The GIS market generated revenue of $8,185.9 million in 2020, and it is expected to grow at a CAGR of 11.6% during the forecast period (2020–2030). The key factors responsible for the growth of the industry include the increasing investments, proliferating availability of spatial data and cloud technology, and surging need for global geographic information system (GIS) solutions in the transportation sector.

The GIS market generated revenue of $8,185.9 million in 2020, and it is expected to grow at a CAGR of 11.6% during the forecast period (2020–2030). The key factors responsible for the growth of the industry include the increasing investments, proliferating availability of spatial data and cloud technology, and surging need for global geographic information system (GIS) solutions in the transportation sector.