TechNavio recognizes the following companies as the key players in the GIS Market in South America: MacDonald, Dettwiler and Associates Ltd. (MDA), Esri Inc., GE Energy, Hexagon AB, and Rolta India Ltd.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said: “Previously in GIS, data collection techniques were customized for a specific application or purpose and ignored some of the crucial information with regard to other applications or purposes. This could be time-consuming since data or information had to be collected separately for each purpose. Thus, it is imperative in this era of data as a service that useful data is collected in a reduced time period with no errors in its accuracy. Hence, the importance of multiuse data collection technologies is inevitable, and this new trend is forecast to have a great impact on the data collection methods in the GIS market in this region.”
According to the report, one of the major growth drivers in the market is the increasing demand from the public sector. Various public sectors such as the Government sector, the Defense sector, the Public Works Department, and the Natural Resources industry use GIS solutions to increase their productivity by managing the geographical information efficiently. GIS provides them with critical information in order to make quick and effective decisions.
Further, the report states that one of the major challenges in the market is the need for high initial investment. GIS technology requires high capital investment, which affects the growth of the market among conventional industries such as the Retail, Telecom, Real Estate, and Transportation and Logistics industries. This is mainly due to the fact that various complexities involved in the acquisition of real-time data increase 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 Autodesk Inc., DigitalGlobe Inc. and Bentley Systems 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-south-america-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/enterprise-computing
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TechNavio Announces the Publication of its Research Report – GIS Market in South America 2012-2016
