P&S Intelligence said that by 2030, GIS market revenue will exceed 24.607 billion U.S. dollars – QNT Press Release

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New York, January 3, 2022 /PRNewswire/ – According to market research reports released by P&S Intelligence, global GIS market value Will increase to 24.607 billion U.S. dollars From 2030 US$8.1859 billion By 2020, the compound annual growth rate from 2020 to 2030 will be 11.6%. Because this technology can visualize, analyze, and interpret geographic information to determine trends, patterns, and relationships, investment in it is increasing. For example, the United Nations (UN) plans to use geographic information systems (GIS) to provide location information to various industries.

In addition, the COVID-19 pandemic is characterized by the widespread use of this technology, which maps the spread of infection by tracking the travel history of infected persons and identifying those who have had any contact with them. Further use GIS to create a time-enabled map to track the spread of the virus over a period of time and develop an action plan.

Get a sample copy of this report: https://www.psmarketresearch.com/market-analysis/geographic-information-system-market

The main findings of the GIS market report

  • In recent years, the most important function of this technology is drawing. Due to rapid urbanization and population growth, GIS is used to create maps and achieve effective urban planning.
  • The fastest growing in GIS…

The full story can be found on Benzinga.com

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