Wednesday, September 23. 2009

50% Expansion of GIS Market Predicted by ARC Advisory Group in Five Years

ARC Advisory Group, a market research firm focused on the manufacturing, energy and supply chain IT sectors, has issued a prediction (press release) that the GIS market will grow 50% within the next five years based on a compounded annual growth rate (CAGR) of 9.3%. Clint Reiser, the report's author states that, "The market for 2009 is $1.48 billion. That is a slight reduction from 2008, which we have at $1.511 billion." This revenue number is inclusive of software, implementation services, maintenance & support, and software as a service revenues. According to ARC Advisory Group, this phenominal growth will be the result of two driving forces:

1. Smart Grid initiatives - according to the report, "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."

2. Emerging economies - according to the report, "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."

This report seems to validate IDC market analyst David Sonnen's opinion reported in today's article in which Sonnen was asked about the growth of the business analytics market that is expected to grow at a CAGR of 7.3%. "Right now, it looks like spatial analytics will grow a bit faster - how much faster is hard to say. But, there is currently a lot of interest in spatial technology broadly, and I expect that interest will translate into increasing revenue as the recession abates," said Sonnen.

We have now two reports estimating the growth of the GIS market sector to be projected to grow somewhere in the 7.3% to 9.3% range. The recently released Daratech market research report puts revenue at approximately $2.3 Billion and growth to be down 0.7% in the private sector and up only 4.1% in the public sector.

For those of you who are always looking for the "growth numbers" of GIS, this perhaps more data than we have had in several years.

Posted by Joe Francica in Geospatial Business at 10:32 | Comments (3) | Trackbacks (0) |

Tuesday, September 22. 2009

Podcast: deCarta Supports OpenStreetMap

This past week's big news was deCarta's announcement of support for the crowdsourced OpenStreetMaps geographic data across its product line. What does that mean for other companies in the mapping tools space, the data space and for end users of these products?

Posted by Adena Schutzberg in Open Source, Directions on the News Podcast, Geospatial Business, Tele Atlas, NAVTEQ, Data at 06:00 | Comment (1) | Trackbacks (0) |

Thursday, September 17. 2009

What's Going on at CH2M HILL?

Earlier this week former senior members of the CH2M HILL Enterprise Spatial Solutions group launched Spatial Development International (SpatialDev). "The sweet spot for our new start-up company is combining our traditional enterprise GIS implementation experience with our knowledge of emerging geospatial platforms," per the site. I know of the team from its work on AgCommons and WhereCampAfrica.

via @David_Sonnen

On Wednesday, CH2M HILL sold its information-management division to Golden Gate Capital, a private equity firm that focuses on the IT industry. The company says it want to focus on its core business of engineering and construction.

- Denver Business Journal

Posted by Adena Schutzberg in Geospatial Business at 07:20 | Comments (5) | Trackbacks (0) |

Tuesday, September 8. 2009

China GIS Growth: Homegrown

China Economic Net has a not very well sourced article about the growth of the geospatial market in the country. Among the interesting tidbits:

Made-in-China geographic information system softwares represented by SuperMap and MapGIS have been emerging in succession and formed early scale.

Up to now, made-in-China 3D GIS softwares have taken up half of native market shares. A great deal of softwares in the industries like remote sensing and navigation have also realized independent innovation and occupied over 90 percent of native market shares.

Posted by Adena Schutzberg in Market Research, Geospatial Business at 06:09 | Comments (2) | Trackbacks (0) |

Wednesday, September 2. 2009

Analysts Predict Impact of WorldView-2 Launch

And the news is good per the experts:

- DigitalGlobe will gain 10% in marketshare (it has 45% now)
- GeoEye will technically lose marketshare, but not revenues
- DigitalGlobe growth may be in excess of 3 percent with revenue growth of 35 percent in 2010
- Both companies will do well with upcoming federal procurements for imagery

- Reuters

Posted by Adena Schutzberg in Remote Sensing, DigitalGlobe, Geospatial Business at 06:54 | Comments (0) | Trackbacks (0) |

Tuesday, September 1. 2009

Podcast: OGC Gets into Real Estate, DigitalGlobe Readies Bird for Daily Revisits

Our editors ask: Why is the Open Geospatial Consortium hooking up with the Open Standards Consortium for Real Estate and what should potential users of DigitalGlobe's Worldview-2 satellite data be pondering before its launch planned for October?

Posted by Adena Schutzberg in Oracle, Standards, Remote Sensing, Sensors, Directions on the News Podcast, DigitalGlobe, Geospatial Business, Satellite Imagery, Google Earth, Cloud Computing at 06:00 | Comments (0) | Trackbacks (0) |