Malaysia GIS Market Size By Deployment (On-premises and Cloud), By End-Use Industry (Government, Utilities), By Geography Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Malaysia GIS Market Size By Deployment (On-premises and Cloud), By End-Use Industry (Government, Utilities), By Geography Scope And Forecast
Malaysia GIS Market Size And Forecast
Malaysia GIS Market size is valued at USD 929.32 Million in the year 2022 and it is expected to reach USD 2,312.46 Million in 2030 at a CAGR of 12.21% over the forecast period of 2023 to 2030.
The demand for location-based technologies is on the rise across various sectors in Malaysia. The Malaysia GIS Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Malaysia GIS Market Definition
A Geographic Information System (GIS) is a robust technology that enables the capture, storage, analysis, visualization, and management of geospatial data. Essentially, GIS merges cartography, data science, and database management to represent real-world features, phenomena, and relationships in a digital environment. By combining various geographical data types like satellite imagery, topographic maps, census information, and GPS data, GIS empowers users to comprehend spatial patterns, make well-informed decisions, and tackle complex problems across numerous disciplines.
The central principle of GIS revolves around layers, where each layer corresponds to specific data or information, such as roads, rivers, land use, population density, or vegetation. By overlaying these layers, GIS users can analyze relationships and interactions between different elements, uncovering concealed patterns and trends that may not be apparent from individual datasets alone. This process of spatial analysis empowers professionals in diverse fields, including urban planning, environmental management, agriculture, transportation, epidemiology, and emergency response.
GIS tools offer a user-friendly interface for creating, editing, and analyzing geographic data. They also provide various spatial analysis techniques, such as buffering, interpolation, and network analysis, which aid in modeling and simulating real-world scenarios. Furthermore, GIS enables the creation of interactive maps and 3D visualizations, enhancing communication and comprehension of intricate spatial information. One of the primary strengths of GIS lies in its ability to integrate with other technologies and systems.
For instance, it can be linked with positioning systems (GPS) to collect real-time data in the field, or integrated with remote sensing technologies to monitor changes in the Earth’s surface over time. As the world continues to generate vast amounts of geospatial data, GIS plays an increasingly crucial role in organizing, analyzing, and utilizing this information for informed decision-making and sustainable development.
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Malaysia GIS Market Overview
The demand for location-based technologies is on the rise across various sectors in Malaysia. The country’s abundant natural resources, expanding urban areas, and diverse industries offer numerous opportunities for the application of GIS (Geographical Information System). In the government sector, GIS plays a crucial role in tasks such as urban planning, environmental monitoring, disaster management, and land administration. In the private sector, industries like telecommunications, transportation, and logistics have also recognized the benefits of GIS in optimizing operations, improving decision-making processes, and enhancing customer experiences.
Malaysia’s GIS market has witnessed significant progress, particularly with the introduction of cloud-based GIS solutions. This has enabled organizations to efficiently access and analyze geospatial data. Moreover, GIS has been integrated with emerging technologies such as artificial intelligence and the Internet of Things, further expanding its capabilities and potential applications. The emphasis on smart city initiatives and digital transformation throughout the nation is expected to drive the accelerated adoption of GIS in the upcoming years. However, certain challenges persist, including concerns about data quality, interoperability, and the availability of skilled GIS professionals.
To tackle these issues, both the Malaysian government and the private sector have been actively promoting GIS education and training programs. As Malaysia continues to invest in digital infrastructure and innovation, the GIS market in the country is poised for continued growth. This presents a promising landscape for both local and international GIS providers to contribute to the nation’s development and sustainability goals. The use of GIS solutions in business applications is increasing demand for the technology in developing nations.
The introduction of LIDAR (light detection and ranging) technology, the expansion of the availability of geographical data, and cloud computing are other factors that have contributed to the growth of the worldwide GIS industry. Growing business demand for location-based analytics to enhance decision-making and operational effectiveness is what drives the GIS industry. Real-time location data production for the purpose of providing clients with highly relevant and location-specific services has been made possible by the integration of IoT platforms into corporate processes. One of the major drivers of the GIS industry’s expansion is the government’s initiative to build GIS-based infrastructure.
Malaysia GIS Market Segmentation Analysis
The Malaysia GIS Market is Segmented on the basis of Deployment, End-Use Industry, And Geography.
Malaysia GIS Market, By Deployment
On-premises
Cloud
Based on Deployment, the market is segmented into On-premises and Cloud. The market for Cloud GIS services is expanding rapidly because these services make it feasible to achieve the goals of reducing organizational complexity and reintegrating operations in a streamlined environment. Services offered by an independent contractor through consultations are referred to as consulting services. Strategy/Change Management, GIS Technology Office, and other consulting services for GIS are available.
Business data may be located, extracted, and analyzed using GIS software. GIS services assist a company in discovering and using their location-aware data in innovative ways. A visual perspective of any organization’s data is provided by the consulting services for Cloud GIS, which can aid in improved decision-making. Establishing business growth plans is the goal of these consulting services.
Malaysia GIS Market, By End-Use Industry
Government
Utilities
Construction
Telecommunications
Agriculture
Mining
Others
Based on End-Use Industry, the market is segmented into Government, Utilities, Construction, Telecommunications, Agriculture, Mining, and Others. Agriculture accounted for the largest market share in the Malaysia GIS Market. The need for increased efficiency, sustainability, and informed decision-making is the main driver for the GIS (Geographic Information System) in Malaysia’s agriculture business. Farmers and decision-makers can collect and analyze geographic data using GIS technology, which offers useful information about crop health, soil conditions, and weather patterns.
This makes it possible to use precision agriculture techniques that decrease resource waste and boost yields, like focused irrigation and fertilization. GIS also supports planning for land usage and aids in reducing environmental impacts, guaranteeing sustainable farming practices. The potential of GIS to track crop growth and pest infestations is further increased by its integration with other technologies like remote sensing and IoT devices.
Malaysia GIS Market, By Geography
North America
Europe
Asia Pacific
Rest of The World
On the basis of Geography, the Malaysia GIS Market is classified into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
Key Players
The “Malaysia GIS Market” study report will provide valuable insight with an emphasis on the Malaysia market including some of the major players of the industry are Esri Malaysia, Hexagon Geospatial Malaysia, Geospatial Information Technology (M) Sdn Bhd, MapIT MSC Sdn Bhd, Agensi Inovasi Malaysia, GeoInnovation Sdn Bhd, Info-Base Technologies Sdn Bhd, JUPEM, Quantum Inventions (Malaysia) Sdn Bhd, TERAJU, Geomatics and Land Surveying Division, Public Works Department, MIMOS, Aerial Camera, Services Sdn Bhd, Inari Technology Sdn Bhd, GISTEC Sdn Bhd, and others.
Our market analysis offers detailed information on major players wherein our analysts provide insight into the financial statements of all the major players, product portfolio, product benchmarking, and SWOT analysis. The competitive landscape section also includes market share analysis, key development strategies, recent developments, and market ranking analysis of the above-mentioned players in Malaysia.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2019-2030
BASE YEAR
2022
FORECAST PERIOD
2023-2030
HISTORICAL PERIOD
2019-2021
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
Esri Malaysia, Hexagon Geospatial Malaysia, Geospatial Information Technology (M) Sdn Bhd, MapIT MSC Sdn Bhd, Agensi Inovasi Malaysia, GeoInnovation Sdn Bhd, Info-Base Technologies Sdn Bhd
SEGMENTS COVERED
By Deployment
By End-Use Industry
By Geography
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