The geographic information system is a powerful technology that is empowering millions of decisions, ranging from predicting climate change, reporting power outages, analyzing crime patterns to locating new store locations. A geographic information system captures, stores, analyzes, and manages geographical data and assists in recognizing and comprehending spatial relationship and trends from such geographically referenced data. Due to the widespread application of GIS in different fields, many vendors have emerged in the market providing state-of-the-art GIS software applications. The recent report from SpendEdge reports a lucrative market growth rate for this market, which is anticipated to grow at a CAGR of over 10% for the forecast period of 2017-2021.
Here are the top supplier providing the best GIS software in the market:
Esri is a leading international supplier of geographical information system software based in Redlands, California. Esri is a market leader in the GIS market, claiming more than 40% of market share worldwide. Elite companies such as Starbucks, Wendy’s, Jones Lang LaSalle, and MacKenzie Commercial Real Estate Services are amongst the client-base of Esri. In the year 2016, Esri generated revenues of about $1.1 billion.
Hexagon AB is a Swedish company focused on precision measuring technology. They deal in products and software including hand tools, coordinate measuring devices, GPS systems, level meters, laser meters, and various sensors. Industries such as construction, engineering, automotive, aerospace, and medical industries use geographical information systems from Hexagon AB.
Maxar Technologies is a Canadian satellite technology company specializing in manufacturing communication, radar, earth observation, and satellite products, on-orbit servicing satellites, and related services. With over 47 years of industry experience, they serve clients like US National Oceanic and Atmospheric Administration, Sierra Nevada Corporation, Defence Research and Development Canada, Hughes Network Systems LLC.
Bentley Systems Incorporated
Unlike others in this list, Bentley Systems Incorporated is primarily a software development company that provides software and design services for the construction and operation of infrastructure. Their software products are used in design and construction of buildings, industrial plants, roadways, railways, bridges, power plants, and utility networks. Apart from this, the company also offers solution implementation, change management, onboarding, consulting, and on-premise managed services.
Autodesk Inc. is an American company that makes software for the manufacturing, architecture, engineering, construction, media, and entertainment industries. Autodesk is best known for its flagship software AutoCAD, which has a user base of over 9 million. Autodesk engineers GIS applications such as AutoCAD Architecture, AutoCAD MEP, and AutoCAD Civil 3D that help engineers and construction companies.
Read more about the top vendors in GIS market along with competitive analysis, procurement best practices, developments in GIS technology, pricing strategy, sourcing strategy, procurement insights in SpendEdge’s upcoming report on the global geographic information system market.