Wednesday 11 March 2015, Amsterdam
The new report recognizes the following companies as the key players in the Geographic Information System Market in the APAC Region: AutoNavi Holdings Ltd., HERE, Hexagon AB and Navinfo Co. Ltd.
Other Prominent Vendors in the market are: Autodesk, Beijing Supermap, Bentley System, Bing Maps, China Information Technology, DigitalGlobe, ESRI, GE, Google Map, MDA, Rolta and Trimble.
Commenting on the report, an analyst from the report's team said: “One of the major trends in the market is the use of GIS to assist economic growth. Countries such as Indonesia are seeking ways to use GIS to facilitate poverty reduction. Moreover, the governments are increasingly investing in GIS technology to increase agricultural production and manufacturing output.”
According to the report, an increased use of digital maps for land resources is one of the major factors driving the market. Many agencies provide online GIS platforms that provide information for land resources planning, which includes potential agricultural development and strategic prioritization of commodities in line with national food security programs and climate change adaptations.
Further, the report states that one of the major challenges that the market faces is the difficulty in managing GIS data. A high initial investment is required to create a centralized database to contain large volumes of GIS data and lack of trained human resources makes the management of the storage of such large volumes of data difficult.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.