TechNavio recognizes the following companies as the key players in theGIS Market in Europe: Hexagon AB; Esri Inc.; Ordnance Survey; EADS Astrium GmbH; and MacDonald, Dettwiler and Associates Ltd. (MDA).
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said: ”GIS market vendors are providing customized GIS solutions to meet specific industry requirements/applications as several end-users prefer customized GIS solutions to retain their competitiveness in the market. Customized GIS solutions are cost effective and this acts as a driving factor for its increased adoption over regular GIS solutions. The emergence of customized GIS solution also eliminates the need for high initial investment, and thus has increases its adoption. Therefore, the increasing focus on providing application-specific GIS solutions acts as a major trend in the GIS market in Europe.”
According to the report, one of the major drivers in the market is the increasing demand of GIS technology from Government sectors. Many government and military organizations are increasing investments in GIS technology to effectively increase national infrastructure and security.
Further, the report states that one of the major challenges faced in the market is the need for high initial investment. GIS technology requires high capital investment which affects the growth of this market in industries such as Retail, Telecom, Real Estate, and Transportation and Logistics as complexities involved in acquiring real-time data increases the overall cost of GIS solutions.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Bentley Systems Inc., Autodesk Inc., GE Energy, GeoEye Inc., Ubisense Group plc, and Digital Globe Inc.
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/gis-market-europe-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 Enterprise Computing market research, please visit https://www.technavio.com/enterprise-computing
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TechNavio Announces the Publication of its Research Report – GIS Market in Europe 2012-2016
