TechNavio recognizes the following companies as the key players in the Global GIS Market in Transportation Industry: Esri, Hexagon AB, and MacDonald, Dettwiler and Associates Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “The shift toward LIDAR technology is a major trend affecting the Global GIS market in the Transportation industry. LIDAR technology uses laser light to sample the surface of the earth. It is used in airborne laser mapping applications. LIDAR technology has many advantages compared to the old photogrammetry technology. Photogrammetry technology is more expensive than LIDAR technology. Moreover, the output of LIDAR technology is more accurate than the photogrammetry method. Hence, it is used for transportation corridor mapping, which requires high spatial resolution and extremely high accuracy. As a result of these advantages, the surveying technologies used for GIS are being shifted from photogrammetry technology toward LIDAR technology.”
According to the report, one of the major drivers in the market is the increased need for road and rail construction. As a result of urbanization and the increase in the population, traffic is increasing across the globe, especially in developing countries. There is increased need for GIS in transportation to improve the efficiency of constructing railways and roads.
Further, the report states that one of the major challenges in the market is the threat of the invasion of privacy. For instance, many governments have passed stringent regulations regarding the data provided in the GIS so that it cannot be used for any illegal activities.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are DigitalGlobe Inc., Overwatch Systems Ltd., PASCO Corp., Pitney Bowes Inc., and Google Maps.
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-transportation-indust…
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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TechNavio Announces the Publication of its Research Report -Global GIS Market in Transportation Industry 2012-2016
