TechNavio recognizes the following companies as the key players in the Global Geographical Information Systems Market: Environmental Systems Research Institute Inc., Hexagon AB, MacDonald, Dettwiler and Associates Ltd. and Pitney Bowes Inc.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said: ”The Global GIS market vendors are providing customized GIS applications to meet specific industry requirements. Companies prefer customized 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. The high initial investment is one of the major challenges in the Global GIS market, restricting several SMEs from adopting GIS technology. However, vendors have begun to develop application-specific GIS solutions. End-users prefer stand-alone application-specific GIS solutions because they are more cost-effective than general purpose GIS solutions. ”
According to the report, one of the major growth drivers in the
market is the increasing demand from the Government sector. 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 increasing number of government regulations and guidelines. For instance, many governments have passed stringent regulations and restrictions in order to regulate the kind of information provided by customers to use for marketing activities.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are GE Energy, The US Geological Survey, Bentley Systems Inc., Autodesk Inc., Digital Globe Inc., UK Ordnance Survey, Geo Eye Inc., AvisMap GIS Technologies, Hitachi Zosen Corp., China Information Technology, Beijing SuperMap Software Co. Ltd., PASCO Corp.,Ubisense Group plc and Astrium (EADS Co.)
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-geographical-information-systems…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/enterprise-computing
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TechNavio Announces the Publication of its Research Report “ Global Geographical Information Systems Market 2012-2016
