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Company: Daratech, Inc.
Location: Cambridge, Ma, United States of America
Cambridge, Mass.,
August 19, 2009 –
GIS/Geospatial industry worldwide growth
is forecast to slow to 1%, down from 11% in 2008 and a whopping 17.4%
in 2007
according to a just released study by Daratech, Inc., a Cambridge, Massachusetts
market research firm. However, industry CEOs interviewed by Daratech
were
unanimous in their belief that growth consistent with the robust 11%
cagr of
the past six years would return in 2010.
North America has not been as adversely affected
by the downturn as the
rest of the world due to the on-going needs of homeland security and
continuing
investment in GIS, by the public sector. Growth in North America is
forecast by
Daratech to top 2.1%, more than twice the growth in Asia Pacific and
five times
the growth in Europe where investment in GIS/Geospatial technology has
been
hurt more severely by the current downturn as many European governments
have
cut back their geospatial technology purchases in anticipation of lower
tax
collections.
Perhaps the
most dramatic
slowdown in 2009 was in the private sector, which is forecast to shrink
to $1.4
billion, down 0.7% from 2008. This downturn echoes the general pull
back of the
private sector from major additional investments in new IT
technologies. At the
same time public sector sales are expected to grow 4.1% to almost $957
million
in 2009 reflecting this sectors continuing deployment of GIS
technologies to
all the services it offers.
In the
Traditional GIS segment ESRI continues to have a
dominant 30% market share, up from 29% in 2008 according to Daratech.
Lead by
its iconic president Jack Dangermond, ESRI has been a benchmark for new
GIS
technologies, philosophies and direction for the entire industry for
more than
20 years, and indications are that it will continue to be so, says
Daratech.
Intergraph, the second largest player in the traditional segment is
forecast by
Daratech to have a 16% market share in 2009, up from 15% in 2008.
Intergraph is
remaking its entire business around a GIS philosophy, and as a GIS
service
provider Intergraph is likely to become even stronger in the years
ahead. Third
ranked is GE Energy, which is the market leader in the utilities market
where
it is forecast to have a 24% market share.
In the larger
GIS/Geospatial
market that includes data, geo-enabled engineering, GPS, photogrammetry
and
remote sensing MDA has a leading 21.8% share of the market. MDA’s
strength is
geospatial and engineering services
for imaging,
GIS, geology, weather and defense. The company’s sales are
mostly to the homeland
security and defense markets. ESRI, is second with a 15.7% share and
Bentley
Systems, the leading supplier of GIS/Geospatial AEC market software and
services (where it has a
42.1% market share) is third. Bentley has frequently made the running
in the
geo-enabled engineering applications market and continues to
demonstrate strong
leadership in this area. However, Bentley can expect stronger
competition from
Autodesk, Intergraph and ESRI in the coming years, as this segment of
the
market may show greater than average growth, says Daratech.
Just
released, Daratech’s study GIS/Geospatial Markets &
Opportunities
includes more than 1500 charts that cover both the private and public
market
segments for the years 2004 through 2009. It is available for purchase
on
Daratech’s web site http://www.daratech.com.
The charts and graphs in
this new
release are the copyrighted property of Daratech, Inc. They can be
used, with
written permission from Daratech, Inc. in news publications and trade
newsletters and magazines. For more information contact Ruth Murphy by
email at
ruth@daratech.com">ruth@daratech.com or phone +1
617 418
1153.
Charles
Foundyller who wrote this study is available for comment.
He can be reached at by email at charles@daratech.com">charles@daratech.com
Charles Foundyller (charles@daratech.com)
Phone: 617 418 1153 |
