Research and Markets: Global GIS Market in BFSI 2012-2016 with Bentley Systems Inc., Esri Inc., GE Energy and Hexagon AB Dominating

DUBLIN — (BUSINESS WIRE) — February 5, 2014Research and Markets ( http://www.researchandmarkets.com/research/kgqjv7/global_gis_market) has announced the addition of the "Global GIS Market in BFSI 2012-2016" report to their offering.

The analysts forecast the Global GIS market in the Banking and Financial Services industry (BFSI) to grow at a CAGR of 4.95 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for efficient decision-making systems. The Global GIS market in BFSI has also been witnessing an increasing focus on providing application-specific GIS solutions. However, the lack of awareness of GIS technology could pose a challenge to the growth of this market.

The key vendors dominating this market space include Bentley Systems Inc., Esri Inc., GE Energy, and Hexagon AB.

The other vendors mentioned in the report are Astrium (EADS Co.), Autodesk Inc., AvisMap GIS Technologies, Beijing SuperMap Software Co. Ltd., Caliper Corp., Computer Aided Development Corp. Ltd., Digital Globe Inc., ERDAS Inc., Geosoft Inc., GoogleMap, Hitachi Zosen Corp., MacDonald, Dettwiler and Associates Ltd., Overwatch Systems, Ltd., PASCO Corp., Pitney Bowes Inc., ScanPoint Geomatics Ltd., SuperMap Inc., SuperMap Software Co. Ltd., Ubisense Group plc, and WTH Technology Inc.

Commenting on the report, an analyst from the team said: One of the main trends witnessed in the Global GIS market in BFSI is increasing focus on providing application-specific GIS solutions. GIS market vendors are providing customized GIS solutions to meet specific industry requirements/applications as several end-users prefer customized GIS solutions to retain their competitiveness in the market.

The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Astrium (EADS Co.), Autodesk Inc., AvisMap GIS Technologies, Beijing SuperMap Software Co. Ltd., Caliper Corp., Computer Aided Development Corp. Ltd., Digital Globe Inc., ERDAS Inc., Geosoft Inc., GoogleMap, Hitachi Zosen Corp., MacDonald, Dettwiler and Associates Ltd., Overwatch Systems, Ltd., PASCO Corp., Pitney Bowes Inc., ScanPoint Geomatics Ltd., SuperMap Inc., SuperMap Software Co. Ltd., Ubisense Group plc, and WTH Technology Inc.

For more information visit http://www.researchandmarkets.com/research/kgqjv7/global_gis_market

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