The Geographic Information Systems (GIS) service market in India is progressing at a strong pace owing to the advancements in technology, government support, and applications of GIS in different fields. According to the estimates, the Indian GIS market is expected to grow at CAGR of over 10 percent in the next five years. The primary growth factor that has been observed in this sector is due to the Indian government’s emphasis on digitalization and smart city initiatives. Current government schemes such as Smart Cities Mission and Digital India are incorporating GIS in the planning and development of cities and delivery of services. It is also being used in disaster management, environmental monitoring and in the development of the agricultural sector.
GIS services are growing in demand in the private sector with fields of application including real estate, utilities, transportation and logistics. Businesses are now using GIS for route optimization, site selection and management of their assets. This growth of spatial data analysis is useful in decision making hence improving operations and business strategies. Other factors that are influencing the GIS market growth include the availability of remote sensing technologies, drones for surveying, and artificial intelligence. These are enhancing the precision and usability of spatial data hence making GIS solutions more appealing to a variety of users. Further, the emergence of new GIS startups and the introduction of international GIS companies in the Indian market are promoting the competition, which in turn is improving the GIS services.
In this special issue, we introduce you to the top companies in this segment. Industry Outlook has identified the select few companies that have done particularly well in this sector with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.
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