2014-02-14 22:03:01 - GIS Market in the APAC Region 2012-2016 - a new market research report on companiesandmarkets.com
The Asia-Pacific GIS market is to grow at a CAGR of 7.97 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand from the Government sector. The GIS market in the APAC Region has also been witnessing the development of next-generation systems. However, high initial investment could pose a challenge to the growth of this market.
Many GIS vendors are developing next-generation GIS solutions so that they are compatible with technologically-advanced systems in companies. Moreover, vendors are developing integrated GIS solutions to avoid interoperability issues. These next-generation GIS solutions can be integrated with various design, analysis, and simulation software. For instance, manufacturing companies integrate GIS solutions with simulation and analysis applications in
the product development cycle.
The increasing demand from the Government sector is one of the major drivers in the GIS market in the APAC region. Many government and military organizations are increasing their investment in GIS technology for the effective enhancement of their national infrastructure and security.
One of the major challenges in the market is the high initial investment. Many SMEs and cost-driven companies are unable to adopt GIS technology because of the high initial investment.
The key vendors dominating this market space include Esri Inc., Hexagon AB, MacDonald, Dettwiler and Associates Ltd., and Rolta India Ltd. The other vendors mentioned in the report are Astrium (EADS Co.), Autodesk Inc., AvisMap GIS Technologies, Beijing SuperMap Software Co. Ltd., Bentley Systems Inc., Caliper Corp., China Information Technology, Computer Aided Development Corp. Ltd. , Digital Globe Inc., ERDAS Inc., GE Energy, Geosoft Inc., GoogleMap, Hitachi Zosen Corp., Overwatch Systems, Ltd., PASCO Corp., Pitney Bowes Inc., ScanPoint Geomatics Ltd., SuperMap Inc., SuperMap Software Co. Ltd., The US Geological Survey, Ubisense Group plc, UK Ordnance Survey, and WTH Technology Inc.
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