TechNavio recognizes the following companies as the key players in the GIS Market in the MEA Region: Hexagon AB, Esri Inc., and MacDonald, Dettwiler, and Associates Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “Many GIS vendors are developing next-generation GIS solutions so that they are compatible with technologically-advanced systems in companies. Moreover, vendors are developing integrated GIS solutions to avoid interoperability issues. These next-generation GIS solutions can be integrated with various design, analysis, and simulation software. For instance, manufacturing companies integrate GIS solutions with simulation and analysis applications in the product development cycle.”
According to the report, the increasing demand from the Government sector is one of the major drivers in the GIS market in the MEA region. Many government and military organizations are increasing their investment in GIS technology for the effective enhancement of their national infrastructure and security.
Further, the report states that one of the major challenges in the market is the high initial investment. Many SMEs and cost-driven companies are unable to adopt GIS technology because of the high initial investment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/gis-market-mea-region-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report -GIS Market in the MEA Region 2012-2016
