(Telecom-NewsWire.Net, February 13, 2018 ) Geographic Information System is a type of computer system that is used to capture, store, check and display data related to positions on earth surface. Increasing demand for 3D based GIS, owing to the development of smart cities in various countries, is driving the growth of Geographic Information System in the market.
Growing need of GIS for different applications such as construction, real estate, predicting natural disasters will drive the market in the coming years whereas high investment in implementation of GIS and lack of awareness of GIS based application can act as restraining factors in the market. Rising government investments in the market and technological advancements in image capturing and scanning will bring new opportunities in the market.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key geographic information systems market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Hexagon AB, Autodesk Inc., Bentley Systems Inc., Environmental Systems Research Institute (ESRI), FARO Technologies Inc., Topcon Positioning Systems Inc., Trimble Inc., Pitney Bowes Inc., MacDonald, Detwiller and Associates Ltd (MDA), and Supermap Software Co. Ltd.
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