strong automotive sector, supported by the growing automotive manufacturing industry in countries such as India, China, and South Korea. As the world's largest and most populous region, it encompasses a diverse landscape of automotive manufacturers. In the automotive sector, the connected vehicle industry is gaining significant traction and reshaping the way people interact with their vehicles and the transportation ecosystem. Leading automakers across the region, including Toyota, Hyundai, and BYD, are investing heavily in integrating advanced connectivity features into their vehicles. For instance, Toyota Corporation invested US$ 600 million in China's mobility technology company, DiDi Global. These companies are installing telematics solutions to track the vehicle's location and improve fuel efficiency. BYD and Toyota Corporations are offering fully connected vehicles for their premium vehicle models. These vehicles consist of several features, including infotainment systems, GPS tracking systems, and other GIS components.
China and India are actively promoting electric mobility, providing incentives for electric vehicle adoption, and supporting the development of charging infrastructure. The robust digital infrastructure in Asia Pacific, including the deployment of 5G networks, allows high-speed, low-latency connectivity. Such features enable vehicles to access real-time data, receive over-the-air updates, and communicate seamlessly with other vehicles and infrastructure.
India, China, South Korea, and Japan are among the leading vehicle manufacturing countries worldwide. In APAC, China is the largest market due to the presence of a well-established automotive sector. The rise in automotive sales propels the demand for geographic information systems. Also, the increasing adoption of advanced technologies and growing demand for unpowered trailers and caravans are a few factors contributing to the geographic information system market growth in the region.
Asia Pacific Geographic Information System Market Strategic Insights
Asia Pacific Geographic Information System Market Segmentation Analysis
Key segments that contributed to the derivation of the Asia Pacific geographic information system market analysis are component, function, and end user.
Several key players are developing and launching AI, Gen AI, and augmented reality technology-based GIS solutions for spatial data visualization and analysis. For instance, in January 2024, Deloitte launched the Geospatial with AI-integrated Platform for Scenario Planning and Monitoring, powered by Google Earth integrations, Google Earth Engine, and Generative AI technology from Vertex AI. Deloitte's platform helps clients leverage AI and geospatial data to mitigate the impacts of climate change.
In 2023, leading IT companies are integrating Gen AI into their business to boost their productivity and optimize overall efficiency. Gen AI-based GIS offers several benefits, such as location-based intelligence, generating a map of the company's assets, identifying the most promising real estate opportunities, and locating areas of target demographics. Therefore, the launch of AI, Gen AI, and augmented reality-based GIS solutions is expected to bring new trends in the market in the coming years.
Based on country, the Asia Pacific geographic information system market comprises China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. China held the largest share in 2023.
China is one of the largest automotive manufacturing countries worldwide. The country houses major automotive manufacturers, such as SAIC Motor, Dongfeng Motor Corporation, FAW, and Changan. Several major luxury car manufacturers, including Mercedes-Benz, Audi, and BMW, are established in the country. These luxury vehicles consist of advanced geographic information system software and hardware solutions to provide better connectivity. According to China.org.cn, the country's automotive market is entering a new phase of its development, the "2.0 era," and is set to create growth opportunities for auto manufacturers in the near future.
BYD, NIO, and other automakers in China are making significant developments in the connected vehicle industry. The country's emphasis on urbanization and smart city initiatives has accelerated the adoption of connected vehicles that facilitate vehicle-to-infrastructure (V2I) communication, reducing traffic congestion and enhancing road safety. Moreover, China's robust 5G network infrastructure has paved the way for enhanced vehicle connectivity, enabling features such as over-the-air updates and real-time navigation. Thus, the presence of a massive domestic market for electric and connected vehicles and the rising adoption of these vehicles are expected to support the geographic information system market growth in China in the coming years.
The construction and infrastructure industry in China has witnessed transformative developments driven by rapid economic growth. China is one of the largest construction markets worldwide. The Government of China included an expenditure of US$ 4 trillion (CNY 28.6 trillion) in the 2024 Budget, which is an increase of ~3.8% compared with the 2023 Budget. In March 2024, the government announced its target to fund US$ 173 billion (CNY 1.2 trillion) in transport infrastructure projects by the end of 2024. In February 2024, the Shanghai government announced its target to initiate 24 projects with an investment of US$ 5.8 billion (CNY 42.1 billion) in 2024.Such, growing infrastructure development in China have created massive demand for the geographic information system market during the forecast period.
Asia Pacific Geographic Information System Market Report Highlights
Report Attribute
Details
Market size in 2023
US$ 2,614.08 Million
Market Size by 2031
US$ 5,491.21 Million
Global CAGR (2023 - 2031)
9.7%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Component
By Function
By End User
Regions and Countries Covered
Asia Pacific
Market leaders and key company profiles
Asia Pacific Geographic Information System Market Company Profiles
Some of the key players operating in the market 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. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.
The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:
The Asia Pacific Geographic Information System Market is valued at US$ 2,614.08 Million in 2023, it is projected to reach US$ 5,491.21 Million by 2031.
As per our report Asia Pacific Geographic Information System Market, the market size is valued at US$ 2,614.08 Million in 2023, projecting it to reach US$ 5,491.21 Million by 2031. This translates to a CAGR of approximately 9.7% during the forecast period.
The Asia Pacific Geographic Information System Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Geographic Information System Market report:
The Asia Pacific Geographic Information System Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Geographic Information System Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Geographic Information System Market value chain can benefit from the information contained in a comprehensive market report.