Japan Geographic Information System Market Size, Share, and COVID-19 Impact Analysis, By Component (Hardware, Software, and Services), By Function (Mapping, Surveying, Telematics and Navigation, and Location-Based Services), and Japan Geographic Information System Market Insights, Industry Trend, Forecasts to 2033
Industry: Information & TechnologyJapan Geographic Information System Market Insights Forecasts to 2033
- The Japan Geographic Information System Market Size was valued at USD 345.12 Million in 2023
- The Market is Growing at a CAGR of 8.57% from 2023 to 2033
- The Japan Geographic Information System Market Size is Expected to Reach USD 785.19 Million by 2033
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The Japan Geographic Information System Market is Anticipated to Reach USD 785.19 Million by 2033, growing at a CAGR of 8.57% from 2023 to 2033.
Market Overview
The industry dedicated to the creation, application, and usage of GIS technology in Japan is known as the Japan geographic information system (GIS) Market. The development of remote sensing and satellite imaging technologies is another important factor propelling the GIS market's expansion in Japan. The country's geospatial data has become much more accurate and high-quality due to better satellite capabilities, which has increased the dependability and efficiency of GIS applications. High-resolution satellite imaging has opened up new possibilities in a number of Japanese industries, such as agriculture, urban planning, and disaster relief. The market potential is further increased by the fact that GIS is becoming more affordable for small and medium-sized businesses in Japan due to the declining costs of satellite data collection and the increasing use of drone technology.
Report Coverage
This research report categorizes the market for the Japan geographic information system market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan geographic information system market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan geographic information system market.
Japan Geographic Information System Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023 : | USD 345.12 Million |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 8.57% |
2033 Value Projection: | USD 785.19 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Function, By Component |
Companies covered:: | Georepublic Japan, Locarise, Pinmicro Inc., Synspective, Hitachi Ltd., NEC Corporation, Fujitsu Limited, Others, |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
The growing need for location-based services is a significant key element driving the GIS market expansion in Japan. The use of GIS applications is growing in popularity in Japan as companies in a variety of industries realize how crucial spatial data analytics are to making strategic decisions. The country's need for GIS solutions has been further spurred by the growth of IoT devices as well as the improved capabilities of AI and machine learning. Large amounts of spatial data can be processed and analyzed thanks to these technologies, which yield insightful information that Japanese companies may use to gain a competitive edge. The expansion of the GIS market in Japan is also greatly aided by government programs encouraging the use of digital infrastructure and smart city efforts.
Restraining Factors
One of the biggest obstacles is the high cost of maintaining and implementing GIS, which can be unaffordable for small and medium-sized businesses, especially in developing nations. Even if cloud-based solutions are more affordable, businesses may still have financial limitations and a lack of experience to effectively utilize GIS technology.
Market Segmentation
The Japan geographic information system market share is classified into component and function.
- The component segment is expected to hold a significant market share through the forecast period.
The Japan geographic information system market is segmented by component into hardware, software, and services. Among these, the hardware segment is expected to hold a significant market share through the forecast period. The hardware component includes tools that are necessary for gathering and processing geographic data, such as GPS units, image sensors, and GIS collectors. The hardware market is expanding significantly as a result of improvements in sensor technology and rising device affordability.
- The mapping segment is expected to hold a significant market share through the forecast period.
The Japan geographic information system market is segmented by function into mapping, surveying, telematics and navigation, and location-based services. Among these, the mapping segment is expected to hold a significant market share through the forecast period. One of the primary purposes of GIS is mapping, which offers intricate spatial representations of geographic regions that are essential for research and planning. In industries like urban planning, environmental management, and agriculture, where precise spatial data is essential for well-informed decision-making, there is an increasing need for high-precision mapping applications.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Japan geographic information system market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Georepublic Japan
- Locarise
- Pinmicro Inc.
- Synspective
- Hitachi Ltd.
- NEC Corporation
- Fujitsu Limited
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan Geographic Information System Market based on the below-mentioned segments:
Japan Geographic Information System Market, By Component
- Hardware
- Software
- Services
Japan Geographic Information System Market, By Function
- Mapping
- Surveying
- Telematics and Navigation
- Location-Based Services
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