GEOGRAPHIC INFORMATION SYSTEM MARKET LEADERSHIP

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GEOGRAPHIC INFORMATION SYSTEMMARKET
LEADERSHIP The global Geographic Information
System market size is projected to grow from USD
8.1 billion in 2020 to USD 14.5 billion by 2025
at a CAGR of 12.4 from 2020 to 2025. The growth
of the geographic information system market is
driven by the development of smart cities and
urbanization, integration of geospatial
technology with mainstream technologies for
business intelligence, and increasing adoption of
GIS software in the transportation sector. This
market offers several opportunities for existing
and entry-level companies to enable them to
expand their businesses. In 2019, the geographic
information system market was dominated by
Hexagon AB, Pitney Bowes Inc., Bentley System
Incorporated, Environmental Systems Research
Institute, Inc. (Esri), and General Electric Co.
A few of the key strategies executed by these
players to compete in the geographic information
system market include product launches,
partnerships, collaborations, and agreements. A
significant number of acquisitions mergers
were also undertaken during this period. Hexagon
AB is a leading global provider of geospatial
technologies for industrial and enterprise
applications. The company focuses on delivering
precision measuring technologies. It operates
through two segments, namely, Geospatial
Enterprise Solutions (GES) and Industrial
Enterprise Solutions (IES). The Geospatial
Enterprise Solutions segment is further divided
into geosystems, safety and infrastructure, and
positioning intelligence. The company, through
its Geospatial Enterprise Solutions segment,
offers various software and hardware solutions
related to GIS. The GES segment offers sensors
for capturing data from land and air as well as
sensors for positioning via satellites. It also
provides GIS software for the creation of 3D maps
and models for applications such as surveying,
construction, public safety, and
agriculture. August 2019 Hexagon transformed
and positioned itself as an information
technology company. October 2021- Hexagons
Geospatial division, a world leader in location
intelligence solutions, launched Power Portfolio
2020, the latest version of its leading
photogrammetry, remote sensing, GIS and
cartography products. Pitney Bowes Inc. is a
leading provider of customer information
management, location intelligence, shipping and
mailing, and e-commerce solutions. It operates
through three segments, namely, Small and Medium
Business Solutions, Enterprise Business
Solutions, and Digital Commerce Solutions. The
company, through its Small and Medium Business
Solutions segment, offers equipment, software,
and services for digital mailing. The companys
Enterprise Business Solutions segment includes
equipment and services that enable large
enterprises to process inbound and outbound
e-mails. May 2018- Pitney Bowes Re-engineered
Desktop Mapping and Location Intelligence to
Power Innovation. Bentley Systems, Incorporated
is a leading provider of software solutions for
infrastructure design, construction, and
operations. The company offers software
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• solutions for structural, architectural,
  electrical, and mechanical engineering
  applications. The companys Asset Performance
  software solutions include Bentley Map, Bentley
  Map PowerView, Bentley Map Enterprise, and
  Bentley Map Mobile.
• Additionally, it offers solution implementation,
  on-boarding, change management, consulting, and
  on-premise managed services.
• January 2020 Bentley Systems, Geopath, and HERE
  Technologies, a global leader in mapping and
  location platform services, announced a
  partnership that is expected tocreate deeper
  market insights for out-of-home (OOH) and digital
  out-of- home (DOOH).
• May 2019- Bentley Systems announced the
  acquisition of Keynetix, a provider of
  Geotechnical Data Management Cloud Services.
• 360QUADRANTS SCORING METHODOLOGY
• Top companies in the Geographic Information
  System market will be rated using the following
  methodology -
• A highly experienced team of researchers and
  senior analysts conduct extensive research to
  generate a list of vendors (competitors).
• A patent-pending algorithm is used to collect
  inputs from key stakeholdersindustry experts,
• buyers, vendors, and 360Quadrants analystsbased
  on criteria for Product Maturity and Company
  Maturity.
• Criteria under Product Maturity include breadth
  and depth of product/service offering,
• product features and functionalities, product
  differentiation, and their impact on customer
  value.
• Criteria under Company Maturity include
  geographical footprint, partner ecosystem,
  financial stability, and client coverage or
  sector footprint.
• Approximately 20 in-depth parameters will be
  considered for research for the Geographic
• Information Systemmarket. These parameters will
  be updated every sixmonths to ensure latest
  developments are taken into consideration.
• A weight is assigned to each stakeholder based on
  information gathered pertaining to the
• above criteria as well as inputs from
  stakeholders. These inputs follow the order of
  priority given below
• Buyers

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to unbiased information that helps them make
qualified business decisions. The platform
facilitates deeper insights using direct
engagement with 650 industry experts and
analysts and allows buyers to discuss their
requirements with 7,500 vendors. Companies are
ableto win ideal new customers, customize their
quadrants, decide key parameters, and position
themselves strategically in a niche space, to be
consumed by giants and start-ups alike. Experts
are ableto grow their brand and increase their
thought leadership. The platform targets the
building of a social network that links industry
experts with companies worldwide. The platform
has around 400 buyers across various
markets. 360Quadrants will also be launching
quadrants in fields such asDigital Transformation
Software, Cloud Computing Software, and Access
Control Software.