Wednesday, September 23, 2009

Geospatial Information Systems Market to Grow 50% Over Next Five Years

Markedet for GIS er vokset - områder som tidligere ikke har anvendt GIS på grund kompleksiteten eller den manglende teknologiske modenhed er begyndt at basere sig mere og mere på GIS som platform for udvikling og daglig brug ... Er det ikke bare fantastisk at være en GIS nørd ...

The market for GIS has expanded - areas in which GIS has previously had no importance due to the complexity and technological inadequacies have now started to use and build platforms based on GIS ... Isn't just great to be a GIS nerd under such circumstances ...


The worldwide market for Geospatial Information Systems (GIS) is forecast to grow 50% over the next five years, representing a compound annual growth rate of 9.3%, according to a new ARC Advisory Group study. GIS market revenues will be driven in the near future by continued worldwide spending in non-cyclical industries such as electric power, oil and gas distribution, and divisions of federal governments. Growth in the mid to latter years of the forecast period will be driven by increased adoption of GIS in emerging markets such as Asia, Latin America, and the Middle East; and a return to spending in North America and Europe by industries hardest hit by the global economic downturn.

GeospatialMany publicly traded enterprise software suppliers external to the GIS market have already reported substantial reductions in 2009 revenues. “However, GIS software differs from other enterprise software markets due to the extensive sales to businesses in non-cyclical sectors such as utilities and government. Therefore, the economic downturn’s effect on the GIS market is expected to be subdued in comparison to the downturn’s effect on other enterprise software markets,” according to Clint Reiser, Enterprise Software Analyst, and the principal author of ARC’s “Geospatial Information Systems Worldwide Outlook”.

Electric Power Adopts GIS as Smart Grid Platform
The transmission and distribution operations of the electric power industry have adopted GIS solutions as the standard platform technology for the management of their networks. GIS sales to this vital industry are predicted to experience above average growth due to the expansion and ongoing management of electric power infrastructure in emerging economies and increased investment resulting from the Smart Grid initiative in the United States. The Smart Grid initiative will introduce distributed generation and new devices into the electric power grid. This will require substantial network reengineering. GIS is the likely technology to be used for the design, analysis, and ongoing management of the new network configuration. These evolving requirements are expected to increase the level of GIS adoption, upgrade, and modification within the electric power industry.

Emerging Technologies Reshape the GIS Market
The deployment of GIS server solutions, or “Enterprise GIS”, has grown considerably over the last decade. As a result, GIS has become accessible to numerous employees across an organization in sectors such as government and utilities. Over the same period, mobile GIS has become more prevalent and shows promise for increased adoption in network design and maintenance functions. More recently, the use of web services and cloud computing have become emerging trends within the industry. Spatial analysis capabilities in conjunction with customer demographic data and other general data sets are already being delivered to the market through the software-as-a-service (SaaS) model. The continuing adoption of mobile GIS, the SaaS delivery model, and other forms of cloud computing have great potential to transform and expand segments of the GIS market in the near future. [...]

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