TechNavio today launched its report Large Geographical Information Systems Market in North America 2011-2015 based on an in-depth study focusing exclusively on North America. The report aims to aid decision makers’ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said; ”The Geographical Information Systems (GIS) market vendors in North America are providing tailor-made GIS applications to meet specific industry requirements. Companies prefer industry-specific GIS solutions that suit their requirements as this can help them remain competitive in the market. Moreover, vendors are developing application-specific GIS solutions, which are in high demand among customers as they are more cost-effective than general-purpose GIS solutions. Industries such as the Oil and Gas Exploration industry, and the Natural Resources sector, the Government sector and the Defense sector are increasingly adopting this trend to maximize their productivity. Thus, the industry-specific solutions will have a great impact on the growth of the Large GIS market in North America.”
According to the report, knowledge infrastructures are rapidly driving the growth of the Large GIS market in North America. The Utilities industries in particular seem to adopt GIS solutions to build a knowledge infrastructure. The Utilities industries such as Electricity, Gas and Water Resource Management rely heavily on the updated data on the development of the geography, customer usage trends, and connectivity on different geographies, etc.
Further, the report discusses that the high cost of GIS solutions will hinder the growth of the Large GIS market in North America to a certain extent.
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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/large-geographical-information-systems-…
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