Partnerships M&As 43 40
23 20
18 12
12
12
9 6
2014
2015
2016
2017
2018
2019
Trends in Professional Geospatial Market (PGM)
4 1
1 6
7 1 1
1 2 1 1 2
7 11
4 4 2014
5
11
5 2015
Hardware
5 2016
2017
Services
2018
Software
2019
Solutions
Merger & Acquisition trends based on company’s offering
2 1
8 4
5
4 4
7 2014
2015 Hardware
5
6
11
17
12
11
13
13
2016 Services
6
11 13
12
15
2017
11
2018
Software
Partnerships trends based on company’s offering
Solutions
2019
Professional Geospatial Market (PGM) In the PGM segment, as compared to 2018, 2019 saw a nearly 50% decline in M&As (23-12). However, there was a slight increase in partnerships (39-40). Most partnerships were forged in vertical/workflow integration, while acquisitions were made for portfolio diversification. Interestingly, M&As among hardware and solution companies dropped significantly, as compared to the previous year. However, among services and software companies, M&As remained the same. In partnerships, software companies occupied a large space, while service companies too seemed to be taking a leap.
In the Professional Geospatial Market, which includes national mapping agencies, thematic mapping organizations and commercial companies, most of the M&As and partnerships in 2019 were done by hardware companies, followed by services, software and solutions companies www.geospatialworld.net | Mar-Apr 2020
51
Sources: Geospatial Media Analysis
39
37
