TechNavio recognizes the following companies as the key players in the Global GIS Market in the Natural Resource Industry: Hexagon AB, MacDonald, Dettwiler and Associates Ltd. (MDA), and The Environmental Systems Research Institute (ESRI) Inc.
Commenting on the report, an analyst from TechNavio’s team said: “The Global GIS market in the Natural Resource industry is witnessing the adoption of mobile-based GIS applications by many end-users. Organizations across the Natural Resource industry can access GIS-related details through mobile devices at any point of time. Several vendors have begun to provide GIS solutions and applications to various mobile computing devices and smartphones for commercial enterprises. For instance, Esri Inc. is the key leading vendor in the Global GIS market, and it offers Android applications for its end-users. The citizens of the US can use smartphones to visualize the government spending and its impact on various projects. The US government has tie-ups with Esri for providing detailed information to the citizens on smartphones via various applications on iPhone and iPads.”
According to the report, the industry is witnessing many growth drivers such as the increasing demand from the process industries. The GIS market in the Natural Resource industry receives major revenue from various process industries such as Oil and Gas, Petrochemicals, and Mining; these industries are some of the key leading natural resource industries.
Further, the report states that a major challenge in the market is the easy availability of open-source GIS Software. Several organizations across the Natural Resource industry prefer open-source GIS software due to its easy availability and cost benefit.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are GE Energy, Autodesk Inc., Bentley Systems Inc., Geo Eye Inc., the US Geological Survey, UK Ordnance Survey, Pitney Bowes Software Inc., and Digital Globe.
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/content/global-gis-market-natural-resource-indu…
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/it-hardware-software-services
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