• SELECT SITE CURRENCY
Select a currency for use throughout the site
Geographic Information System Market in the Utility Sector 2010-2015
Infiniti Research Limited, September 2011, Pages: 33
Technavio’s analysts forecast the Geographic Information System (GIS) market in the Utility sector to grow at a CAGR of 16 percent over the period 2010–2015. One of the key factors contributing to this market growth is the growing demand for GIS tools to identify location-specific needs. The GIS market in the Utility sector has also been witnessing an increasing preference for GIS-based solutions among service providers in developing countries. However, the challenge due to the delayed introduction of GIS technologies into existing traditional processes could pose as an obstacle to the growth of this market.
Key vendors dominating this market space include GE Energy, Hexagon, Bentley, Autodesk, and ESRI.
Technavio’s Geographic Information System Market in the Utility Sector 2010–2015 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas as well as the EMEA and APAC regions. The report only covers the market for hardware, software, and services that help organizations in the Utility sector to improve their capabilities by capitalizing on the GIS functionality.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
01. Executive Summary
03. Market Coverage
04. Market Landscape
05. Vendor Landscape
06. Buying Criteria
07. Market Growth Drivers
08. Drivers and their Impact
09. Market Challenges
10. Market Trends
11. Key Vendor Analysis
11.1 GE Energy
11.2 Hexagon AB
11.3 Bentley Systems Inc.
11.4 Autodesk Inc.
11.5 Environmental Systems Research Institute Inc.
12. Other Reports in this Series
List of Exhibits
Exhibit 1: Geographic Information System Market in the Utility Sector 2010–2015 (US$ million)
Exhibit 2: Geographic Information System Market in the Utility Sector by Geographical Segmentation 2010
Exhibit 3: Geographic Information System Market in the Utility Sector by Vendor Segmentation 2010
Exhibit 4: Acquisition by GE Energy in the Geographic Information System Market
Exhibit 5: Acquisitions by Hexagon AB in the Geographic Information System Market
Need to Reduce Carbon Footprint Driving Growth of GIS in Utility Sector
A recently published report by Technavio, specialists in emerging technologies market research, reveals that the Global Geographic Information Systems (GIS) market in the Utility sector is expected to grow at a CAGR of 16 percent over the period 2010–2015. The report, which covers the Americas as well as the EMEA and APAC regions, indicates that the market is driven by green initiatives such as reducing carbon footprints.
According to Technavio’s industry analyst, “Global awareness about minimizing carbon footprints is one of the key drivers for the GIS market in the Utility sector. As a result, many organizations are innovating solutions such as utilization of recycled water for secondary purposes. GIS technology enables utility service providers to understand demand in certain localities, locate the position of distribution systems to cater to the needs of the region, and to identify the shortest route to connect the central and the local distribution systems. With the type of support provided by GIS technology, utility service providers are able to contribute toward the mitigation of environmental damage.”
The report also highlights that the lack of a good communication infrastructure is hindering the growth of this market in some regions. However, growing demand from smart grids is expected to boost the market. This market is also marked by rising market share for low-cost GPS-enabled handsets. These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
Technavio’s report, Global Geographic Information System Market in the Utility Sector 2010-2015, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market.
Companies mentioned in this report include GE Energy, Hexagon AB, Bentley Systems Inc., Autodesk Inc., and Environmental Systems Research Institute Inc.