Monday, 22 September 2014

GIS Market in the EMEA Region 2014-2018

A GIS is a system or a set of tools used to interpret business and geospatial data. It integrates hardware, software, and data for processing business and geographically referenced data. This system digitizes the received geospatial data and processes them to provide the desired output. GIS is used across sectors such as Natural Resources, Utilities, Federal Government, Communication and Telecom, Military/Law Enforcement, and Others. GIS are used for various purposes such as disaster management, finding location details, viewing maps, marketing, designing facilities, and others.
Analysts forecast the GIS market in the EMEA region to grow at a CAGR of 9.27 percent over the period 2013-2018..
The report recognizes the following companies as the key players in the Geographic Information System (GIS) Market in the EMEA Region: Esri Inc., Hexagon AB, HERE and Ordnance Survey.
Other Prominent Vendors in the market are: Autodesk, Bentley Systems, Bing Maps, Digital Globe, GE Energy Smallworld, Google Map and Tele Atlas.
One of the major trends in the market is the increased adoption of GIS applications for mobile computing. Major vendors are developing mobile-based GIS application portfolios, which give end-users freedom to access GIS information from any location, at any given time.
Covered in this Report
The report covers the present scenario and the growth prospects of the GIS market in the EMEA region for the period 2014-2018. The market can be segmented into three: Software, Data, and Services.
GIS Market in the EMEA Region 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Central Europe, France, the Middle East, the UK, and Others; it also covers the landscape of the GIS market in the EMEA region and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers in the market is the increased demand for GIS technology from the Government sector. Many government and military organizations have increased their investments in GIS technology to effectively increase their national infrastructure and security.
Further, the report states that one of the major challenges faced by this 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 the complexities involved in receiving real-time data increases the overall cost of GIS solutions.
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