US: Analysts at TechNavio, a market research firm, have forecasted that the ‘Geographical Information System market in South America’ will grow at a CAGR of 9.2 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing adoption of GIS by various governments. The large GIS market in South America has also been witnessing the emergence of industry-specific GIS solutions. However, emerging threats from high-cost GIS solutions could pose a challenge to the growth of this market.
TechNavio”s report, ‘Geographical Information System Market in South America 2011-2015’, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on India; it also covers the GIS market 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., GE Energy, Hexagon AB, and MacDonald, Dettwiler and Associates Ltd.