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‘GIS market in North America to grow at a CAGR of 11 pc’

US: Technavio, a market research firm, forecasted the Large GIS market in North America to grow at a CAGR of 11 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing need for knowledge infrastructure. The Large GIS market in North America has also been witnessing the increasing need for automated content extraction techniques. However, the high cost of GIS solutions could pose a challenge to the growth of this market.

TechNavio’s report, the Large Geographical Information System Market in North America 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses only on North America; it also covers the Large GIS market in the North America landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this market space include Environmental Systems Research Institute Inc., Hexagon AB, MacDonald, Dettwiler and Associates Ltd. and the US Geological Survey. Other vendors mentioned in the report are; Bentley Systems Inc., Autodesk Inc., Digital Globe Inc. and Geo Eye Inc.

Source: Technavio